Wealth

Easy Start

  • Non-Redeemable, registered.
  • 1-year term.
  • $5.00 up front1. Minimum required investment of $1,000 must be reached within one year.
  • Access to funds at maturity only2.
  • Interest Is compounded annually and is paid in full at maturity.
  • Automatic reinvestment at current rate3.
  • Interest earned within the investment is tax-free4.
  • Potential to earn a higher interest rate than a savings account.
  • Flexibility to make scheduled periodic deposits to meet the required investment amount5.
  • The automatic scheduled funds transfer can be setup to occur weekly, bi-weekly, semi-monthly or monthly.
  • Scheduled funds transfers are not permitted from another financial institution account.
  • Lump sum deposits are permitted anytime during the term.

Rates

$0.00 - $1,0000.55%
$1,000.01 - $3,0000.55%
$3,000.01 - $5,0000.55%
$5,000.01 - $10,0000.55%
Over $10,000.010.55%

Fees

Transfer out: $100

Non-redeemable

  • Non-redeemable, non-registered.
  • 1, 2, 3, 4 or 5 year terms5.
  • Minimum investment $1,000.
  • Access to funds at maturity only.
  • Interest is compounded annually and is paid in full at maturity (or upon redemption).
  • Minimum quarterly statements.
  • Automatic reinvestment at current rate3.
  • Potential to earn a higher interest rate than a savings account.
  • If the investment is partially withdrawn before maturity, the minimum investment amount must be maintained.


Rates

Rates

$0.00 - $1,0000.55%
$1,000.01 - $3,0000.55%
$3,000.01 - $5,0000.55%
$5,000.01 - $10,0000.55%
Over $10,000.010.55%

Fees

Transfer out: $100

Redeemable

  • Redeemable, non-registered.
  • 1-year term.
  • Minimum investment $1,000.
  • Access to funds anytime on or after 90 days.
  • Interest paid at maturity (or upon redemption).
  • Automatic reinvestment at current rate3.
  • Interest earned within the investment is tax-free4.
  • Provides the option of cashability prior to maturity without tax consequences.
  • Potential to earn a higher interest rate than a savings account.
  • May be withdrawn on or after 90 days of the term with no interest penalty.
  • If the investment is partially withdrawn, the minimum investment amount must be maintained.

Rates

Rates

$0.00 - $1,0000.55%
$1,000.01 - $3,0000.55%
$3,000.01 - $5,0000.55%
$5,000.01 - $10,0000.55%
Over $10,000.010.55%

Fees

Transfer out: $100

Savings

  • Redeemable, registered.
  • No minimum investment6.
  • Access to funds full or partially cashable at any time.
  • Interest is calculated on the daily closing balance7 and is paid semi-annually on June 30 and December 31 to the investment.
  • Easy access to funds to meet your needs.
  • Interest earned within the investment is tax-free4.

Rates

$0.00 - $1,0000.55%
$1,000.01 - $3,0000.55%
$3,000.01 - $5,0000.55%
$5,000.01 - $10,0000.55%
Over $10,000.010.55%

Fees

Transfer out: $100

  1. The required investment amount must be reached through automatic scheduled funds transfers (and lump sum deposits) during the life of the term.
  2. If such action is required, interest paid on the deposit shall be reduced to 50% of the interest earned to the date of cancellation.
  3. Unless other instructions provided prior to maturity.
  4. The TFSA program is administered by Canada Revenue Agency (CRA). It is your responsibility to ensure TFSA contributions do not exceed maximum limits and tax reporting is in compliance with CRA rules.
  5. 3-year convertible feature is available at time of purchase. If converted, value of initial deposit must be matched or increased and must be reinvested to, at the minimum, satisfy the remainder of the 3-year term.
  6. The investment may be opened prior to deposit of funds.
  7. Interest on the variable TFSA is based on a floating rate.