Earn high interest rates with long-term GICs

Confident you won’t need to access some of your money for a while? Choose a term of 1, 2, 3, 4 or 5 years and enjoy a high interest rate with a long-term GIC. You cannot access your money before maturity, but if your money is not registered in an account such as a TFSA, RRSP or RRIF, you can set up monthly, semi-annual or annual interest payments.

Our long-term 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 GICs right for you?

Yes, if you:

  • Have $2,500 or more to invest2
  • Want to invest your money in a non-registered account, Tax-Free Savings Account (TFSA), Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF)
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Benefits of a long-term GIC

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


5-year GIC 1

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

Long-term GICs

Long-term GIC is not redeemable before maturity except upon death. Minimum $2,500 investment ($10,000 for monthly rates). For compound interest certificates, use annual rates. Semi-annual and monthly interest available for non-registered certificates only.

These rates apply to deposits up to $2 million. To find out the rates for deposits over $2 million, please call us at 1-877-765-2265.


Ask your advisor or call us to set up regular interest payments when you invest in a new long-term GIC. When investing within a TFSA, RRSP or RRIF, your interest will compound annually. With non-registered money, 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 GIC can be redeemed before the maturity date is upon death. 

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Get extra flexibility when you invest in a short-term deposit

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

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Save with tax advantages in a Tax-Free Savings Account (TFSA)

Build your savings faster in an account that doesn’t tax the growth on your investments and doesn’t tax withdrawals. A TFSA can help you save towards a major purchase, a new home, your retirement or a “rainy day” emergency fund.

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Build a secure future with a Registered Retirement Savings Plan (RRSP)

Get a tax-deduction for your contribution and enjoy tax-deferred investment growth as long as your money remains inside your RRSP. When you’re ready to retire, you can withdraw your money – taxed at what will likely be a lower rate – to help support your retirement lifestyle.