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Email this1:44 pm
September 24, 2019
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Oaken is lowering their 2 year GIC rate effective 20Jan2023 to 5% from 5.25%
3:16 pm
March 15, 2019
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Alexandra said
Oaken is lowering their 2 year GIC rate effective 20Jan2023 to 5% from 5.25%
Yes, its the inverted/flat yield curve. Maybe rates have peaked?
5:27 am
November 18, 2017
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The HISA chart is still showing Oaken at 5.25%. Time to update?
Peoples is still showing 5.3% for 2-year GICs. And much easier to deal with than Oaken lately.
RetirEd
RetirEd
6:19 am
March 30, 2017
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RetirEd said
The HISA chart is still showing Oaken at 5.25%. Time to update?Peoples is still showing 5.3% for 2-year GICs. And much easier to deal with than Oaken lately.
RetirEd
The Oaken change takes into effect Jan20
9:58 am
January 12, 2019
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- That ⬆
Six days to go. 
- Dean
" Live Long, Healthy ... And Prosper! "
4:58 am
September 30, 2017
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Without notice, 18 months rate changed as well 
6:30 am
March 15, 2019
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hwyc said
Without notice, 18 months rate changed as well
Definitely an inverted/flat yield curve. Seen this at a couple of other institutions as well. They don't want to go long on their GIC's. Guess the assumption is that rates will drop.
6:33 am
December 18, 2018
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They did send an email this morning about this. It's a special promotion for Chinese new year and is available until February 2nd. It will then revert back to 5.25%
6:37 am
February 7, 2019
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hwyc said
Without notice, 18 months rate changed as well
They don't usually give advance notice of increases in rates but they usually apply the higher rates to GIC's opened for 7 days prior to the incease although not in this case it seems ...
| CGO |
6:47 am
March 30, 2017
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cgouimet said
They don't usually give advance notice of increases in rates but they usually apply the higher rates to GIC's opened for 7 days prior to the incease although not in this case it seems ...
I think they will still honor the 7 days window if someone calls them to match. If they deny and says its a special promo and not apply blah blah, its weak.
8:49 pm
April 6, 2013
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chamnic said
They did send an email this morning about this. It's a special promotion for Chinese new year and is available until February 2nd. It will then revert back to 5.25%
This is the Lunar New Year promotion's page for the special 5.39% 18-month GIC:
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