Guaranteed Investment Certificates (GICs)

GICs offer a fixed rate of interest for a specific term, and both principal and interest payments are guaranteed.

  • Security and safety - Investors Group GICs are backed by the financial strength of Investors Group Trust Co. Ltd. All non-Investors Group GICs are backed by the financial strength of their organizations.
  • Competitive interest rates - guaranteed for the full term of the investment
  • Flexible investment terms - ranging from 1 year to 5 years
  • Choice of interest payment frequencies
  • Bonus rates on certain dollar amount purchases
  • Choose from a selection of GIC companies
  • CDIC protection - opportunity to maximize CDIC coverage

GICs issued by Investors Group Trust Co Ltd., and/or other non-affiliated GIC issuers.

Regulatory disclosures regarding Investors Group Trust Co. Ltd.

GIC rates – Investors Group Trust Co.

Term In Months 12 24 36 48 60
Compound GICs
RRSP and TFSA
(Min. $500.00)
1.900 2.150 2.300 2.450 2.550
Non-Registered
(Min. $1000.00)
INCOME GICs (Non-Registered, TFSA and RRIF)
Annual 1.700 1.975 2.125 2.225 2.375
Semi-Annual 1.700 1.975 2.125 2.225 2.375
Quarterly 1.575 1.850 2.000 2.100 2.250
Monthly 1.575 1.850 2.000 2.100 2.250
MINIMUM Annual ($) Semi-Annual ($) Quarterly ($) Monthly ($)  
Non-Registered and TFSA 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.

Term Certain Annuity

Term In Months 60
Annual Interest Rate (%) 1.700
Investment Amount $10,000
Monthly 173.91
Quarterly 522.47
Semi-annually 1,047.14
Annually 2,103.15

 

The above example is of payments received on a $10,000 investment at current rates. Please note the minimum payment that must be generated is $75/month.

The availability of a term will depend on the investment amount and current rates.

GIC Rates - Partners

GUARANTEED INVESTMENT CERTIFICATES EFFECTIVE DATE: 2018-07-06
Term In Months: 12 24 36‑47
48 60
Montreal Trust - Minimum $5000.00 Deposit          
COMPOUND GICs          
RRSP/OPEN/TFSA 1.950 2.300 2.450 2.550 2.700
Term In Months: 12 24 36‑47
48 60
Bank of Montreal - Minimum $5000.00 Deposit          
COMPOUND GICs          
RRSP/OPEN/TFSA 1.950 2.250 2.400 2.500 2.650
Income GICs          
Annual 1.950 2.250 2.400 2.500 2.650
Semi-Annual 1.850 2.150 2.300 2.400 2.550
Monthly 1.800 2.100 2.250 2.350 2.500

If you require further information regarding above rates please contact  IG Investments.