Guaranteed Investment Certificates (GICs)

Guaranteed Investment Certificates (GICs) are a secure investment that guarantees 100% of your original investment, while earning interest at a fixed or variable rate of return for the term of your investments.  You can purchase GICs with either cashable or non-cashable terms.

Cashable GIC can be a great investment for short and long-term goals, like saving for a major purchase, wedding costs, or retirement. You get the guaranteed rate of return for the period of your term, and you can get access to your funds at prescribed early cashing rates.

GIC Products
Non-Cashable GIC cannot be cashed in before the maturity date. Your funds are locked-in for a specific term. Generally, these investments yield a higher return than a cashable GIC, therefore they can be a great option if you can lock in your funds for a period of time.

Benefits of a GIC


Safe and Secure

Invest with peace of mind knowing that your original investment is guaranteed.  GICs are protected by the Canada Deposit Insurance Corporation, a federal crown corporation that protects eligible deposits at member financial institutions to a maximum of $100,000 per insured category. Coverage is free and automatic.  To be eligible for CDIC insurance, deposits must be payable in Canada, and in Canadian currency. Generally, this means if it is recorded at a branch or office of a CDIC member institution in Canada, it is eligible for CDIC coverage.  Additional information about the CDIC can be found here

Flexible Terms and Payment Options

Choose from a variety of investment terms and interest payment frequencies that suits your needs.

Competitive Rates

GICs are provided by Security Financial Deposit Group via Deposit Broker Services, with 32 Financial Institutions offering competitive rates. Please visit our rates section to get started.