GIC Rates

B2B Bank GIC Deposit Rates.
Laurentian Bank GIC Deposit Rates

B2B Bank GIC Deposit Rates (%) - as of March 28, 2017

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 1.210 1.460 1.600 1.800 1.950
Semi-Annual $1,000 0.960 1.210 1.350 1.550 1.700
Quarterly $1,000 0.835 1.085 1.225 1.425 1.575
Monthly $10,000 0.835 1.085 1.225 1.425 1.575

RRSP

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $1,000 1.210 1.460 1.600 1.800 1.950

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

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $1,000 1.210 1.460 1.600 1.800 1.950

Laurentian Bank GIC Deposit Rates¹ (%) - as of March 28, 2017

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 1.210 1.460 1.600 1.800 1.950
Semi-Annual $1,000 0.960 1.210 1.350 1.550 1.700
Quarterly $1,000 0.835 1.085 1.225 1.425 1.575
Monthly $10,000 0.835 1.085 1.225 1.425 1.575

RRSP

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $1,000 1.210 1.460 1.600 1.800 1.950

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

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Compounded Annually $1,000 1.210 1.460 1.600 1.800 1.950

¹ Rates for terms sold through deposit brokers.