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Escalator GIC

The longer you hold an Escalator, the greater the rate.

Access to your funds on each anniversary date if you change your mind

5-Year Escalator Registered (RRSP, RRIF & TFSA) Rates5-Year Escalator Registered (RRSP, RRIF & TFSA) Rates

  • 1.00%Year 1
  • 1.20%Year 2
  • 1.40%Year 3
  • 1.70%Year 4
  • 1.95%Year 5
  • 1.45%Yield

Features & Benefits

  • Flexibility – ability to convert to another non-redeemable long-term GIC on each anniversary date
  • Secure and safe – Guaranteed principal and earned income
  • Increase your earnings the longer you hold it
  • Available for registered plans only
  • Low minimum investment ($100)
  • Excellent investment for a portion of your balanced portfolio
  • Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). 

Looking for something different?
See some of our other account options

High Interest Savings Account

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Index-Linked GICs

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Mutual Funds

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