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Term Deposits

Term deposits provide a range of options for your investment needs.
Woman finishing a marathon race, hands raised in celebration.

Term Deposits

Term deposits provide a range of options for your investment needs.

Investments

55 Month Term

1.45

Investments

30 Month Term

1.20

Investments

18 Month Term

0.80

 

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Term Deposits

Term deposits earn higher interest than a regular savings account and can help you make the most of your money within your investment timeline.

Key Information

  • Flexibility of short and long terms ranging from 32 days to 5 years.
  • Both your original investment and interest payments are guaranteed.
  • Include term deposits in registered investments like RRSPs, RRIFs or TFSAs, or in non-registered investments.
  • Non-redeemable and redeemable options available.
  • Deposit Insured through FSRA.

 

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Rate Builder Term Deposits

A Rate Builder term deposit features an interest rate that increases each year over the length of the investment term.

Key Information

  • Choose from a 3 or 5 year term.
  • Earn more interest than a traditional 3 or 5 year term deposit.
  • A safe investment option as both your original investment and interest payments are guaranteed.
  • No early redemptions allowed.
  • Deposit Insured through FSRA.

 

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Index Linked Term Deposits

A safe, secure way of expanding your investment range. These term deposits are linked to the performance of the S&P/TSX 60 Index but your principal investment amount is guaranteed.

Key Information

  • Potential to earn a higher return than the interest paid on a standard term deposit.
  • Your principal investment is guaranteed.
  • Unlike other term deposits, there is no guaranteed return on this product. Depending on the performance of the stocks comprising the S&P/TSX 60 Index over the term, it is possible that, at maturity, the investor will receive only their principal back.
  • Choose from a 3 year or 5 year term.
  • Minimum investment amount is $1,000.00.
  • 75% participation rate on 3 year investment.
  • 125% participation rate on 5 year investment.

 

Our Rates

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