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July 12, 2016
1:06 am
Forum Posts: 1
Member Since:
July 11, 2016
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Does anyone know that if you got the 2.75% from Oaken before they changed would it remain or change to the lower rate? They announced the rate change as of July 11.

July 12, 2016
3:57 am
Forum Posts: 273
Member Since:
February 24, 2015
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The 2.75% rate was GICs (G as in 'Guaranteed'). So the rate will not change (is guaranteed until maturity) after you buy a GIC. And by the way, the 5 year rate is still 2.75%, including TFSAs.

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