GICs: A Safe Investment Choice

GICs: A Safe Invesment
Have questions about your GIC investment? Contact Auxilium today!

We have investment partners that offer flexible and safe GIC options with fantastic rates. Whether it’s for retirement, an education fund or saving for a rainy day, our GIC’s provide our clients with the safety and security of a competitive rate and guaranteed return, along with eligibility for CDIC coverage, up to applicable limits.

 

*Rates are subject to change without notice*

GIC Rates

Compounding 1 year 2 year 3 year 4 year 5 year Min Dep
Annually 2.05 2.40 2.50 2.60 2.75 $1,000.00
Semi-Annually 2.00 2.35 2.45 2.55 2.70 $1,000.00
Monthly 1.95 2.30 2.40 2.50 2.65 $1,000.00

 

 

GIC Rates – Short Term

Compound Annually 30-59
Days
60-89
Days
90-119
Days
120-179
Days
180-269
Days
270-364
Days
Minimum
Deposit
1.75   1.75   1.80   1.80   1.80   1.80 $1,000.00

 

 

Registered Retirement Savings Plan (RSP)

Compound Annually 1 year 2 year 3 year 4 year 5 year Min Dep
2.05 2.40 2.50 2.60 2.75 $1,000.00

 

 

Tax-Free Savings Account (TFSA)

Compound Annually 1 year 2 year 3 year 4 year 5 year Min Dep
Paid Annually 2.05 2.40 2.50 2.60 2.75 $1,000.00

 

 

Registered Retirement Income Funds (RIF)

Compounding 1 year 2 year 3 year 4 year 5 year Min Dep
Annually 2.05 2.40 2.50 2.60 2.75 $10,000.00

 

Plan Eligibility Non-Registered, RSPs, TFSAs and RIFs
Terms • 30 to 364 days
• 1 – 5 years
Minimum Investment Non-registered: $1,000
Registered:
• RSP & TFSA: $1,000
• RIF: $10,000
Interest Payment Options Terms that are less than one year are payable at maturity
Terms that are greater than or equal to one year are payable:
• Monthly
• Semi-annually
• Annually
• At maturity (compounded annually)
CDIC Eligible Yes, up to applicable limits. Visit www.cdic.ca for more information

 

Questions?

Contact Kam at the Auxilium team!
Phone: 250-590-6520, or email your inquiry.
Have Questions?