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)
2.000 2.025 2.025 2.120 2.200
Non-Registered
(Min. $1000.00)
INCOME GICs (Non-Registered, TFSA and RRIF)
Annual 2.000 2.025 2.025 2.125 2.200
Semi-Annual 2.000 2.025 2.025 2.125 2.200
Quarterly 1.875 1.900 1.900 2.000 2.075
Monthly 1.875 1.900 1.900 2.000 2.075
MINIMUM Annual ($) 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 (%) 1.35
Investment Amount $10,000
Monthly 172.41
Quarterly 517.82
=Semi-annually 1,037.37
Annually 2,081.72

 

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: 2019/04/10
Term In Months: 12 24 36‑47
48 60
Montreal Trust - Minimum $5000.00 Deposit          
COMPOUND GICs          
RRSP/OPEN/TFSA 2.100 2.230 2.260 2.340 2.400
Term In Months: 12 24 36‑47
48 60
Bank of Montreal - Minimum $5000.00 Deposit          
COMPOUND GICs          
RRSP/OPEN/TFSA 2.220 2.240 2.280 2.350 2.460
Income GICs          
Annual 2.400 2.450 2.500 2.600 2.700
Semi-Annual 2.120 2.140 2.180 2.250 2.360
Monthly 2.070 2.090 2.130 2.200 2.310