Where the rates come from
Rates come from each institution's own published rate page, never from a third-party aggregator. An automated job re-reads those same pages every night, compares what it finds against what we display, and updates any rate that has moved. Changes are logged with the date and the source URL.
At the top of the page, a pill reads "Rates verified nightly" and shows the date of the last check. That date comes from the data itself, so if checks ever stopped, the date you see would be older.
Reading the table
- Institution, Product and Term: who offers it, which GIC it is and how long you lock the money in.
- Rate: the published rate. Where an institution publishes different rates for different interest-payment frequencies, each is listed separately. A GIC that pays monthly almost always pays a lower rate than the same term compounded to maturity, so comparing across the two isn't like for like.
- Value on your deposit amount: the last column is headed "Value on" and your deposit amount. It shows what that deposit would be worth at maturity at the listed rate.
Filtering the list
Search by institution or product, then narrow by Province, Deposit amount, Account type, Term (from Under 1 year to Over 5 years), GIC type, Institution type and Currency. Four switches help you compare like with like:
- One per institution: keeps only each institution's best rate for a term.
- Unlimited coverage: only institutions whose deposits are guaranteed in full with no dollar limit, such as most provincial credit-union schemes.
- Cashable early: only GICs that can be redeemed before maturity.
- Promos only: only limited-time and special-offer rates.
Compare GIC rates
Set your province and deposit amount, then compare terms.