GICs and Term Deposits


Greater things are on your horizon when you get a GIC with 1st Choice Savings!

GIC stands for Guaranteed Investment Certificate. This guarantees a specific rate of return over a predetermined period of time.

 GIC / Term Deposit Featutres:



Your principal investment and interest are guaranteed.



Pick the term that works with your financial goals.


Higher Interest

GICs offer higher interest rates than a savings account.


Eligible for TFSAs and RRSPs*

*Conditions apply

Short Term GICs

30 - 270 Days

Don’t have money to put away for a long time? Try a Short Term GIC.

Many people think that in order to invest they have to put money away for at least a year but we many options to meet your needs.

Short Term GICs are ideal for someone who:


Is saving for a large purchase.


Wants to maintain some liquidity in a portfolio.


Wants to invest, but needs to access cash sooner than later.


May be paying off multiple debts, but wants to start investing.

 For a our current short term rates, click here. 

Long Term GICs

1 - 5 years

Long Term GICs range from 1-5 years and generally offer a higher rate of return the longer they are held for.

Long Term GICs are great for someone who:


Is interested in a higher rate of return on their investments.


Is comfortable locking in for longer period of time.


Is saving for long term goals.


Wants more stability in their portfolio.

For a our current long term rates, click here. 

 height=  Special Promo Rate - 2.05% on 18 month GICs!

            Contact us or meet with us to open yours today!

 For all current rates, click here.

To Open a GIC

Or call us toll free today to make an appointment! 1.866.803.0733


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