Grow your money with a long-term GIC

Confident you won’t need to access some of your excess cash for a while? Choose a term of 1, 2, 3, 4 or 5 years and enjoy a high interest rate with a long-term business GIC. You cannot redeem early, but you can set up monthly, semi-annual or annual interest payments.

Our long-term business GICs let you:

  • Protect your principal
  • Guarantee your interest rate for 1 to 5 years
  • Enjoy higher rates than a short-term deposit
5-year GIC 1

Are our long-term business GICs right for you?

Yes, if you:

  • Have $2,500 or more to invest
  • Want a secure, protected investment
Apple and writing.

In addition to the standard benefits of our GICs you also;

5-year GIC 1

Our long-term business GIC offers a competitive interest rate on all your money

Long-term business GICs

Ask your advisor or call us to set up regular interest payments when you invest in a new long-term business GIC. You can choose to have your interest compound annually, or receive annual, semi-annual or monthly interest payments

Yes, the minimum investment is $2,500 ($10,000 for monthly interest payments). 

No, the only time a long-term business GIC can be redeemed before the maturity date is upon death. 

Trailer camping.

Get extra flexibility when you invest in a business short-term GIC

If you think you might need to access your excess cash during the next year, consider a business short-term deposit. Choose a term between 30 and 364 days, with the option to redeem before the maturity date (fees apply).

Smiling man bakery.

Invest with even more flexibility in a Business Advantage Account

Get a high interest rate and complete flexibility to access your excess cash whenever you want with a Business Advantage Account. Available in Canadian or US dollars, the Business Advantage Account makes it easy to move money into and out of your operating account.