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Email this8:10 am
August 9, 2014
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Please note that effective Tuesday, May 6th 2025, we will be increasing the interest rate for Oaken long-term GICs as noted below:
Long-term GICs:
2 Year GIC – 3.70% (previously 3.60%)
5 Year GIC – 3.80% (previously 3.65%)
The new GIC rates will be applied automatically for all corresponding GICs booked on Tuesday, April 29, 2025 or later.
9:07 am
January 12, 2019
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.
Interesting ⬆ ... two new interest rates, going in the '+' direction❗ 
- Dean
" Live Long, Healthy ... And Prosper! "
9:11 am
October 27, 2013
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It is a reflection of the bond market..as it should be. There is an expectation of higher inflation going forward with all these tariff and market constraints.
9:20 am
January 23, 2013
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It went back to old rates - 2y 3.6 5y 3.65. They usually sent email a few days before rate down but not this time.
2:17 pm
January 3, 2009
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Dennis said
It went back to old rates - 2y 3.6 5y 3.65. They usually sent email a few days before rate down but not this time.
Weird, I see their registered GICs are still higher.
Registered GICs (RSP, TFSA, RIF)
Term Rate (%)
1 Year 3.50
18 Months * 3.55
2 Years 3.70
3 Years 3.60
4 Years 3.60
5 Years 3.80
........and after I looked at the registered rates their non-registered went back?!? I saw the lower rates, before that.
Long Term GICs
Term Annual (%) Semi Annual (%) Monthly (%)
1 Year 3.50 3.45 3.40
18 Months 3.55 3.50 3.45
2 Years 3.70 3.65 3.60
3 Years 3.60 3.55 3.50
4 Years 3.60 3.55 3.50
5 Years 3.80 3.75 3.70
.......must be some sort of weird browser cache thing, because when I went in a private browser all rates are lower.
Regardless, I hope this isn't the end of their notifications of rate changes.
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