 Friday, April 26, 2024 |
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| Guaranteed Interest Account (GIA) Interest Rates |
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| Interest rates in effect on April 26, 2024
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| Last rate change on April 22, 2024 |
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| Compound interest GIA (%)
(For all plans)
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| Amount invested ($) | 1 yr | 2 yrs | 3 yrs | 4 yrs | 5 yrs | 6 yrs | 7 yrs | 8 yrs | 9 yrs | 10 yrs |
| 400 to 9,999 | 4.40 | 4.20 | 4.05 | 4.00 | 4.00 | 3.80 | 3.85 | 3.90 | 3.95 | 4.00 |
| 10,000 to 24,999 | 4.45 | 4.25 | 4.10 | 4.05 | 4.05 | 3.85 | 3.90 | 3.95 | 4.00 | 4.05 |
| 25,000 to 49,999 | 4.45 | 4.25 | 4.10 | 4.05 | 4.05 | 3.85 | 3.90 | 3.95 | 4.00 | 4.05 |
| 50,000 to 99,999 | 4.50 | 4.30 | 4.15 | 4.10 | 4.10 | 3.90 | 3.95 | 4.00 | 4.05 | 4.10 |
| 100,000 to 249,999 | 4.55 | 4.35 | 4.20 | 4.15 | 4.15 | 3.95 | 4.00 | 4.05 | 4.10 | 4.15 |
| 250,000 and over | 4.55 | 4.35 | 4.20 | 4.15 | 4.15 | 3.95 | 4.00 | 4.05 | 4.10 | 4.15 |
| Compound interest GIA (%)
(RRSP, Locked-in RRSP, NRSP, TFSA, IPP)
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| Amount invested ($) | 1 yr | 2 yrs | 3 yrs | 4 yrs | 5 yrs | 6 yrs | 7 yrs | 8 yrs | 9 yrs | 10 yrs |
| 400 to 9,999 | 4.15 | 3.95 | 3.80 | 3.75 | 3.75 | 3.55 | 3.60 | 3.65 | 3.70 | 3.75 |
| 10,000 to 24,999 | 4.20 | 4.00 | 3.85 | 3.80 | 3.80 | 3.60 | 3.65 | 3.70 | 3.75 | 3.80 |
| 25,000 to 49,999 | 4.20 | 4.00 | 3.85 | 3.80 | 3.80 | 3.60 | 3.65 | 3.70 | 3.75 | 3.80 |
| 50,000 to 99,999 | 4.25 | 4.05 | 3.90 | 3.85 | 3.85 | 3.65 | 3.70 | 3.75 | 3.80 | 3.85 |
| 100,000 to 249,999 | 4.30 | 4.10 | 3.95 | 3.90 | 3.90 | 3.70 | 3.75 | 3.80 | 3.85 | 3.90 |
| 250,000 and over | 4.30 | 4.10 | 3.95 | 3.90 | 3.90 | 3.70 | 3.75 | 3.80 | 3.85 | 3.90 |
| Compound interest GIA – OPTION 1 (%)
(RRIF and Locked-in RRIF)
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| Amount invested ($) | 1 yr | 2 yrs | 3 yrs | 4 yrs | 5 yrs | 6 yrs | 7 yrs | 8 yrs | 9 yrs | 10 yrs |
| 400 to 9,999 | 4.15 | 3.95 | 3.80 | 3.75 | 3.75 | 3.55 | 3.60 | 3.65 | 3.70 | 3.75 |
| 10,000 to 24,999 | 4.20 | 4.00 | 3.85 | 3.80 | 3.80 | 3.60 | 3.65 | 3.70 | 3.75 | 3.80 |
| 25,000 to 49,999 | 4.20 | 4.00 | 3.85 | 3.80 | 3.80 | 3.60 | 3.65 | 3.70 | 3.75 | 3.80 |
| 50,000 to 99,999 | 4.25 | 4.05 | 3.90 | 3.85 | 3.85 | 3.65 | 3.70 | 3.75 | 3.80 | 3.85 |
| 100,000 to 249,999 | 4.30 | 4.10 | 3.95 | 3.90 | 3.90 | 3.70 | 3.75 | 3.80 | 3.85 | 3.90 |
| 250,000 and over | 4.30 | 4.10 | 3.95 | 3.90 | 3.90 | 3.70 | 3.75 | 3.80 | 3.85 | 3.90 |
| Option 1 allows for redemptions totalling up to 20% of the market value of redeemable GIAs at no charge. |
| Compound interest GIA – OPTION 2 (%)
(RRIF and Locked-in RRIF)
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| Amount invested ($) | 1 yr | 2 yrs | 3 yrs | 4 yrs | 5 yrs | 6 yrs | 7 yrs | 8 yrs | 9 yrs | 10 yrs |
| 400 to 9,999 | 4.15 | 3.95 | 3.80 | 3.75 | 3.75 | 3.55 | 3.60 | 3.65 | 3.70 | 3.75 |
| 10,000 to 24,999 | 4.20 | 4.00 | 3.85 | 3.80 | 3.80 | 3.60 | 3.65 | 3.70 | 3.75 | 3.80 |
| 25,000 to 49,999 | 4.20 | 4.00 | 3.85 | 3.80 | 3.80 | 3.60 | 3.65 | 3.70 | 3.75 | 3.80 |
| 50,000 to 99,999 | 4.25 | 4.05 | 3.90 | 3.85 | 3.85 | 3.65 | 3.70 | 3.75 | 3.80 | 3.85 |
| 100,000 to 249,999 | 4.30 | 4.10 | 3.95 | 3.90 | 3.90 | 3.70 | 3.75 | 3.80 | 3.85 | 3.90 |
| 250,000 and over | 4.30 | 4.10 | 3.95 | 3.90 | 3.90 | 3.70 | 3.75 | 3.80 | 3.85 | 3.90 |
| Option 2 allows for scheduled periodic redemptions at no charge. |
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| All rates are compounded annually and may change without notice. |
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| Simple interest rates are also available on request for some GIAs. However, these are only offered for TFSAs and non-registered savings plans (NRSPs). |
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| For interest rates on other terms please contact us. |
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| The effective short-term interest rate, compounded annually, is applicable on contributions awaiting investment. |
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| Non-redeemable GIAs cannot be redeemed, neither periodically nor in a lump sum, even for RRIFs and locked-in RRIFs. |
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