Guaranteed Investment Certificate (GIC)
Grow your savings with confidence
When you invest in a GIC, your principal is protected, and your return is guaranteed for the full term.
13-month FlexSavings Cashable GIC
3.20%*
14-month non‑redeemable GIC
3.55%*
26-month non‑redeemable GIC
3.85%*
Find the right GIC for your goals
Compare rates, terms, and features to choose the best guaranteed investment certificate for you.
Minimum deposit $1,000
Rate type
Account type
Redemption flexibility
Term length
* Interest calculations are estimates only. For terms of 12 months or more, calculations assume annual compounding and reinvestment of interest. Market-linked returns may be nil at maturity; principal is guaranteed. Rates and terms may change without notice.
Your top matches
Advantages of a GIC
Keep your money safe while earning steady, predictable returns.
Great rates
Grow your money faster than with a regular savings account.
Safe and secure
Your principal is fully protected, keeping your savings 100% secure.
Flexible terms
Pick the right fit — short-term or long-term options tailored to match your goals.
Account options
Invest in GICs through a non-registered account, TFSA, RRSP, RRIF, or RESP.
Select your GIC
GIC Specials
- Limited-time offers
- Redeemable and non-redeemable
- Available in non-registered and registered accounts
|
GIC Specials |
Rate*
|
|---|---|
|
GIC Specials 1-year redeemable GIC |
Rate*
2.85% |
|
GIC Specials 13-month FlexSavings Cashable GIC |
Rate*
3.20% |
|
GIC Specials 14-month non-redeemable GIC |
Rate*
3.55% |
|
GIC Specials 26-month non-redeemable GIC |
Rate*
3.85% |
Short-term GICs
- Redeemable and non-redeemable terms from 90 to 364 days
- Available in non-registered accounts, TFSAs, FHSAs, RRSPs, and RRIFs
|
Redeemable GICs |
Rate*
|
|---|---|
|
Redeemable GICs 90–179 days |
Rate*
2.10% |
|
Redeemable GICs 180–269 days |
Rate*
2.10% |
|
Redeemable GICs 270–364 days |
Rate*
2.25% |
|
Redeemable GICs Non-redeemable GICs |
Rate*
Rate* |
|
Redeemable GICs 90–179 days |
Rate*
2.60% |
|
Redeemable GICs 180–269 days |
Rate*
2.60% |
|
Redeemable GICs 270–364 days |
Rate*
2.75% |
Long-term GICs
- Redeemable and non-redeemable terms from one to five years
- Our laddering strategy helps you earn more while staying flexible
- Available in non-registered accounts, TFSAs, FHSAs, RRSPs, RRIFs, and RESPs
|
Redeemable GICs |
Rate*
|
|---|---|
|
Redeemable GICs 1 year |
Rate*
2.30% |
|
Redeemable GICs 2 year |
Rate*
2.75% |
|
Redeemable GICs 3 year |
Rate*
2.80% |
|
Redeemable GICs 4 year |
Rate*
2.80% |
|
Redeemable GICs 5 year |
Rate*
2.85% |
|
Redeemable GICs Non-redeemable GICs |
Rate*
Rate* |
|
Redeemable GICs 1 year |
Rate*
3.00% |
|
Redeemable GICs 2 year |
Rate*
3.25% |
|
Redeemable GICs 3 year |
Rate*
3.35% |
|
Redeemable GICs 4 year |
Rate*
3.35% |
|
Redeemable GICs 5 year |
Rate*
3.50% |
Accelerator GIC
- The interest rate increases each year over the five-year term
- Option to convert to a regular GIC on the 3rd and 4th anniversaries
- Re-invest at higher rates if the market rises
- Redeem up to 20% of the principal with no penalty, once a year
- Available in non-registered accounts, TFSAs, FHSAs, RRSPs, and RRIFs
|
Accelerator GIC |
Rate*
|
|---|---|
|
Accelerator GIC Year 1 |
Rate*
3.00% |
|
Accelerator GIC Year 2 |
Rate*
3.10% |
|
Accelerator GIC Year 3 |
Rate*
3.15% |
|
Accelerator GIC Year 4 |
