We issue long-term GICs from one to five years, with a minimum of $1,000 for annual pay and annual compound GICs. GICs with interest paid monthly or quarterly have a minimum of $5,000, and GICs with interest paid semi-annually have a minimum of $3,000. Interest earned on long-term GICs with monthly payouts is credited directly to your own bank account. (Equitable Trust does not have bank accounts.) Along with competitive rates, we also allow your GICs to mature any day within the month of maturity at the published rate. For example, you could specify a maturity date between the 1st and 31st March 2006 for a 2 year GIC taken out on any date in March 2004.  

Short-Term GICs
Short term GICs are issued from 30-364 days for a minimum of $5,000. If you wish to invest for only a few months, and receive interest monthly, we can accommodate your needs. Please contact us for rates.

Cashable GICs
A Cashable GIC issued for a one-year term, cashable after 30 days is available for non-registered accounts.

For a GIC application, click here

If you require additional information on CDIC call:

1-800-461-CDIC (1-800-461-2342)

Canada Deposit Insurance Corporation 50 O’Connor Street, 17th Floor P.O. Box 2340, Station D Ottawa, Ontario K1P 5W5

Website: http://www.cdic.ca
E-mail:  info@cdic.ca