GIC - Long-term rates

GIC- RRSP, TFSA and Non-registered rates
Rates effective as of: January 27, 2021
Account termCompound interest (YRC) Annual interest (YRAP)Monthly interest (YRMP)
Daily0.250 %0.250 %n/a
1 year0.400 %0.400 %0.300 %
2 year0.350 %0.350 %0.200 %
3 year0.250 %0.250 %0.050 %
4 year0.300 %0.300 %0.100 %
5 year0.350 %0.350 %0.100 %
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: January 27, 2021
Account termCompound Interest
Daily0.250 %
1 year0.400 %
2 year0.350 %
3 year0.250 %
4 year0.300 %
5 year0.350 %
6 year0.400 %
7 year0.400 %
8 year0.400 %
9 year0.400 %
10 year0.600 %
11 year0.600 %
12 year0.600 %
13 year0.600 %
14 year0.600 %
15 year0.600 %
16 year0.650 %
17 year0.700 %
18 year0.750 %
19 year0.800 %
20 year0.850 %
21 year0.850 %
22 year0.850 %
23 year0.850 %
24 year0.850 %
25 year0.850 %

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