GIC - Long-term rates

GIC- RRSP, TFSA and Non-registered rates
Rates effective as of: October 20, 2021
Account termCompound interest (YRC) Annual interest (YRAP)Monthly interest (YRMP)
Daily0.250 %0.250 %n/a
1 year0.700 %0.700 %0.600 %
2 year0.800 %0.800 %0.650 %
3 year0.800 %0.800 %0.600 %
4 year0.900 %0.900 %0.700 %
5 year1.000 %1.000 %0.750 %
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: October 20, 2021
Account termCompound Interest
Daily0.250 %
1 year0.700 %
2 year0.800 %
3 year0.800 %
4 year0.900 %
5 year1.000 %
6 year1.050 %
7 year1.050 %
8 year1.050 %
9 year1.050 %
10 year1.250 %
11 year1.250 %
12 year1.250 %
13 year1.250 %
14 year1.250 %
15 year1.250 %
16 year1.300 %
17 year1.350 %
18 year1.400 %
19 year1.450 %
20 year1.500 %
21 year1.500 %
22 year1.500 %
23 year1.500 %
24 year1.500 %
25 year1.500 %

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