- Certain conditions apply. For full details and conditions, contact your advisor.
- Rates subject to change daily - without notice - depending on the market.
- Upon redemption by the Bank, the principal will be paid plus accrued interest. The bank may redeem or extend after 1-year on every anniversary date.
GIC rate as of October 31, 2022 ¹ ⁻ ²
GIC rate as of December 8, 2025 ¹ ⁻ ²
GIC long term
Guaranteed products |
Conditions
|
Issuers
|
Gross |
Minimum |
1-year GIC | Non-redeemable | Canadian banks | 2.91% | 500,000$+ |
18 month GIC |
Non-redeemable | Canadian banks |
2.95% | 500,000$+ |
2-year GIC |
Non-redeemable | Canadian banks |
3.12% | 500,000$+ |
3-year GIC |
Non-redeemable | Canadian banks |
3.27% | 500,000$+ |
4-year GIC |
Non-redeemable | Canadian banks |
3.45% | 500,000$+ |
5-year GIC |
Non-redeemable | Canadian banks |
3.63% | 500,000$+ |
1-year GIC (USD) |
Non-redeemable |
Canadian banks |
4.00% | 500,000$+ |
GIC short term
Guaranteed products |
Conditions
|
Issuers
|
Gross |
Minimum |
High Interest Accounts | redeemable in 24
hours | Canadian banks |
2.20%
| 300,000$+ |
1 year GIC |
Redeemable after 30 days without penalty | Canadian banks | 2.20% | 300,000$+ |
2 month GIC |
Non-redeemable | Canadian banks |
2.35% | 500,000$+ |
3 month GIC |
Non-redeemable | Canadian banks |
2.38% | 500,000$+ |
6 month GIC |
Non-redeemable | Canadian banks |
2.48% | 500,000$+ |
9 month GIC |
Non-redeemable | Canadian banks |
2.60% | 500,000$+ |
Some important details:
- The rates are subject to management fees and will impact the gross rate shown.
- The rates presented were negotiated for tranches of $500,000 and more. Contact us for more details.
- To discover our rates for tranches under 500,000$, visit our dedicated page.
Structured Solutions as of December 8, 2025 ¹ ⁻ ²
Name
|
Term
|
Underlying
|
Structures
|
Capital protection
|
Sales period
|
Extendible Linear Accrual Flex GIC, series 293F | 15 years (if not called) | s.o. | Accrual Amounts: 6.55% | 13.10% | 19.65% | 26.20% | 32.75% | 39.30% | 45.85% | 52.40% | 58.95% | 65.50% | 72.05% | 78.60% | 85.15% | 91.70% | 98.25% Extendible annually |
100% capital protection at maturity | Closing December 11th Issuing December 17th |
Extendible Coupons Flex GIC, series 523F |
10 years (if not called) |
s.o. | Fixed coupons paid annually Extendible annually Annualized Coupons: 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% | 4.40% Yield-to-call: 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 |
100% capital protection at maturity | Closing December 11th Issuing December 17th |
Some important details on Flex GIC:
- Principal invested on the issue date guaranteed by the Bank at maturity
- On the initial maturity date or on extended maturity dates, the Bank has the option to extend the maturity annually up until the final maturity date³
- The Extendible Flex GICs with coupons pay annual fixed interest payments
- Interests on the Extendible Linear Accrual Flex GIC are accrued in the product and not paid until maturity or redemption by the bank
- Coupons based on the underlying reference rate plus a spread (%) for the duration of the term (Floating rate Flex GICs)
- Floating rate Flex GICs offer variable coupons paid quarterly
- Liquidity: can be sold back to the Bank on a daily basis, subject to normal market conditions
- Initial value is not guaranteed when sold back to the bank by investor during the term
- Eligible for CDIC deposit insurance
- Management fees are to be expected
Some important details on Income Buffer notes :
- Callable monthly if index returns are equal or above the call threshold of initial level after the 5th observation date
- No capital loss at maturity until the buffer is breached
- Management fees are to be expected
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