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Oaken Rate Change!
May 8, 2026
7:10 am
GR
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GIC rates increased for 1 yr. (3.35%), 18 mos. (3.45%) and 2 years (3.70%).

https://www.oaken.com/en-ca/gic-rates/

May 8, 2026
7:18 am
cgouimet
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GR said
GIC rates increased for 1 yr. (3.35%), 18 mos. (3.45%) and 2 years (3.70%).

https://www.oaken.com/en-ca/gi.....rates/  

Hmm ... And no email yet ...

CGO
May 8, 2026
7:26 am
cgouimet
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GR said
GIC rates increased for 1 yr. (3.35%), 18 mos. (3.45%) and 2 years (3.70%).

https://www.oaken.com/en-ca/gi.....rates/  

And they still have their short term (< 12 months) with rates lower than their HISA ...

30-59 Days ....... 1.00%
60-89 Days ....... 1.00%
90-119 Days ..... 1.00%
120-179 Days ... 1.00%
180-269 Days ... 2.25%
270-364 Days ... 2.70%

CGO
May 9, 2026
7:16 am
Wrayzor
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cgouimet said

Hmm ... And no email yet ...  

I received an email about two hours after the first post here.

May 9, 2026
8:00 am
cgouimet
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Wrayzor said

I received an email about two hours after the first post here.  

Same here.

Also good to see them continuing their 'tradition' of applying higher rates retroactively...

CGO
May 9, 2026
9:37 am
canadian.100
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cgouimet said

And they still have their short term (< 12 months) with rates lower than their HISA ...

30-59 Days ....... 1.00%
60-89 Days ....... 1.00%
90-119 Days ..... 1.00%
120-179 Days ... 1.00%
180-269 Days ... 2.25%
270-364 Days ... 2.70%  

Oaken is right at the bottom with its short term GIC rates at 1%. Why would anyone buy such? Better rates elsewhere.

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