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GIC Laddered Strategy

Guaranteed Investment Certificates (GICs)

Invest in a GIC Laddered Strategy

Bonus interest rates are earned when the investment principal is equally distributed across each of the 1 to 5 Year GIC terms. The initial investment is broken down into five equal GICs with terms of 1, 2, 3, 4, and 5 years. A portion of the investment matures each year to gain flexibility to reinvest at the current posted rate. As each GIC matures, the term is reinvested into a new 5 year GIC.

GIC Laddered Strategy is available for Registered (RRSP & TFSA) and Non-Registered Plan Types

Term Length Posted Rates Bonus Rates*
1 Year 0.85% 0.95%
2 Year 1.15% 1.25%
3 Year 1.30% 1.40%
4 Year 1.35% 1.45%
5 Year 1.45% 1.55%
Average** 1.22% 1.32%

Features & Benefits

  • Maximize returns - over time, a laddering approach allows you to potentially earn more than you would by investing only in shorter term GICs
  • Reduce risk - interest rates move up and down; laddering GICs reduces the impact of changing rates in your investment portfolio
  • Secure and safe - your principal investment is guaranteed
  • Eligible for registered and non-registered plans
  • Low minimum investment ($500)
  • Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA).

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