Products & Rates
Fixed GICs
A Guaranteed Investment Certificate (GIC or Term Deposit) is a secure investment and a great option if you’re seeking predictable and guaranteed interest growth.
FIXED GIC BASICS: WHAT YOU NEED TO KNOW
- Deposits including accrued interest to date of payout are 100% guaranteed without limit.
- Choose from a 1 to 5 year term depending on your investment horizon.
- Choose to reinvest your compound interest back into your GIC, or pay it annually to your High-Interest Savings Account.
- Fixed GICs are eligible for non-registered investments and registered plans.
- The minimum deposit for Outlook GICs is $1000.
- Not eligible for early redemption and must remain invested until the expiry of the selected term.