Rates

All rates as of July 30th, 2020

Investing

Term Deposits/Guaranteed Investment Certificates (GICs)

Term Deposit length   Rate (%)
1 yr. Special rate < $10K* 0.75
30 Day Non-Callable 0.10
60 Day Non-Callable 0.30
90 Day Non-Callable 0.35
120 Day Non-Callable 0.35
180 Day Non-Callable 0.45
270 Day Non-Callable 0.50
1 Year Non-Callable 0.70
2 Year Non-Callable 0.80
3 Year Non-Callable 1.00
4 Year Non-Callable 1.10
5 Year Non-Callable 1.20

High Interest Savings Account (HISA)  

HISA balance   Rate (%)
$0 - $9,999                     0.50
$10,000 - $24,999 0.50
$25,000 - $99,999 0.50
$100,000 or more 0.70

Details available under "Personal Accounts" (scroll down to end)

RRSP/RRIF/TFSA Posted Term Rates (under $10,000)

Term Deposit Length Rate (%)
1 yr Special rate <$10K* 0.85
1 Year Non-Callable 0.70
2 Year Non-Callable 0.80
3 Year Non-Callable 1.00
4 Year Non-Callable 1.10
5 Year Non-Callable 1.20

The interest rate is an annual rate, interest earned is paid on maturity. Interest rates are subject to change without notice.

RRSP/RRIF/TFSA/Term Bonus Rates (Min. $10,000 - New Money)

 Deposit Length Rate (%)
32 mo yr Special rate >$10K* 1.50
1 yr - Non-Callable 1.00
2 yr. - Non-Callable 1.00
3 yr. - Non-Callable 1.10
4 yr. - Non-Callable 1.30
5 yr. - Non-Callable 1.50

Note: The interest rate is an annual rate, interest earned is paid on maturity. Interest rates are subject to change without notice.

Borrowing

First Mortgages - Term rates
Posted / Discount** Rates Rate (%)
Basic Variable Rate Mtg        3.45
Fixed - 6 month - Open 6.75
Fixed - 6 Month - Closed 3.75
Fixed - 6 mo. / 1 year - Open 6.75
Fixed - 1 year - Closed

3.09

Fixed - 2 year - Closed 3.39
Fixed - 3 year - Closed 3.79
Fixed - 4 year - Closed 4.09
Fixed - 5 year - Closed 4.84
Fixed - 1 yr - Discount  2.99
Fixed - 2 yr - Discount  3.09
Fixed - 3 yr - Discount  3.19
Fixed - 4 yr - Discount  2.99
Fixed - 5 yr - Discount  2.59
Base rate (Apr 7, 2020 - KCCU prime)  3.95

Errors and omissions excepted - Please call to confirm.

* Special rate applies to new funds only - time-limited offer may be discontinued at any time.

** All Discount rates are OAC (On approved credit) - Qualifying is based on credit and geography.