Here are the best Guaranteed Investment Certificates (GICs) in Canada to help maximize your investment for a guaranteed rate of return.
Historical GIC rates in Canada
These are the historical GIC rates in Canada for the 1-year and 5-year non-registered GICs.
What is a GIC?
A GIC or Guaranteed Investment Certificate is a investment that provides a guaranteed rate of return making it a great low-risk investment used by investors to diversify their portfolios.
How much will I earn with a GIC in Canada?
Your total return on a GIC is based on the interest rate that the GIC pays in addition to the period of time that it is invested for. Other factors such as compounding returns determine how much you will earn with a GIC. You can use a GIC calculator to see the growth of your investment over time.