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Lower GIC Rates
April 3, 2019
11:20 am
GR
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GIC rates will be down tomorrow, April 4, 2019.

April 3, 2019
12:16 pm
toto
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Finally timed something right, I got their good rates and cash back promo just a week ago.

April 4, 2019
1:04 pm
Vatox
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April 24, 2019
7:15 pm
Vatox
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I am happy to see W1 at the top of the GIC Chart.sf-smile

April 24, 2019
9:19 pm
Loonie
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Vatox said
I am happy to see W1 at the top of the GIC Chart.sf-smile  

Sometimes i think interest rates are like a game of snakes and ladders. Nobody stays at the top for very long.

April 24, 2019
10:50 pm
Vatox
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Loonie said

Sometimes i think interest rates are like a game of snakes and ladders. Nobody stays at the top for very long.  

Yes, I need to grab it and while it’s hot! sf-wink

April 25, 2019
7:39 am
GR
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GIC rates are down today:

Guaranteed Investments - Non-Redeemable (Personal Only)
6 Months 2.40%
1 Year 2.70%
18 Months 2.75%
2 Years 2.80%
3 Years 2.90%
4 Years 3.00%
5 Years 3.10%

May 27, 2019
6:36 am
GR
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Decreasing all GIC rates. New rates will range from 2.65% for 1 year to 2.85% for 5 years.

May 27, 2019
7:33 am
Doug
British Columbia, Canada
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GR said
Decreasing all GIC rates. New rates will range from 2.65% for 1 year to 2.85% for 5 years.  

That's still reasonable. They held out a long time as a top tier direct-to-consumer GIC producer and likely don't need the funds. They only need as many deposits to fund their mortgages; too many excess deposits are just added cost.

Their rates are likely still enough for depositors looking to renew.

Cheers,
Doug

May 27, 2019
1:57 pm
Bud
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2.85@5yrs is a rip off

July 2, 2019
1:44 pm
GR
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Wealth One jumps on the down elevator.

6 mos. 2.35% p.a.
1 yr 2.45
18 mos 2.47
2 yrs 2.50
3 yrs 2.55
4 yrs 2.60
5 yrs 2.65

3 yr escalator GIC (non-registered & registered) still 2.20 yr 1; 3.20 yr 2; 4.20 yr 3.

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