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Cannex RRIF Rates

RRIFs: 1 to 6 years
Financial Institution Type Compound
Frequency
Payment
Frequency
Redeem-
able
Minimum
Deposit
Term In Years
1 2 3 4 5 6
B2B Bank LD A A no 1,000 3.6100 4.0500 4.2400 4.2800 4.3800 -
Canada Life GT A P yes 500 2.7500 3.0000 3.2000 3.4000 3.6000 3.8000
Empire Life LD A M yes 10,000 2.2000 2.6000 2.8500 3.0500 3.5500 3.2500
LD A M yes 50,000 2.3250 2.7250 2.9750 3.1750 3.6750 3.3750
LD A M yes 100,000 2.4500 2.8500 3.1000 3.3000 3.8000 3.5000
LD A P yes 10,000 2.4500 2.8500 3.1000 3.3000 3.8000 3.5000
LD A P yes 50,000 2.5750 2.9750 3.2250 3.4250 3.9250 3.6250
LD A P yes 100,000 2.7000 3.1000 3.3500 3.5500 4.0500 3.7500
Manulife Investments LD A E yes 2,500 2.7000 3.1000 3.2500 3.4000 3.5500 3.7000
LD A E yes 50,000 2.7500 3.1500 3.3000 3.4500 3.6000 3.7500
LD A E yes 100,000 2.8000 3.2000 3.3500 3.5000 3.6500 3.8000
LD A E yes 200,000 2.8500 3.2500 3.4000 3.5500 3.7000 3.8500
LD A E yes 500,000 2.9000 3.3000 3.4500 3.6000 3.7500 3.9000
GT A M yes 2,500 2.6500 3.0500 3.2000 3.3500 3.5000 3.6500
GT A M yes 50,000 2.7000 3.1000 3.2500 3.4000 3.5500 3.7000
GT A M yes 100,000 2.7500 3.1500 3.3000 3.4500 3.6000 3.7500
GT A M yes 200,000 2.8000 3.2000 3.3500 3.5000 3.6500 3.8000
GT A M yes 500,000 2.8500 3.2500 3.4000 3.5500 3.7000 3.8500
Sun Life - Insurance LD A A yes 5,000 3.0000 3.2500 3.3500 3.4500 3.5500 3.6000

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


A registered retirement income fund (RRIF) is purchased with the proceeds of a registered retirement savings plan (RRSP). RRIFs are interest accruing investment products that provide a minimum periodic income for a predetermined period of time or until all funds are depleted. Due to the product's flexibility, the investor can, in certain cases, request a withdrawal of any amount provided a withdrawal minimum is met on an annual basis. This product is registered for tax purposes, so interest accumulations are not taxed until withdrawn.