GIC rates

GIC Rates

B2B Bank GIC Deposit Rates (%) - as of July 3, 2024

Short Term Deposits
(Minimum $25,000 for 30-89 days; $5,000 for 90-364 days)

	30-59 Days	60-89 Days	90-119 Days	120-179 Days	180-269 Days	270-364 Days
Canadian Dollar	3.700	3.700	3.950	4.250	4.300	4.300

Long Term Deposits – GICs

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	4.910	4.660	4.430	4.320	4.200
Semi-Annual	$ 1,000.00	4.660	4.410	4.180	4.070	3.950
Quarterly	$ 1,000.00	4.535	4.285	4.055	3.945	3.825
Monthly	$ 10,000.00	4.535	4.285	4.055	3.945	3.825

RRSP¹

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	4.910	4.660	4.430	4.320	4.200

RRIF¹
(Minimum deposit: $10,000 per portfolio)

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	4.910	4.660	4.430	4.320	4.200

Laurentian Bank, LBC Trust, Laurentian Trust Company GIC Deposit Rates¹ (%) - as of July 3, 2024

Short Term Deposits
(Minimum $25,000 for 30-89 days; $5,000 for 90-364 days)

	30-59 Days	60-89 Days	90-119 Days	120-179 Days	180-269 Days	270-364 Days
Canadian Dollar	3.700	3.700	3.950	4.250	4.300	4.300

Long Term Deposits – GICs

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	4.910	4.660	4.430	4.320	4.200
Semi-Annual	$ 1,000.00	4.660	4.410	4.180	4.070	3.950
Quarterly	$ 1,000.00	4.535	4.285	4.055	3.945	3.825
Monthly	$ 10,000.00	4.535	4.285	4.055	3.945	3.825

RRSP¹

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	4.910	4.660	4.430	4.320	4.200

RRIF¹
(Minimum deposit: $10,000 per portfolio)

	Minimum	1 Year	2 Years	3 Years	4 Years	5 Years
Annual Pay or Compound	$ 1,000.00	4.910	4.660	4.430	4.320	4.200

^¹Rates for terms sold through deposit brokers.