RRIFs (1)

Control your finances during your retirement years while enjoying competitive returns with a Registered Retirement Income Fund (RRIF). You choose the income frequency, payment amount, and where the money goes. Benefit from variable or fixed rate plans, and earn a competitive, guaranteed interest rate on your retirement income as you continue to enjoy tax benefits. All RRSP funds must be converted to a registered income fund during the year you turn 69.

All deposits are insured for up to $100,000 per plan through the Deposit Insurance Corporation of Ontario.

Effective May 3, 2008

60 - 89 days2.15%
90 - 179 days2.25%
180 - 364 days2.35%
12 - 18 months3.20%
18 - 24 months3.25%
2 to less than 3 years3.40%
3 to less than 4 years3.50%
4 to less than 5 years3.70%
5 to less than 7 years3.80%
7 years3.80%

Mutual Funds are offered through Qtrade Asset Management Inc., member MFDA.

All interest rates subject to change without notice.

(1) Minimum interest paid per payment period - 75¢. All rates stated are per annum. All CDN$ term deposits, RRSPs, RRIFs, RESPs, and LRIFs have a $500 minimum. On non-redeemable term deposits, interest is paid or compounded annually.

earn competitive returns during your retirement years