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Email this9:33 am
September 30, 2017
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4 yr 2.05%
5 yr 2.25%
… more
9:15 am
September 30, 2017
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2-yr 1.70%, 3-yr 1.90% & 5-yr 2.35% beat current leader on the chart.
1:49 pm
November 7, 2014
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hwyc said
2-yr 1.70%, 3-yr 1.90% & 5-yr 2.35% beat current leader on the chart.
Except that Tandia @ 2.50% for 5 years, Wealth One @ 2.88%, plus various brokers' rates at 2.60% and 2.65% for 5 years, all not on the chart, but beat that rate. 
Just saying.
2:42 pm
September 30, 2017
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True … offerings in 5-yr GIC is currently a crowded space.
3:07 pm
November 7, 2014
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hwyc said
True … offerings in 5-yr GIC is currently a crowded space.
At least the rates appear to be going in the right direction, for our purposes.
7:45 am
September 7, 2018
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gicjunkie said
At least the rates appear to be going in the right direction, for our purposes.
Today CBC news says annual inflation is now 4.4%.
I would say GIC rates/interest rates in general are way out of sync with inflation.
https://www.cbc.ca/news/business/inflation-september-1.6217766
7:54 am
October 21, 2013
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For sure!
I think I may hold off on the GIC I was going to buy this week. I don't usually do that sort of thing (i.e. not follow my plan), but this is an unusual situation. I don't think the discrepancy is sustainable, nor do I see inflation melting away any tie soon of its own accord.
9:28 am
November 7, 2014
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Loonie said
For sure!
I think I may hold off on the GIC I was going to buy this week. I don't usually do that sort of thing (i.e. not follow my plan), but this is an unusual situation. I don't think the discrepancy is sustainable, nor do I see inflation melting away any tie soon of its own accord.
There is an article in the Toronto Star today about inflation, interest rates, etc. The opinion is that rates may rise sooner than when the BoC was originally intending, but, of course, all of this is just speculation. Wait or proceed with investments at one's own peril. Of course, as always, hind sight will be 20-20.
9:20 am
September 30, 2017
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3-yr @ 2.25%
5-yr @ 2.65% 
1:48 pm
September 30, 2017
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1 Year 1.85%
2 Year 2.20%
3 Year 2.45%
4 Year 2.55%
5 Year 2.65%
6:20 pm
September 30, 2017
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Here's Saven keeping pace with the pack ... unlike many others who still haven't move their dial even once for a long time.
1 Year 1.85%
2 Year 2.30%
3 Year 2.55%
4 Year 2.60%
5 Year 2.75%
8:21 am
September 30, 2017
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Outside Ontario don't need to know. Fierce competitions.
1 Year 1.85%
2 Year 2.55%
3 Year 2.75%
4 Year 2.80%
5 Year 2.90%
5:37 pm
September 30, 2017
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1 Year 2.15%
2 Year 2.75%
3 Year 3.05%
4 Year 3.10%
5 Year 3.20%
I think we'll see rates like these very soon on the main chart as well
6:39 pm
September 30, 2017
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1 year 3.45%
2 year 4.00%
3 year 4.15%
4 year 4.20%
5 year 4.20%
... keeping pace with others
7:46 am
April 14, 2022
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We just updated our rates this morning. Saven Financial's new GIC rates are:
1 YR – 3.60%
2 YR – 4.15%
3 YR – 4.30%
4 YR – 4.30%
5 YR – 4.30%
6:26 am
September 30, 2017
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Rate on website today
1 YR – 4.30%
2 YR – 4.75%
3 YR – 4.80%
4 YR – 4.80%
5 YR – 5.05%
The bar to be a leader has been set higher
9:10 am
September 30, 2017
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2 yr GIC now 4.85% (look at chart for other terms)
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