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GIC rates increase
May 7, 2018
11:32 pm
Vatox
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The GIC rates are higher now. I like the 2 year at 2.95%

The 1 year is a nugget too at 2.76%

May 8, 2018
8:33 am
Vatox
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EQ not updating on GIC Chart!

May 8, 2018
8:41 am
Peter
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Thanks for pointing that out! I've fixed it now.

July 4, 2018
9:43 am
JenE
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I’ve just seen that EQ are offering a 3 month GIC at 2.35%.

July 11, 2018
10:45 pm
Vatox
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JenE said
I’ve just seen that EQ are offering a 3 month GIC at 2.35%.  

lol, no point when savings rate is 2.3 and with the BOC hike it may even go higher.

August 3, 2018
9:39 am
Vatox
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Mmmm.. EQ is now top for GICs, except the 2 year.

August 3, 2018
11:24 am
Loonie
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Vatox said
Mmmm.. EQ is now top for GICs, except the 2 year.  

In addition, EQ's 1-year rate is now exceeded by Hubert's at 2.85% average rate..

I believe Vatox is referring to these current rates:

3, 6, 9 months 2.35%
1 year 2.80%
15 months 2.90% (interest compounded and paid at maturity)
2 year 3.01%
27 months 3.05% (interest compounded and paid at maturity)
3 year 3.25%
4 year 3.30%
5 year 3.52%

August 6, 2018
5:57 pm
geoboo04
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Also, the 5 year GIC is 3.75% with Meridian.sf-surprised

August 7, 2018
2:22 am
Loonie
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geoboo04 said
Also, the 5 year GIC is 3.75% with Meridian.sf-surprised  

but only for "new money".

September 26, 2018
1:13 pm
Vatox
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Mmmmmm... 1 year gic now 2.91%.

October 31, 2018
9:13 am
gamgam
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Received email today:

To help our clients reach their savings goals faster, we're excited to offer a special high interest rate of 3.00%* on a 15 month GIC.

November 6, 2018
11:10 pm
Vatox
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The gic rates 1-5 for EQ are unchanged, but I did notice it's not updated on the day for EQ. Meridian is stalled way behind too.

November 7, 2018
5:58 am
Peter
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Vatox said
The gic rates 1-5 for EQ are unchanged, but I did notice it's not updated on the day for EQ. Meridian is stalled way behind too.  

Thanks for the heads up. I've updated the script that generates the GIC chart now. I reached out to Meridian because their site only shows a promo 3-year rate for non-registered investments and am waiting for them to update their site.

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