GIC rates

GIC Rates

B2B Bank GIC Deposit Rates (%) - as of May 20, 2025

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	1.750	1.750	2.000	2.000	2.500	2.600

Long Term Deposits – GICs

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	3.480	3.500	3.520	3.540	3.690
Semi-Annual	$ 1,000.00	3.230	3.250	3.270	3.290	3.440
Quarterly	$ 1,000.00	3.105	3.125	3.145	3.165	3.315
Monthly	$ 10,000.00	3.105	3.125	3.145	3.165	3.315

RRSP¹

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	3.480	3.500	3.520	3.540	3.690

RRIF¹
(Minimum deposit: $10,000 per portfolio)

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	3.480	3.500	3.520	3.540	3.690

Laurentian Bank, LBC Trust, Laurentian Trust Company GIC Deposit Rates¹ (%) - as of May 20, 2025

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	1.750	1.750	2.000	2.000	2.500	2.600

Long Term Deposits – GICs

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	3.480	3.500	3.520	3.540	3.690
Semi-Annual	$ 1,000.00	3.230	3.250	3.270	3.290	3.440
Quarterly	$ 1,000.00	3.105	3.125	3.145	3.165	3.315
Monthly	$ 10,000.00	3.105	3.125	3.145	3.165	3.315

RRSP¹

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	3.480	3.500	3.520	3.540	3.690

RRIF¹
(Minimum deposit: $10,000 per portfolio)

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	3.480	3.500	3.520	3.540	3.690

^¹Rates for terms sold through deposit brokers.