GIC Rates

B2B Bank GIC Deposit Rates (%) - as of December 11, 2018

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 0.350 0.400 0.450 0.500 0.600 0.650

Long Term Deposits – GICs

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 2.730 3.080 3.200 3.260 3.350
Semi-Annual $ 1,000.00 2.480 2.830 2.950 3.010 3.100
Quarterly $ 1,000.00 2.355 2.705 2.825 2.885 2.975
Monthly $ 10,000.00 2.355 2.705 2.825 2.885 2.975

RRSP

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 2.730 3.080 3.200 3.260 3.350

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 2.730 3.080 3.200 3.260 3.350

Laurentian Bank GIC Deposit Rates¹ (%) - as of December 11, 2018

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 0.350 0.400 0.450 0.500 0.600 0.650

Long Term Deposits – GICs

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 2.730 3.080 3.200 3.260 3.350
Semi-Annual $ 1,000.00 2.480 2.830 2.950 3.010 3.100
Quarterly $ 1,000.00 2.355 2.705 2.825 2.885 2.975
Monthly $ 10,000.00 2.355 2.705 2.825 2.885 2.975

RRSP

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 2.730 3.080 3.200 3.260 3.350

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 2.730 3.080 3.200 3.260 3.350

¹Rates for terms sold through deposit brokers.