Term deposits earn higher interest than a regular savings account and can help you make the most of your money within your investment timeline.
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.
- Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA).