Term Deposits/GIC's

Effective May 1, 2019

Long Term Rates

Long Term GIC
HMECU Posted Rate
1 Year 1.50%
2 Year 1.60%
3 Year 1.70%
4 Year 1.85%
5 Year 2.10%

Short Term Rates

Short Term GIC
HMECU Posted Rate
30-59 Days 0.20%
60-89 Days 0.30%
90-179 Days 0.40%
180-269 Days 0.50%
270-364 Days 0.60%

Rate Riser Special - Available for GIC & RRSP Only

Rate Riser Special - 5 Year Term Rate in Each Year
1 Year 1.25%
2 Year 1.75%
3 Year 2.25%
4 Year 2.75%
5 Year 3.25%

Rates compounded annually. Rates are subject to change without notice. In the event of a discrepancy, rates posted in branches will prevail.