Rate*
3.50% |
|
Accelerator GIC Year 5 |
Rate*
5.00% |
|
Accelerator GIC Effective yield |
Rate*
3.55% |
Escalator GIC
- The interest rate increases every 8Â months over the two-year term
- Interest compounds every 8Â months, so you earn interest on your interest
- Redeemed in part or in full on each anniversary date or up to 30 days after the anniversary
- Available in non-registered accounts, TFSAs, FHSAs, RRSPs, and RRIFs
|
Escalator GIC |
Rate*
|
|---|---|
|
Escalator GIC Months 1–8 |
Rate*
3.00% |
|
Escalator GIC Months 9–16 |
Rate*
3.20% |
|
Escalator GIC Months 17–24 |
Rate*
4.00% |
|
Escalator GIC Average yield |
Rate*
3.40% |
Market-linked GICs
- Principal is 100% guaranteed at maturity
- Offer potential for higher returns by tracking the performance of recognized companies in Canadian or global stock markets
- No need to monitor the market
- No management fees to calculate or deduct from returns
- Available in non-registered accounts, TFSAs, and RRSPs
|
Canadian market-linked GICs |
Rate*
|
|
|---|---|---|
|
Canadian market-linked GICs 3 year |
Rate*
up to 7.43% |
|
|
Canadian market-linked GICs 5 year |
Rate*
up to 8.45% |
|
|
Canadian market-linked GICs Global market-linked GICs |
Rate*
Rate* |
|
|
Canadian market-linked GICs 3 year |
Rate*
up to 8.29% |
|
|
Canadian market-linked GICs 5 year |
Rate*
up to 9.16% |
|
U.S. dollar GICs
- Non-redeemable terms from 30 days to five years
- Available in non-registered accounts
|
Short-term GICs |
Rate*
|
|---|---|
|
Short-term GICs 30–59 days |
Rate*
2.80% |
|
Short-term GICs 60–89 days |
Rate*
2.85% |
|
Short-term GICs 90–179 days |
Rate*
2.90% |
|
Short-term GICs 180–269 days |
Rate*
3.00% |
|
Short-term GICs 270–364 days |
Rate*
3.10% |
|
Short-term GICs Long-term GICs |
Rate*
Rate* |
|
Short-term GICs 1 year |
Rate*
3.80% |
|
Short-term GICs 2 year |
Rate*
3.75% |
|
Short-term GICs 3 year |
Rate*
3.75% |
|
Short-term GICs 4 year |
Rate*
3.80% |
|
Short-term GICs 5 year |
Rate*
3.80% |
Top 5 questions about a GIC
A Guaranteed Investment Certificate is a secure investment that protects your principal and guarantees a fixed return over a set term. It offers predictable growth, making it a steady savings option for both short-term and long-term goals.
A GIC keeps your savings safe while offering consistent returns. Your principal is fully protected, giving you peace of mind. This is especially useful for creative professionals who want financial stability alongside their creative pursuits.
You can choose from short-term and long-term GICs, as well as specialty options like accelerator, escalator, market-linked, and U.S. dollar GICs. These choices let you match your investments to your needs and style of planning.
Yes. You can hold GICs in non-registered accounts or registered plans including TFSA, RRSP, RRIF, and RESP accounts. This gives you flexibility in how and where you grow your savings.
Creative Arts Financial frequently introduces new special rates on select GIC terms. To stay up to date on these opportunities, keep an eye on our social media, email updates, and website, or speak with our branch staff. These limited time offers can help you grow your savings while keeping your money fully protected. Rates may change and conditions apply.
Make your money work harder. Book an appointment to get started.
* Rate subject to change at any time. Conditions apply.
