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)
2.150 2.300 2.350 2.450 2.525
Non-Registered
(Min. $1000.00)
INCOME GICs (Non-Registered, TFSA and RRIF)
Annual 2.150 2.300 2.350 2.450 2.525
Semi-Annual 2.150 2.300 2.350 2.450 2.525
Quarterly 2.025 2.175 2.225 2.325 2.400
Monthly 2.025 2.175 2.225 2.325 2.400
MINIMUM Annual ($) 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 (%) 1.60
Investment Amount $10,000
Monthly 173.48
Quarterly 521.14
Semi-annually 1,044.35
Annually 2,097.02

 

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 2.370 2.600 2.650 2.770 2.820
Term In Months: 12 24 36‑47
48 60
Bank of Montreal - Minimum $5000.00 Deposit          
COMPOUND GICs          
RRSP/OPEN/TFSA 2.400 2.450 2.500 2.600 2.700
Income GICs          
Annual 2.400 2.450 2.500 2.600 2.700
Semi-Annual 2.300 2.350 2.400 2.500 2.600
Monthly 2.250 2.300 2.350 2.450 2.550

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