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Email this7:14 am
February 7, 2019
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The first change since 2025/09/13!
1 year GIC: 3.00% (currently 3.40%)
18 month GIC: 3.10% (currently 3.45%)
2 year GIC: 3.30% (currently 3.50%)
4 year GIC: 3.65% (currently 3.60%)
Effective 2025/02/13 - Friday!
| CGO |
7:38 am
December 18, 2024
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On lucky February 13th.
9:08 am
January 12, 2019
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.
It is of course, all part of the normal Ebb & Flow of GIC interest rates.
But I did get a Good Chuckle out of the effective date they chose.
LOL 
- Dean
" Live Long, Healthy ... And Prosper! "
11:02 am
December 18, 2024
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cgouimet said
The first change since 2025/09/13!1 year GIC: 3.00% (currently 3.40%)
18 month GIC: 3.10% (currently 3.45%)
2 year GIC: 3.30% (currently 3.50%)
4 year GIC: 3.65% (currently 3.60%)Effective 2025/02/13 - Friday!
Versus as of today.
Not helpful for those on a 3 year ladder.
4:08 pm
November 18, 2017
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Nice of them to let most people get their cash locked in. Not me, alas, I was waiting to combine my new $7K with the maturing one. 
Peter, time to update the charts?
RetirEd
3:15 am
February 7, 2019
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GIC-Fanatic said
Versus as of today.
Not helpful for those on a 3 year ladder.
Not helpful? 3 and 5 years didn't go down ...
| CGO |
7:32 pm
December 18, 2024
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cgouimet said
Not helpful? 3 and 5 years didn't go down ...
lol.. You’re correct. I was looking at the 4 year increase … hoping for an increase on the 3 year. But that would have made the 3 and 4 year rate the same.
But not good for the higher demand for RRSP and TFSA season?
12:10 am
February 7, 2019
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GIC-Fanatic said
lol.. You’re correct. I was looking at the 4 year increase … hoping for an increase on the 3 year. But that would have made the 3 and 4 year rate the same.
But not good for the higher demand for RRSP and TFSA season?
Their 4Yr increase almost an anomaly. I'm guessing their loan portfolio has been leaning more heavily than they want to short term and are hoping to shift it to longer term.
| CGO |
4:57 am
January 9, 2011
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Just noticed that Oaken has increased their 1 year rate from 3.0% to 3.2%, and their 2 year rate from 3.3% to 3.4%. Longer term rates are unchanged.
My memory's not as sharp as it used to be. Also, my memory's not as
sharp as it used to be.
5:31 am
February 7, 2019
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dougjp said
Just noticed that Oaken has increased their 1 year rate from 3.0% to 3.2%, and their 2 year rate from 3.3% to 3.4%. Longer term rates are unchanged.
And no email from Oaken about it.
On a separate note, I wish their 3/6/9-Mo rates were better than their Daily HISA rate ...
| CGO |
8:21 am
March 6, 2026
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People’s has been the same too. Their 30 day GIC rate “was” higher than HISA as well.
8:42 am
February 7, 2019
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Gilker said
People’s has been the same too. Their 30 day GIC rate “was” higher than HISA as well.
yes but at least PT's 3/6/9-Mo @ 1.9/2.3/2.5% is better than their 1.2% HISA ...
| CGO |
10:13 am
August 4, 2010
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cgouimet said
And no email from Oaken about it.
Actually, I received an email from Oaken about this today:
Please note that effective Thursday, March 26th, 2026, we will be updating the interest rate for the following Oaken GICs:
Long Term GICs:
1 year GIC: 3.20% (currently 3.00%)
18 month GIC: 3.30% (currently 3.10%)
2 year GIC: 3.40% (currently 3.30%)
The new GIC rates will be applied automatically for all corresponding GICs booked on Thursday, March 19, 2026 or later
All other Oaken rates will remain unchanged.
10:16 am
February 7, 2019
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NorthernRaven said
Actually, I received an email from Oaken about this today:
Please note that effective Thursday, March 26th, 2026, we will be updating the interest rate for the following Oaken GICs:
Long Term GICs:
1 year GIC: 3.20% (currently 3.00%)
18 month GIC: 3.30% (currently 3.10%)
2 year GIC: 3.40% (currently 3.30%)
The new GIC rates will be applied automatically for all corresponding GICs booked on Thursday, March 19, 2026 or later
All other Oaken rates will remain unchanged.
Email received @ 1:04PM...
| CGO |
10:49 am
September 30, 2017
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Oaken is not the only one today … EQ too, new rates effective today
7:57 am
January 9, 2011
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Another change effective today (but applied retroactive to April 8), advised by e-mail:
Long Term GICs:
1 year GIC: 3.25% (previously 3.20%)
18 month GIC: 3.35% (previously 3.30%)
2 year GIC: 3.60% (previously 3.40%)
3 year GIC: 3.70% (previously 3.60%)
4 year GIC: 3.80% (previously 3.65%)
5 year GIC: 4.00% (previously 3.80%)
I have to say Oaken impresses me with (a) actually advising rate changes both up and down by e-mail, usually (most others can't be bothered doing it at all), and (b) applying rate increases retroactively for a week when rates rise, but don't when they fall. Little things sometimes make a difference.
My memory's not as sharp as it used to be. Also, my memory's not as
sharp as it used to be.
9:16 am
March 6, 2026
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Nice!
Does any one know if Oaken is still sending reminder letters by Canada Post for upcoming RRIF maturities? If yes, how much in advance…week or month or?
Thanks.
10:34 am
February 7, 2019
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dougjp said
Another change effective today (but applied retroactive to April 8), advised by e-mail:Long Term GICs:
1 year GIC: 3.25% (previously 3.20%)
18 month GIC: 3.35% (previously 3.30%)
2 year GIC: 3.60% (previously 3.40%)
3 year GIC: 3.70% (previously 3.60%)
4 year GIC: 3.80% (previously 3.65%)
5 year GIC: 4.00% (previously 3.80%)
Same rates as EQB....
| CGO |
12:55 pm
January 9, 2011
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cgouimet said
dougjp said
Another change effective today (but applied retroactive to April 8), advised by e-mail:Long Term GICs:
1 year GIC: 3.25% (previously 3.20%)
18 month GIC: 3.35% (previously 3.30%)
2 year GIC: 3.60% (previously 3.40%)
3 year GIC: 3.70% (previously 3.60%)
4 year GIC: 3.80% (previously 3.65%)
5 year GIC: 4.00% (previously 3.80%)Same rates as EQB....
I only look at EQ for TFSA GICs, as they still have no joint GICs after all these years. I find that omission to be bizarre, when they do have successor holder for TFSA, plus with non registered GICs, EQ have complete control as they are locked in and can only mature into the EQ account. Not even pre arranged renewal instructions are allowed, you have to be around on maturity date and go through the buying process!
My memory's not as sharp as it used to be. Also, my memory's not as
sharp as it used to be.
12:46 am
February 7, 2019
Offline
dougjp said
I only look at EQ for TFSA GICs, as they still have no joint GICs after all these years. I find that omission to be bizarre, when they do have successor holder for TFSA, plus with non registered GICs, EQ have complete control as they are locked in and can only mature into the EQ account. Not even pre arranged renewal instructions are allowed, you have to be around on maturity date and go through the buying process!
EQB is a puzzle to me too. I only keep our accounts open with a few $ just in case they decide to offer joint GIC's.
| CGO |
