Term deposits / GICs

Low-risk investing that does good.

See all term deposits

What's a term deposit?

A term deposit, also known as a guaranteed investment certificate (GIC), is a low-risk investment that earns interest.

Guaranteed return

Deposit your money for a set amount of time and you’ll earn interest based on an agreed rate or condition. Unlike a savings account where the rate may change.

For short to medium-term investing

Use term deposits to save cash that you don’t need to use now, but are likely to use within the next 5 years.

You’re investing in us

These deposits help fund loans and mortgages used to sustain our neighbourhoods and local businesses.

Choose a term deposit.

How do I pick? Think about how long you can put away your money and how much access you’ll need. Cashable and escalating deposits have the most flexibility while non-redeemables may provide better rates.

Escalating

A higher interest rate every year.

Freedom to withdraw at select times

  • Start investing with $500
  • Invest up to 5 years
  • For non-registered accounts or TFSA
  • For FHSA (3YR only)
Learn more

Cashable

Our most flexible term deposit.

30 or 90 day lockout

  • Start investing with $500
  • Invest up to 1 year
  • For non-registered accounts, TFSA & FHSA (30 day lockout only)
Learn more

Long-term redeemable

Invest without locking in.

Invest for 1 to 5 years

  • Start investing with $500
  • For non-registered accounts
Learn more

Non-redeemable

Lock in your cash and earn more.

Invest for 1 to 5 years

  • Start investing with $100
  • For non-registered accounts, TFSA, RRSP, FHSA, RRIF, RESP, RDSP
Learn more

RRSP/RRIF convertible

Meet your contributions in time.

Convertible at any time

  • Start investing with $500
  • For RRSP, RRIF
Learn more

US dollar redeemable

Earn and avoid exchange rate fluctuations.

Invest for 30 to 364 days

  • Start investing with $5,000
  • For non-registered accounts
Learn more

Short-term redeemable

Earn more than your savings account.

Invest for 30 to 364 days

  • Start investing with $5,000
  • For non-registered accounts
Learn more

Planet-Wise™ Index-linked

Market-linked returns with this ESG-screened portfolio.

Invest for 3 or 5 years

  • Start investing with $1,000
  • For non-registered accounts, TFSA, RRSP, RRIF
Learn more

Get more out of your money.

Unbiased advice
Our wealth planners are here for your best interest. Sharing knowledge about finances so you can make the right decisions for you is our goal.

360° advice and guidance
We look at your big picture, life-stage, tax guidance, retirement planning, and investment strategies to help you plan your financial future.

Alternative ways to invest
If you’d rather invest on your own online, we offer online investing tools. For large investment portfolios, we also offer discretionary fund management.

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