Beneva
BMO Insurance
Canada Life
Desjardins Financial
Empire Life
Equitable Life
Great-West Life
Industrial Alliance
ivari
Manulife
RBC Insurance
Sun Life
Mid-Term RRSP Rates
RRSP Interest Rates
| Registered Term Deposits/GICs: 1 to 6 years | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Financial Institution | Redeem- able |
Minimum Deposit |
Term In Years | ||||||
| 1 | 2 | 3 | 4 | 5 | 6 | ||||
| Achieva Financial | no | 1,000 | 3.8000 | 3.7000 | 3.6000 | 3.5000 | 3.5000 | - | |
| BMO Bank of Montreal | no | 1,000 | 3.0000 | 3.1000 | 3.1500 | 3.2500 | 3.3000 | 3.4000 | |
| Bank of Nova Scotia | no | 500 | 3.2500 | 3.1000 | 3.0500 | 3.0000 | 3.0000 | - | |
| Bk Nova Scotia Mtg. Corp | no | 500 | 3.2500 | 3.1000 | 3.0500 | 3.0000 | 3.0000 | - | |
| CIBC | no | 500 | 2.7500 | 2.7000 | 2.7500 | 2.8000 | 2.8500 | - | |
| Canada Life | yes | 500 | 2.0000 | 2.1500 | 2.3000 | 2.4500 | 2.5500 | 2.6500 | |
| Canadian Western Bank | no | 500 | 2.9000 | 2.8500 | 2.8500 | 2.8500 | 2.8500 | - | |
| Coast Capital Savings | no | 1,000 | 3.9000 | 4.3500 | 3.4000 | 3.5000 | 3.5000 | - | |
| Comtech Fire Credit U. | no | 5,000 | 2.1000 | 2.6000 | 2.8500 | 3.0000 | 3.2000 | - | |
| Desjardins | no | 500 | 3.1500 | 3.1000 | 3.0000 | 3.0500 | 3.150 | - | |
| EQ Bank | no | 100 | 3.4000 | 3.3500 | 3.3500 | 3.4000 | 3.4000 | 2.6000 | |
| Effort Trust | no | 1000 | 3.1900 | 3.0000 | 3.0000 | 3.0000 | 3.0000 | - | |
| Empire Life | yes | 500 | 2.4000 | 2.5500 | 2.6500 | 2.7500 | 3.2500 | 2.9500 | |
| Equitable | yes | 500 | 2.9500 | 3.0000 | 3.0000 | 3.0500 | 3.5000 | - | |
| Equity Credit Union | no | 5,000 | 3.8500 | 3.6000 | 3.5000 | 3.5500 | 3.6000 | - | |
| FirstOntario Credit Un. | no | 500 | 3.3500 | 3.4000 | 3.4000 | 3.4000 | 3.4000 | - | |
| Home Bank | no | 1,000 | 3.2500 | 3.2500 | 3.2500 | 3.3000 | 3.3500 | - | |
| Home Trust | no | 1,000 | 3.2500 | 3.2500 | 3.2500 | 3.3000 | 3.3500 | - | |
| Hubert Financial | no | 1,000 | 3.9500 | 3.8500 | 3.7500 | 3.6500 | 3.6500 | - | |
| IC Savings | no | 1,000 | 3.0000 | 2.8500 | 2.8500 | 2.8000 | 2.7500 | - | |
| Industrial Alliance | yes | 1,000 | 2.7000 | 2.8000 | 2.7500 | 2.8000 | 2.9000 | - | |
| Kindred Credit Union | no | 500 | 3.4500 | 3.5000 | 3.4000 | 3.4000 | 3.4500 | - | |
| Luminus Financial | no | 500 | 3.8000 | 3.6000 | 3.5000 | 3.4000 | 3.3000 | - | |
| MCAN Mortgage Corp. | no | 5,000 | 3.0000 | 3.0000 | 3.0000 | 3.0000 | 3.0000 | - | |
| Manulife Bank | no | 2,500 | 3.0000 | 3.2000 | 3.2000 | 3.2500 | 3.3500 | - | |
| Manulife Investments | yes | 2,500 | 2.6500 | 2.7000 | 2.7500 | 2.8500 | 3.0000 | 3.0500 | |
| Meridian Credit Union | no | 500 | 3.5000 | 3.5500 | 3.3000 | 3.3000 | 3.3500 | - | |
| Motive Financial | no | 500 | 3.5500 | 3.4000 | 3.4500 | 3.4000 | 3.4000 | - | |
| National Bank | no | 500 | 3.1500 | 3.1500 | 3.1500 | 3.2000 | 3.2500 | - | |
| Oaken Financial | no | 1,000 | 3.7500 | 3.9500 | 3.6500 | 3.6500 | 3.7000 | - | |
| Outlook Financial | no | 1,000 | 3.9500 | 3.8000 | 3.6500 | 3.6000 | 3.5500 | - | |
| Peace Hills Trust | no | 5,000 | 3.7000 | 3.9600 | 3.8800 | 3.7600 | 3.6500 | - | |
| Peoples Trust | no | 1,000 | 3.8000 | 3.7000 | 3.6500 | 3.6000 | 3.6000 | - | |
| Royal Bank of Canada | no | 500 | 3.0000 | 2.8500 | 2.8500 | 2.8000 | 2.7500 | - | |
| Serenia Life Financial | yes | 500 | 2.9500 | 3.0000 | 3.0500 | 3.1000 | 3.1500 | - | |
| Shinhan Bank Canada | no | 0 | .0100 | .0100 | .0100 | .0100 | .0100 | - | |
| Steinbach Credit Union | no | 500 | 3.7500 | 3.7000 | 3.5000 | 3.5000 | 3.4500 | - | |
| Sun Life - Insurance | yes | 1,000 | 2.8500 | 2.9000 | 2.9000 | 2.9500 | 3.0000 | - | |
| Sun Life - Trust | no | 1,000 | 3.2500 | 3.2000 | 3.0500 | 3.1000 | 3.1500 | - | |
| TD Canada Trust | no | 500 | 3.2500 | 3.2500 | 3.1500 | 3.3000 | 3.3000 | - | |
| Tangerine | no | 1 | 3.7000 | 3.6000 | 3.5500 | 3.5000 | 3.5500 | - | |
| UV Insurance | yes | 500 | 2.9500 | 2.9000 | 2.8500 | 2.9000 | 3.0000 | - | |
| VersaBank | no | 1,000 | 3.1000 | 3.0000 | 3.0000 | 3.0000 | 3.0000 | - | |
| Wealth One Bank Canada | no | 1,000 | 4.1000 | 4.0500 | 4.0500 | 3.9500 | 4.0500 | - | |
|
Interest compounded annually and paid at maturity.
Term deposits are investment products that offer a guaranteed rate of return for a pre-defined time period. The applicable interest rate varies according to the term of investment, the amount of money invested, the treatment of interest and whether or not the investment is redeemed prior to maturity. Term deposits are also known as GICs (Guaranteed Investment Certificates), or Accumulation Annuities when issued by an insurance company. These investments are registered for tax purposes as an RSP (retirement savings plan). |
|
Prepared by CANNEX on January 8, 2025 at 10:30:24 ET. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2025 CANNEX Financial Exchanges Limited. All rights reserved. |
