- 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 July 7th, 2025 ¹ ⁻ ²
GIC long term
Guaranteed products |
Conditions
|
Issuers
|
Gross |
Minimum |
1-year GIC | Non-redeemable | Canadian banks | 3.17% | 500,000$+ |
18 month GIC |
Non-redeemable | Canadian banks |
3.10% | 500,000$+ |
2-year GIC |
Non-redeemable | Canadian banks |
3.38% | 500,000$+ |
3-year GIC |
Non-redeemable | Canadian banks |
3.53% | 500,000$+ |
4-year GIC |
Non-redeemable | Canadian banks |
3.70% | 500,000$+ |
5-year GIC |
Non-redeemable | Canadian banks |
3.89% | 500,000$+ |
1-year GIC (USD) |
Non-redeemable |
Canadian banks |
4.40% | 500,000$+ |
GIC short term
Guaranteed products |
Conditions
|
Issuers
|
Gross |
Minimum |
High Interest Accounts | redeemable in 24
hours | Canadian banks |
2.70%
| 300,000$+ |
1 year GIC |
Redeemable after 30 days without penalty | Canadian banks | 2.40% | 300,000$+ |
2 month GIC |
Non-redeemable | Canadian banks |
2.83% | 500,000$+ |
3 month GIC |
Non-redeemable | Canadian banks |
2.83% | 500,000$+ |
6 month GIC |
Non-redeemable | Canadian banks |
2.85% | 500,000$+ |
9 month GIC |
Non-redeemable | Canadian banks |
2.90% | 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 July 7th, 2025 ¹ ⁻ ²
Name
|
Term
|
Underlying
|
Structures
|
Capital protection
|
Sales period
|
Extendible Linear Accrual Flex GIC, series 236F | 15 years (if not called) | s.o. | Accrual Amounts: 6.60% | 13.20% | 19.80% | 26.40% | 33% | 39.60% | 46.20% | 52.80% | 59.40% | 66% | 72.60% | 79.20% | 85.80% | 92.40% | 99% Extendible annually |
100% capital protection at maturity | Opening July 8th Closing July 10th Issuing July 16th |
Extendible Coupons Flex GIC, series 452F |
10 years (if not called) |
s.o. | Fixed coupons paid annually Extendible annually after Year 3 Annualized Coupons: 4.35% | 4.35% | 4.35% | 4.35% | 4.35% | 4.35% | 4.35% | 4.35% | 4.35% | 4.35% Yield-to-call: 4.35 | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 | 100% capital protection at maturity | Closing July 11th Issuing July 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
Benefit from a global approach for your organization
Our team accompanies over 80 NPOs in the pursuit of their mission.
Find out what we can do for you:
To learn more, contact us:
Wealth Advisor & Portfolio Manager
