If you hold a GIC in a registered account, such as a TFSA or RRSP, the interest accumulates tax-free—although with an RRSP, the taxes are deferred until you withdraw the money from the account.

At 1.75%, EQ Bank offers one of the highest interest rates available on an RRSP savings account in Canada. And you can lock in at an even higher rate by purchasing an EQ Bank GIC. Owned and ...

You can purchase Simplii GICs to include in a registered retirement savings plan (RRSP) or as a non-registered investment. Similar to other Simplii Financial products, these term investments are ...

GICs are fixed-term deposits where you lock in your money for a set period in exchange for a guaranteed interest rate. GICs ...

It’s also available for the following registered accounts: RESPs, RRSPs, TFSAs and RDSPs, as well as non-registered accounts. At maturity, this GIC is paid out as a single payment at the end of ...

However, your tax-free savings account and registered retirement savings plan are both capable of holding GICs, and have tax advantages. » MORE: Read our full review of RBC RRSP When comparing ...

If you’re seeking a safe and secure investment option, consider a guaranteed investment certificate (GIC). They have become popular amidst ongoing economic uncertainties. Investing in a GIC ...

I’m sure a lot of RRSP contributions are flowing through the banks and ending up in low-interest GICs and in-house mutual funds of varying quality. The result could be inferior returns.

GICs don’t grow in value the way a stock can ... You can name a beneficiary for registered accounts, including RRSPs, RRIFs and TFSAs. If you are leaving these accounts to a spouse, you can ...