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GIC Rates
Monday July 15, 2019 09:31:19 AM GIC Long Term GIC Short Term GIC Minimum

This page is for information only. To place a trade on any one of the below listed GICs, please contact the TD Direct Investing Fixed Income desk at 1-888-983-2663 or 416-229-9936.


Long Term GICs


GIC Market Hours of Operation: 9:00AM - 4:00PM ET

Cut-off times for Early GIC Redemption requests:
Requests received before 2 p.m. ET - processed same day if approved.
Requests received after 2 p.m. ET - processed the following day if approved.

GICs cannot be sold prior to maturity, except the following:

  • TD 1 Year Cashable (CAD and US Dollar)
  • TD 3 Year Premium Rate Cashable GIC (Note: interest claw back will be applied)
  • 5 Year Stepper (on anniversary date ONLY)

For RIF Payments involving Flexi-GICs, RIF Department approval is required before sell requests can be processed.

Note: CDIC (basic deposit insurance coverage) applies to term deposits repayable no later than five years from the date of deposit


1 Year GIC's
  Monthly Semi-Annual Annual Compound Annual
Issuer Symbol rate Symbol rate Symbol rate Symbol rate
TD BankTD1M2.150TD1S2.150TD1A2.150n/an/a
TD $U.S. GICn/an/an/an/aTDMUA0.350n/an/a
Bank of Nova ScotiaBNS1M1.955BNS1S2.005BNS1A2.080n/an/a
Bank of MontrealBOM1M2.010BOM1S2.060BOM1A2.160n/an/a
B2B BankB2B1M1.575B2B1S1.700B2B1A1.950n/an/a
Canadian Tire BankCDT1M1.700CDT1S1.800CDT1A1.900n/an/a
Canadian Western BankCWB1M1.750n/an/aCWB1A2.000n/an/a
Equitable BankEQB1M2.080EQB1S2.130EQB1A2.170n/an/a
HomEquity BankHEB1M1.760HEB1S1.810HEB1A1.850n/an/a
HSBC Trust CompanyHSBM1.900n/an/aHSB1A2.150n/an/a
Laurentian Bank of CanadaLBA1M1.575LBA1S1.700LBA1A1.950n/an/a
Manulife BankML1M1.800ML1S1.850ML1A1.900n/an/a
Royal Bank of CanadaRBC1M2.035RBC1S2.035RBC1A2.160n/an/a

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2 Year GIC's
  Monthly Semi-Annual Annual Compound Annual
Issuer Symbol rate Symbol rate Symbol rate Symbol rate
TD BankTDM2M2.100TDM2S2.100TDM2A2.100TDM2C2.100
TD $U.S. GICn/an/an/an/aTDMUA0.450n/an/a
Bank of Nova ScotiaBNS2M2.055BNS2S2.105BNS2A2.180BNS2C2.180
Bank of MontrealBOM2M2.030BOM2S2.080BOM2A2.180BOM2C2.180
B2B BankB2B2M1.675B2B2S1.800B2B2A2.050B2B2C2.050
Canadian Tire BankCDT2M1.750CDT2S1.850CDT2A1.950CDT2C1.950
Canadian Western BankCWB2M1.760n/an/aCWB2A2.010CWB2C2.010
Equitable BankEQB2M2.120EQB2S2.170EQB2A2.210EQB2C2.210
HomEquity BankHEB2M1.900HEB2S1.950HEB2A1.990HEB2C1.990
HSBC Trust CompanyHSB2M1.920n/an/aHSB2A2.170HSB2C2.170
Laurentian Bank of CanadaLBA2M1.675LBA2S1.800LBA2A2.050LBA2C2.050
Manulife BankML2M1.910ML2S1.960ML2A2.010ML2C2.010
Royal Bank of CanadaRBC2M2.055RBC2S2.055RBC2A2.180RBC2C2.180

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3 Year GIC's
  Monthly Semi-Annual Annual Compound Annual
Issuer Symbol rate Symbol rate Symbol rate Symbol rate
TD BankTDM3M1.800TDM3S1.800TDM3A1.800TDM3C1.800
TD $U.S. GICn/an/an/an/aTDMUA0.500n/an/a
Bank of Nova ScotiaBNS3M2.085BNS3S2.135BNS3A2.210BNS3C2.210
Bank of MontrealBOM3M2.060BOM3S2.110BOM3A2.210BOM3C2.210
B2B BankB2B3M1.695B2B3S1.820B2B3A2.070B2B3C2.070
Canadian Tire BankCDT3M1.800CDT3S1.900CDT3A2.000CDT3C2.000
Canadian Western BankCWB3M1.780n/an/aCWB3A2.030CWB3C2.030
Equitable BankEQB3M2.140EQB3S2.190EQB3A2.230EQB3C2.230
HomEquity BankHEB3M1.960HEB3S2.010HEB3A2.050HEB3C2.050
HSBC Trust CompanyHSB3M1.950n/an/aHSB3A2.200HSB3C2.200
Laurentian Bank of CanadaLBA3M1.695LBA3S1.820LBA3A2.070LBA3C2.070
Manulife BankML3M1.950ML3S2.000ML3A2.050ML3C2.050
Royal Bank of CanadaRBC3M2.085RBC3S2.085RBC3A2.210RBC3C2.210

