Term Deposit Rates

Government – guaranteed peace of mind

Your deposits and investments are automatically insured by the Financial Services Regulatory Authority (FSRA) up to $250,000 (more than the banks!) if they are held outside a registered plan and coverage is unlimited if the investment is registered (RRSP, RRIF, RESP or TFSA).

FSRA is an agency of the Government of Ontario which provides deposit insurance protection for the members of all Ontario credit unions and caisses populaires.


GIC rates 

6 months    1.30% 

1 year         2.00%

2 year         2.50%

3 year         2.70%

4 year         2.75%

5 year.        3.00 %


Near Prime Conforming

1 year fixed – starting at 5.49%

2 year fixed – starting at 5.59%

3 year fixed – starting at 5.69%


Near Prime Non-Conforming

1 year fixed – starting at 5.94%

2 year fixed – starting at 6.09%


Prime Conventional

1 year fixed – starting at 5.19%

2 year fixed – starting at 5.29%

3 year fixed – starting at 5.39%

5 year fixed – starting at 5.49%