Guaranteed Investment Certificates (GICs)

Fixed Rate Deposit with terms from 1 to 5 years with a guaranteed return, compounding annually. Shorter terms less than one year are also available.

Index-Linked Term Deposits – Returns are based on the performance of the S&P/TSX 60 index over the term of the deposit. You can take advantage of gains in the market indexes while still being fully protected if market values drop. No matter what happens in the stock market, you are guaranteed the return of your principal when your deposit matures. Available for terms of 3 or 5 years. RRSP, RRIF and TFSA eligible. Avoid mutual fund manager fees and commissions.