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4 Year GIC's
  Monthly Semi-Annual Annual Compound Annual
Issuer Symbol rate Symbol rate Symbol rate Symbol rate
TD BankTD4M1.800TD4S1.800TD4A1.800TD4C1.800
TD $U.S. GICn/an/an/an/aTDMUA0.700n/an/a
Bank of Nova ScotiaBNS4M2.155BNS4S2.205BNS4A2.280BNS4C2.280
Bank of MontrealBOM4M2.130BOM4S2.180BOM4A2.280BOM4C2.280
B2B BankB2B4M1.725B2B4S1.850B2B4A2.100B2B4C2.100
Canadian Tire BankCDT4M1.850CDT4S1.950CDT4A2.050CDT4C2.050
Canadian Western BankCWB4M1.800n/an/aCWB4A2.050CWB4C2.050
Equitable BankEQB4M2.200EQB4S2.250EQB4A2.290EQB4C2.290
HomEquity BankHEB4M1.990HEB4S2.040HEB4A2.080HEB4C2.080
HSBC Trust CompanyHSB4M2.030n/an/aHSB4A2.280HSB4C2.280
Laurentian Bank of CanadaLBA4M1.725LBA4S1.850LBA4A2.100LBA4C2.100
Manulife BankML4M2.000ML4S2.050ML4A2.100ML4C2.100
Royal Bank of CanadaRBC4M2.065RBC4S2.155RBC4A2.280RBC4C2.280

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5 Year GIC's
  Monthly Semi-Annual Annual Compound Annual
Issuer Symbol rate Symbol rate Symbol rate Symbol rate
TD BankTD5M1.880TD5S1.880TD5A1.880TD5C1.880
TD $U.S. GICn/an/an/an/aTDMUA1.000n/an/a
Bank of Nova ScotiaBNS5M2.205BNS5S2.255BNS5A2.330BNS5C2.330
Bank of MontrealBOM5M2.180BOM5S2.230BOM5A2.330BOM5C2.330
B2B BankB2B5M1.775B2B5S1.900B2B5A2.150B2B5C2.150
Canadian Tire BankCDT5M2.160CDT5S2.260CDT5A2.360CDT5C2.360
Canadian Western BankCWB5M1.820n/an/aCWB5A2.070CWB5C2.070
Equitable BankEQB5M2.270EQB5S2.320EQB5A2.360EQB5C2.360
HomEquity BankHEB5M2.280HEB5S2.330HEB5A2.370HEB5C2.370
HSBC Trust CompanyHSB5M2.080n/an/aHSB5A2.330HSB5C2.330
Laurentian Bank of CanadaLBA5M1.775LBA5S1.900LBA5A2.150LBA5C2.150
Manulife BankML5M2.080ML5S2.130ML5A2.180ML5C2.180
Royal Bank of CanadaRBC5M2.205RBC5S2.205RBC5A2.330RBC5C2.330

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6, 7, 10 Year GIC's
  Monthly Semi-Annual Annual Compound Annual
Issuer Symbol rate Symbol rate Symbol rate Symbol rate
Bank of MontrealBOM6M2.200BOM6S2.250BOM6A2.350BOM6C2.350
Bank of MontrealBOM7M2.250BOM7S2.300BOM7A2.400BOM7C2.400
Bank of MontrealBO10M2.300BO10S2.350BO10A2.450BO10C2.450


Short Term GICs top


Issuer Symbol 30-59 days 60-89 days 90-119 days 120-179 days 180-269 days 270-364 days Minimum
TD BankTDM1.6201.6501.7001.7202.0002.050$5,000.00
TD $U.S. GICTDUBE0.5500.6500.7500.8000.8000.800$5,000.00
TD $U.S. GICTDUCE0.6000.7000.8000.8500.8500.850$25,000.00
TD $U.S. GICTDUDE0.6500.8000.8500.9000.9000.900$100,000.00


GIC Minimums top


Issuer Monthly Semi-Annual Annual Compound Annual
TD Bankn/an/a$1,000.00$1,000.00
TD Mortgage Corp$5,000.00$1,000.00$1,000.00$1,000.00
TD Pacific Mtg Corp$5,000.00$1,000.00$1,000.00$1,000.00
Canada Trust Company$5,000.00$1,000.00$1,000.00$1,000.00
Bank of Nova Scotia$5,000.00$1,000.00$1,000.00$1,000.00
Bank of Montreal$1,000.00$1,000.00$1,000.00$1,000.00
B2B Bank$10,000.00$1,000.00$1,000.00$1,000.00
Canadian Tire Bank$5,000.00$5,000.00$5,000.00$5,000.00
Canadian Western Bank$5,000.00$5,000.00$5,000.00$5,000.00
Equitable Bank$5,000.00$5,000.00$5,000.00$5,000.00
HomEquity Bank$5,000.00$5,000.00$5,000.00$5,000.00
HSBC Trust Company$5,000.00n/a$5,000.00$5,000.00
Laurentian Bank of Canada$10,000.00$1,000.00$1,000.00$1,000.00
Manulife Bank$10,000.00$2,500.00$2,500.00$2,500.00
Royal Bank of Canada$5,000.00$5,000.00$5,000.00$5,000.00

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