|
Rate Changes - Effective June 26, 2008 |
|
Prime Rate: |
4.75%
|
|
Ultimate Savings: |
2.40%
|
|
Special Savings: |
0.50%
|
|
Plan 24: |
0.25%
|
|
US Chequing Account: |
0.50%
|
|
|
Term Deposit |
GIC (Annual) |
GIC (Semi Annual) |
GIC (Monthly) |
| 30 Days |
1.75 |
N/A
|
N/A
|
N/A
|
| 60 Days |
1.75 |
N/A
|
N/A
|
N/A
|
| 90 Days |
1.80 |
N/A
|
N/A
|
N/A
|
| 180 Days |
1.85 |
N/A
|
1.85 |
1.60 |
| 1 Year |
2.00 |
2.25 |
2.12 |
2.00 |
| 2 Years |
2.35 |
2.60 |
2.47 |
2.35 |
| 3 Years |
2.60 |
2.85 |
2.72 |
2.60 |
| 4 Years |
2.70 |
2.95 |
2.82 |
2.70 |
| 5 Years |
2.95 |
3.20 |
3.07 |
2.95 |
|
| Early Remption Penalty On Term Deposits |
| 0 - 30 Days |
0.00
|
| 31 - 180 Days |
0.50
|
| 181 Days - 1 Year |
0.75 |
| 1 - 5 Years |
1.00 |
|
| Cashable GIC |
| 1 Year |
2.40 |
Minimum Investment: $500
No Penalty after 30 days
|
|
| Progressive GIC |
| Year 1 |
3.15 |
| Year 2 |
3.35 |
Minimum Investment: $500
|
| Year 3 |
3.65 |
Redeemable on Anniversary |
| Year 4 |
3.85 |
Avg Rate:
4.26 |
| Year 5 |
7.30 |
|
| RRSP & RRIF |
| 180 Days |
1.85 |
| Year 1 |
2.25 |
| Year 2 |
2.60 |
| Year 3 |
2.85 |
| Year 4 |
2.95 |
| Year 5 |
3.20 |
|
| Variable RRSP |
|
1.15 |
|
| Progressive RRSP & RRIF |
| Year 1 |
3.15 |
| Year 2 |
3.35 |
Minimum Investment: $500 |
| Year 3 |
3.65 |
Redeemable on Anniversary |
| Year 4 |
3.85 |
Avg Rate:
4.26 |
| Year 5 |
7.30 |
|
US Dollar Short Term GIC
(Type 20) $1000 minimum |
| 30 Days |
1.60 |
| 60 Days |
1.60 |
| 90 Days |
1.75 |
| 180 Days |
1.85 |
| 1 Year |
2.00 |
| US Dollar GICs are non reedeemable |
