What is a GIC ?

A GIC (Guaranteed Investment Certificate) is exactly what it promises - a guaranteed investment. When you buy a GIC, you invest a sum of money for a specific term (period of time). At the end of that term, you are guaranteed to receive your full principal (your initial investment) plus all interest income received on your money.

GIC's are an important part of every investor’s portfolio because of the security they offer. They produce steadier returns over time than other forms of investments and provide risk-free gains due to the fixed amount of interest that is earned on the capital. Perfect for conservative investors, GIC’s provide a secure way to save for short-term goals, like a vacation, or for long-term plans, like buying a house or retirement.

With multiple institutions under contract, we can offer you a wide range of deposit products at different rates. We always shop around for the best rates for you. Let on of our advisors shop for you.