GIC Rates

B2B Bank GIC Deposit Rates (%) - as of December 8, 2022

Short Term Deposits

(Minimum $25,000 for 30-89 days; $5,000 for 90-364 days)

30-59 Days 60-89 Days 90-119 Days 120-179 Days 180-269 Days 270-364 Days
Canadian Dollar 3.600 3.650 3.700 3.750 3.800 4.000

Long Term Deposits – GICs

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 4.990 4.990 4.800 4.650 4.600
Semi-Annual $ 1,000.00 4.740 4.740 4.550 4.400 4.350
Quarterly $ 1,000.00 4.615 4.615 4.425 4.275 4.225
Monthly $ 10,000.00 4.615 4.615 4.425 4.275 4.225

RRSP

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 4.990 4.990 4.800 4.650 4.600

RRIF

(Minimum deposit: $10,000 per portfolio)

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 4.990 4.990 4.800 4.650 4.600
CDIC Badge

 

B2B Bank is a member of the CDIC. Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act. For more information about deposit protection, visit www.cdic.ca.

Laurentian Bank, LBC Trust, Laurentian Trust Company GIC Deposit Rates¹ (%) - as of December 8, 2022

Short Term Deposits

(Minimum $25,000 for 30-89 days; $5,000 for 90-364 days)

30-59 Days 60-89 Days 90-119 Days 120-179 Days 180-269 Days 270-364 Days
Canadian Dollar 3.600 3.650 3.700 3.750 3.800 4.000

Long Term Deposits – GICs

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 4.990 4.990 4.800 4.650 4.600
Semi-Annual $ 1,000.00 4.740 4.740 4.550 4.400 4.350
Quarterly $ 1,000.00 4.615 4.615 4.425 4.275 4.225
Monthly $ 10,000.00 4.615 4.615 4.425 4.275 4.225

RRSP

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 4.990 4.990 4.800 4.650 4.600

RRIF

(Minimum deposit: $10,000 per portfolio)

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 4.990 4.990 4.800 4.650 4.600

¹Rates for terms sold through deposit brokers.