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Email this9:19 am
September 24, 2019
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Effective 13September2025, Oaken's new GIC rates:
1Yr 3.4% down from 3.5%
18 Mo 3.45% down from 3.55%
2Yr 3.5% down from 3.7%
All other rates will remain the same.
10:13 am
January 9, 2011
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With almost certain US and Cdn. rate announcements in a week (especially after adding on today's US PPI announcement, I hope Oaken has responded and is done with/will stick to these rates for awhile. Also, IF they change HISA, I hope its only 10 bp.
My memory's not as sharp as it used to be. Also, my memory's not as
sharp as it used to be.
10:25 am
January 12, 2019
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Alexandra said
Effective 13September2025, Oaken's new GIC rates:1Yr 3.4% down from 3.5%
18 Mo 3.45% down from 3.55%
2Yr 3.5% down from 3.7%All other rates will remain the same.
Yup ... I got that ⬆️ email this morning.
No surprises there. You can read into it what you want ... but for the most part, it's all about the normal Ebb & Flow of GIC rates.
Stay tuned for more changes, 'As The Stomach Turns'. 
- Dean
" Live Long, Healthy ... And Prosper! "
11:39 am
April 6, 2013
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I agree. Home Trust is a lender, not a hedge fund.
If the rate on their one-year GIC's is bringing in money faster than they can lend it out through their one-year loans, then they will trim the rates on their one-year GIC's.
12:58 pm
October 27, 2013
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I am speculating Oaken and EQ Bank will be very close to each other in their offerings more often than not, one year loan demand excepted (as posted by Norman1). I believe they each are their own closest competitors in the marketplace.
5:11 pm
November 18, 2017
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Whew! I just got off the phone with Oaken, signing up for a new 3.7% 2-year. My previous GIC comes due tomorrow.
RetirEd
7:12 am
June 9, 2022
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RetirEd said
Whew! I just got off the phone with Oaken, signing up for a new 3.7% 2-year. My previous GIC comes due tomorrow.
I didn't know that you could get a better rate by calling in. Do you remember if they offered a better rate for a 1 year GIC?
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