GIC - Long-term rates

GIC- RRSP, TFSA and Non-registered rates
Rates effective as of: July 27, 2024
Account termCompound interest (YRC) Annual interest (YRAP)Monthly interest (YRMP)
Daily0.250 %0.250 %n/a
1 year3.900 %3.900 %3.800 %
2 year3.650 %3.650 %3.500 %
3 year3.600 %3.600 %3.400 %
4 year3.450 %3.450 %3.250 %
5 year3.400 %3.400 %3.150 %
Compound interest (YRC): Interest compounded
Annual interest (YRAP): Simple interest paid out annually
Monthly Interest (YRMP): Simple interest paid out monthly
 
GIC - RRIF rates
Rates effective as of: July 27, 2024
Account termCompound Interest
Daily0.250 %
1 year3.900 %
2 year3.650 %
3 year3.600 %
4 year3.450 %
5 year3.400 %
6 year3.300 %
7 year3.300 %
8 year3.300 %
9 year3.300 %
10 year3.150 %
11 year2.950 %
12 year2.950 %
13 year2.950 %
14 year2.900 %
15 year2.850 %
16 year2.800 %
17 year2.800 %
18 year2.750 %
19 year2.700 %
20 year2.700 %
21 year2.600 %
22 year2.600 %
23 year2.550 %
24 year2.500 %
25 year2.500 %

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