Redeemable 1 year cashable | - Option to be cashed prior to maturity
- Interest paid on maturity (or upon redemption if held more than 30 days)
- Automatic reinvestment at current rate
| GIC RESP RDSP RRSP RRIF TFSA | $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
|
Non-Redeemable long-term | - 1 to 5 year terms
- Non-redeemable prior to maturity
- Access to funds on maturity only
- Automatic reinvestment at current rate
| GIC RESP RDSP RRSP RRIF TFSA | $1,000 $500 $500 $1,000 $5,000 $1,000 |