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GIC Rates

Rates

   GUARANTEED INVESTMENT CERTIFICATES   2008/04/08  
 Term In Months 12-23 24-35 36-47 48-59 60
COMPOUND GICs
RRSP (Min. $500) 2.050 2.300 2.550 2.750 3.000
Non-Registered (Min. $1000) 2.050 2.300 2.550 2.750 3.000
INCOME and RRIF GICs
Annual 2.050 2.300 2.550 2.750 3.000
Semi-Annual 2.050 2.300 2.550 2.750 3.000
Quarterly 1.925 2.175 2.425 2.625 2.875
Monthly 1.925 2.175 2.425 2.625 2.875
 
MINIMUM Annual ($) Semi-Annual ($) Quarterly ($) Monthly ($)
Income GIC 1,000.00 1,000.00 5,000.00 5,000.00
RRIF 5,000.00 5,000.00 5,000.00 5,000.00
 
Volume Bonus
Available on single GIC investments as follows:
1. Investment amounts of $100,000 to $249,999 - 1/8% bonus
2. Investment amounts of $250,000 and over - 1/4% bonus
Family grouping does not apply and multiple GIC's cannot be combined to reach the threshhold amounts.

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   TERM CERTAIN ANNUITY   2008/03/11  
 Investment Amount $10,000
 Term In Months 60 120 180 240
 Annual Interest Rate (%) 3.125 2.875 3.875 3.875
 
  60 120 180 240
 Monthly 180.05 95.81 73.01 59.59
 Quarterly 541.53 288.12 219.72 179.34
 Semi-annually 1087.24 578.29 441.55 360.39
 Annually 2191.34 1164.84 891.57 727.70

TCA Example


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