Registered Term Deposits/GICs: 1 to 6 years
Financial Institution Compound
Frequency
Payment
Frequency
Redeem-
able
Redeemable
Term
Minimum
Deposit
Term In Years
1 2 3 4 5 6
B2B Bank A E no   1,000 1.2000 1.8200 1.9200 1.9500 2.2000 -
Canada Life A E yes   1,000 .5500 .6000 .8500 1.1000 1.2500 1.4000
  A E yes   25,000 .5500 .6000 .8500 1.1000 1.2500 1.4000
  A E yes   75,000 .5500 .6000 .8500 1.1000 1.2500 1.4000
Empire Life A E yes   500 .6500 .8000 .9000 1.1000 1.6000 1.2000
  A E yes   50,000 .7750 .9250 1.0250 1.2250 1.7250 1.3250
  A E yes   100,000 .9000 1.0500 1.1500 1.3500 1.8500 1.4500
Equitable Life A E yes   500 .6000 1.0500 1.2500 1.5000 1.7500 -
  A E yes   25,000 .6000 1.0500 1.2500 1.5000 1.7500 -
  A E yes   50,000 .6000 1.0500 1.2500 1.5000 1.7500 -
Industrial Alliance N A yes   1,000 1.1500 1.4500 1.5000 1.6500 1.4000 -
  N A yes   25,000 1.3000 1.6000 1.6500 1.8000 1.5500 -
  N A yes   100,000 1.3500 1.6500 1.7000 1.8500 1.6000 -
  N A yes   200,000 1.4000 1.7000 1.7500 1.9000 1.6500 -
  A E yes   1,000 1.1500 1.4500 1.5000 1.6500 1.4000 -
  A E yes   25,000 1.3000 1.6000 1.6500 1.8000 1.5500 -
  A E yes   100,000 1.3500 1.6500 1.7000 1.8500 1.6000 -
  A E yes   200,000 1.4000 1.7000 1.7500 1.9000 1.6500 -
Manulife Bank A E no   2,500 1.0500 1.2500 1.4000 1.6000 1.8500 -
Manulife Investments A E no   2,500 .6500 .8500 1.1500 1.3000 1.5000 1.6000
  A E yes   2,500 .4000 .6000 .9000 1.0500 1.2500 1.3500
Sun Life - Insurance N A yes   1,000 .8500 .8500 .8500 1.4500 1.6500 -
  A E yes   1,000 .8500 .8500 .8500 1.4500 1.6500 -
Sun Life Financial Tr. N A no   5,000 .9500 1.0500 1.1500 1.4000 1.7500 -
  N M no   5,000 .8500 .9000 .9500 1.2000 1.5000 -
  A E no   5,000 .9500 1.0500 1.1500 1.4000 1.7500 -

Column Heading Value Description
Compound Frequency A Annually
  S Semi-annually
  Q Quarterly
  BM Bi-monthly
  M Monthly
  BW Bi-weekly
  W Weekly
  D Daily
  N Not compounded
Payment Frequency A Annually
  S Semi-annually
  Q Quarterly
  BM Bi-monthly
  M Monthly
  BW Bi-weekly
  W Weekly
  D Daily
  P Periodically
  E At maturity


Term deposits are investment products that offer a guaranteed rate of return for a pre-defined time period. The applicable interest rate varies according to the term of investment, the amount of money invested, the treatment of interest and whether or not the investment is redeemed prior to maturity. Term deposits are also known as GICs (Guaranteed Investment Certificates), or Accumulation Annuities when issued by an insurance company. These investments are registered for tax purposes as an RSP (retirement savings plan).