Term Deposits

Term Deposits

All deposits are insured for up to $100,000 per account through the Deposit Insurance Corporation of Ontario. Deposits held in registered savings plans are separately insured from the deposits held in other accounts. All deposits made to RSP plans are fully insured through the Deposit Insurance Corporation of Ontario with no limit on the maximum amount.

Cashable Term Deposits
Flex30 GIC (30-month)*
1.50%
Flex40 GIC (40-month)**
1.80%
RRSP / RESP / RRIF / LIF
RRSP/TFSA Promotion 60 Days
2.00%
60 - 179 Day
0.35%
180 - 269 Day
0.50%
270 - 364 Day
0.70%
1 Year
1.00%
18 Month
1.10%
2 Year
1.20%
3 Year
1.45%
4 Year
1.55%
5 Year
1.75%
7 Year
2.00%
Non-Redeemable Term Deposit / TFSA
60 - 179 Day
0.30%
180 - 269 Day
0.50%
270 - 364 Day
0.60%
1 Year
1.00%
18 Month
1.10%
2 Year
1.20%
3 Year
1.45%
4 Year
1.55%
5 Year
1.75%
7 Year
2.00%
Redeemable Term Deposit
32 - 59 Day
0.25%
60 - 89 Day
0.25%
90 - 119 Day
0.25%
120 - 179 Day
0.25%
180 - 269 Day
0.30%
270 - 364 Day
0.40%
1 Year
0.60%
2 Year
1.00%
3 Year
1.20%
4 Year
1.30%
5 Year
1.50%
7 Year
1.75%
US$ 32 - 365 Day (min. $5,000)
0.20%

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.

*Cashable after 12 months at 1.00%. Available in non-registered, RRSP, TFSA, RRIF and LIRA plans. Contact us for more information.

**Cashable after 6 months at 0.80%. Available in non-registered, RRSP, TFSA, RRIF and LIRA plans. Contact us for more information.