Today's GIC Rates

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5 Ways to Get a Better Return 
on Your GICs

We focus on the things that matter and the things we can control.
We firmly believe it's not the wind, it's the set of our sails that makes the difference.

 ​Del Wilmot, Senior Financial Advisor  
Since 1994

5 Ways to Get a Better Return On Your GICs

SKIP THE BIG 
BANKS


GICs add predictability to investment portfolios. Many GIC investors think that their local bank branch is their only option. There are several ways to get much better returns without giving up that valuable guarantee. 

DO YOUR OWN RATE COMPARISON


Two websites that would be smart to bookmark are cannex.com and highinterestsavings.ca. Use these, and other rate comparison sites, to cross reference and ensure you’re getting a better deal. 

WORK WITH A DEPOSIT BROKER


A Registered Deposit Broker knows the GIC market and can find you better rates while ensuring your investment is protected and can design a GIC "ladder" using a variety of different institutions to maximize returns. 

ALTERNATIVE BANKS ARE STABLE


Alternative financial institutions issuing GICs are typically covered by federal or provincial deposit insurance. Eligible deposits of up to $100,000 or $250,000 in combined principal & interest are covered. Make sure you’re covered before investing.

PLAY THE 
SHORT GAME

You usually get better rates by committing money over longer terms. However, if 
the yield curve is flat, a good tactic 
can be to buy GICs with terms of a 
couple years or less. 

If you are interested in maximizing your GIC returns we will help you get better rates; 
typically 1% or more above what the big banks are offering.

We can offer you a robust option and secure your GIC in minutes.
The security you desire and the service you deserve— one of the many advantages of
working with a Carte financial advisor.

Call Del Today at (519)787-4627 

Or, click below to schedule an Appointment

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*GICs, Life Insurance, segregated funds provided through Carte Risk Management Inc. 
**Mutual Fund provided through Carte Wealth Management Inc.