Rates

All rates as of June 7th, 2023

Investing

Term Deposits/Guaranteed Investment Certificates (GICs)

Term Deposit length   Rate (%)
21 Month Special 4.00
30 Day Non-Callable 1.60
60 Day Non-Callable 1.80
90 Day Non-Callable 1.80
120 Day Non-Callable 1.80
180 Day Non-Callable 2.20
270 Day Non-Callable 2.35
1 Year Non-Callable 4.00
2 Year Non-Callable 3.80
3 Year Non-Callable 3.50
4 Year Non-Callable 3.45
5 Year Non-Callable 3.40

High Interest Savings Account (HISA)  

HISA balance   Rate (%)
$0 - $9,999                     1.60
$10,000 - $24,999 1.60
$25,000 - $99,999 1.60
$100,000 or more 1.60

Details available under "Personal Accounts" (scroll down to end)

RRSP/RRIF/TFSA /Term Rates (min. $500)

Term Deposit Length Rate (%)
1 Year Callable rate  1.60
1 Year Non-Callable 4.00
2 Year Non-Callable 3.80
3 Year Non-Callable 3.50
4 Year Non-Callable 3.45
5 Year Non-Callable 3.40

The interest rate is an annual rate, interest earned is paid on maturity. Interest rates are subject to change without notice.

RRSP/RRIF/TFSA/Term (Special rates $500 Min.) 

Note: The interest rate is an annual rate, interest earned is paid on maturity. Interest rates are subject to change without notice.

Term Deposit Length Rate (%)
21 Month Special  4.00
1 Year Non-Callable 4.00
2 Year Non-Callable 3.80
3 Year Non-Callable 3.50
4 Year Non-Callable 3.45
5 Year Non-Callable 3.40

RRSP/RRIF/TFSA/Term (Special rates $10K Min.) 

Note: The interest rate is an annual rate, interest earned is paid on maturity. Interest rates are subject to change without notice.

Term Deposit Length Rate (%)
21 Month Special  4.00
1 Year Non-Callable 4.00
2 Year Non-Callable 3.80
3 Year Non-Callable 3.60
4 Year Non-Callable 3.50
5 Year Non-Callable 3.50

Borrowing

 
Posted / Discount** First Mortgage Rates Rate (%)
Basic Variable Rate Mtg  (HELOC)      7.00
Fixed - Commercial Base 7.95
Fixed - 6 o. or 1 yr - Open 8.75
Fixed - 6 mo - Closed 6.89
Fixed - 1 year - Closed 6.94
Fixed - 2 year - Closed 6.54
Fixed - 3 year - Closed 6.39
Fixed - 4 year - Closed 6.09
Fixed - 5 year - Closed 6.29
Fixed - 1 yr - Discount (Closed) 6.09
Fixed - 2 yr - Discount (Closed) 5.79
Fixed - 3 yr - Discount (Closed) 5.59
Fixed - 4 yr - Discount (Closed) 5.54
Fixed - 5 yr - Discount (Closed) 5.39
Fixed - 5 yr (CMHC) - (Closed) 5.29
Base rate (KCCU prime)  7.95

Errors and omissions excepted - Please call to confirm. Mortgage rates are guaranteed for 60 days from the date of advance.

* Special rate applies to new funds only - time-limited offer may be discontinued at any time. 

** All Discount rates are OAC (On approved credit) - Qualifying is based on credit, amortization, and geography.