Scotiabank’s guaranteed investment certificates (GICs) offer competitive interest rates, flexible terms, and do not charge monthly fees, but may have an early withdrawal penalty. Depending on the type ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Many Canadians are frustrated by the low interest paid on traditional savings accounts, and with good reason. But for those willing to lock in their money, guaranteed investment certificates are a ...

A bank uses GIC to give loans to individuals and corporations with high credit scores. Timbercreek Financial (TSX:TF) uses the lending business model to give short-term mortgages to income-generating ...

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CIBC’s GICs offer competitive interest rates, have flexibility, and come with Canadian Deposit Insurance Corporation (CDIC) protection. Like most GICs, you’re guaranteed to get your original ...