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Cannex Short Term Non-Reg

Term Deposits/GICs: 30 to 270 days
Financial Institution Compound
Frequency
Payment
Frequency
Redeem-
able
Redeemable
Term
Minimum
Deposit
Term In Days
30 60 90 120 180 270
*Sun Life Financial Tr. N E no 10,000 .1500 .1500 .5000 .5500 1.1000 1.1500
B2B Bank N E no 5,000 - - 2.0000 2.0000 2.5000 2.6000
N E no 25,000 1.7500 1.7500 2.0000 2.0000 2.5000 2.6000
Empire Life N E yes 500 1.0000 - 1.0000 - 1.0000 -
N E yes 50,000 1.1250 - 1.1250 - 1.1250 -
N E yes 100,000 1.2500 - 1.2500 - 1.2500 -
Manulife Bank Agt. N E no 25,000 1.5000 1.6000 2.3000 2.3000 2.3000 2.3000
N E no 50,000 1.5000 1.6000 2.3000 2.3000 2.3000 2.3000
N E no 100,000 1.5000 1.6000 2.3000 2.3000 2.3000 2.3000

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.