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EQ Bank 2-5Yr GIC's Reduced Rates
December 22, 2022
12:38 am
cgouimet
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Looks like effective Dec 22 ...

1Yr: 5.00% (No Change)

2Yr: 5.00% -> 4.85%
3Yr: 4.85% -> 4.55%
4Yr: 4.65% -> 4.40%
5Yr: 4.50% -> 4.30%

CGO
December 22, 2022
4:04 am
pwm
Headingley MB
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There's your inverted yield curve right there.

December 22, 2022
4:21 am
cgouimet
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Those looking for lower rates can enjoy them now at EQ instead of waiting till the 28th at Oaken ...

CGO
December 22, 2022
6:12 am
MattS
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cgouimet said
Those looking for lower rates can enjoy them now at EQ instead of waiting till the 28th at Oaken ...  

Basaabanbahahahahahahahahha
That was funny!!

December 22, 2022
6:41 am
savemoresaveoften
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a little topic off topic but I also notice CIBC IE third party GIC rates has been lowering the past 2 weeks, and that includes the 1year.
They were quite competitive up until Tiff hiked and modified his comments re future rate direction

December 22, 2022
6:55 am
AltaRed
BC Interior
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It is the same trend across the discount brokerages. They will all be pretty close, if not identical, because it is the issuers such as Home Trust, that set the rate, not the discount brokerages.

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