Savings Rates | RRIFs: 10 to 25 years

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Sorted by: Compound Frequency in ascending order (Click on a column heading to sort up or down)
Financial Institution Type Compound Frequency Payment Frequency Redeemable Minimum Deposit Term in Years
10 12 15 19 20 25
BMO Bank of Montreal LD Annually Periodically no 500 2.300 2.300 2.300 2.300 2.300 -
Bk Nova Scotia Mtg. Corp LD Annually At maturity no 1,000 2.100 - - - - -
Canada Life GT Annually Periodically yes 1,000 1.650 - - - - -
Canada Life GT Annually Periodically yes 25,000 1.775 - - - - -
Canada Life GT Annually Periodically yes 75,000 1.900 - - - - -
Desjardins Fin. Security GT Annually Periodically yes 500 2.000 2.000 2.000 2.000 2.000 -
Desjardins Fin. Security LD Annually At maturity yes 500 2.000 2.000 2.000 2.000 2.000 -
Great-West Life LD Annually At maturity yes 50,000 1.900 2.350 2.350 2.350 - -
Great-West Life LD Annually At maturity yes 25,000 1.775 2.225 2.225 2.225 - -
Great-West Life LD Annually At maturity yes 2,000 1.650 2.100 2.100 2.100 - -
Laurentian Bank Canada LD Annually At maturity no 500 2.750 - - - - -
London Life GT Annually Periodically yes 25,000 1.775 - 2.225 2.225 2.225 2.225
London Life GT Annually Periodically yes 100,000 1.900 - 2.350 2.350 2.350 2.350
London Life GT Annually Periodically yes 10,000 1.150 - 1.600 1.600 1.600 1.600
Manulife Investments GT Annually Periodically yes 2,500 2.450 2.450 2.450 2.450 2.450 2.450
Manulife Investments LD Annually At maturity yes 2,500 2.450 2.450 2.450 2.450 2.450 2.450
National Bank LD Annually At maturity yes 500 2.400 - - - - -
Standard Life GT Annually Periodically yes 10,000 2.700 2.700 2.700 2.700 2.700 -
Standard Life GT Annually Periodically yes 50,000 2.700 2.700 2.700 2.700 2.700 -
Standard Life GT Annually Periodically yes 500,000 2.700 2.700 2.700 2.700 2.700 -
Standard Life GT Annually Periodically yes 250,000 2.700 2.700 2.700 2.700 2.700 -
Standard Life GT Annually Periodically yes 100,000 2.700 2.700 2.700 2.700 2.700 -
Sun Life - Insurance LD Annually Annually yes 5,000 2.350 2.350 2.350 2.550 2.600 2.600
Sun Life - Trust LD Annually Annually no 5,000 2.850 2.850 2.850 3.050 3.100 3.100
Sun Life - Trust LD Annually Annually yes 5,000 2.350 2.350 2.350 2.550 2.600 2.600
Desjardins Fin. Security LD Not compounded Monthly yes 10,000 1.850 1.850 1.850 1.850 1.850 -
Desjardins Fin. Security LD Not compounded Annually yes 500 2.000 2.000 2.000 2.000 2.000 -
Desjardins Fin. Security LD Not compounded Quarterly yes 10,000 1.850 1.850 1.850 1.850 1.850 -
Desjardins Fin. Security LD Not compounded Semi-annually yes 10,000 1.850 1.850 1.850 1.850 1.850 -
Empire Life LD Not compounded Annually yes 100,000 2.550 - - - - -
Empire Life LD Not compounded Annually yes 50,000 2.425 - - - - -
Empire Life LD Not compounded Annually yes 10,000 2.300 - - - - -
Empire Life LD Not compounded Monthly yes 10,000 2.050 - - - - -
Empire Life LD Not compounded Monthly yes 100,000 2.300 - - - - -
Empire Life LD Not compounded Monthly yes 50,000 2.175 - - - - -
Great-West Life LD Not compounded Monthly yes 50,000 1.400 1.850 1.850 1.850 - -
Great-West Life LD Not compounded Monthly yes 25,000 1.275 1.725 1.725 1.725 - -
Great-West Life LD Not compounded Monthly yes 2,000 1.150 1.600 1.600 1.600 1.600 -
Great-West Life LD Not compounded Annually yes 50,000 1.900 2.350 2.350 2.350 - -
Great-West Life LD Not compounded Annually yes 25,000 1.775 2.225 2.225 2.225 - -
Great-West Life LD Not compounded Annually yes 500 1.650 2.100 2.100 2.100 - -
Laurentian Bank Canada LD Not compounded Semi-annually no 500 2.500 - - - - -
Laurentian Bank Canada LD Not compounded Quarterly no 500 2.380 - - - - -
Laurentian Bank Canada LD Not compounded Monthly no 500 2.250 - - - - -
Laurentian Bank Canada LD Not compounded Annually no 500 2.750 - - - - -
Manulife Investments LD Not compounded Annually yes 2,500 2.450 2.450 2.450 2.450 2.450 2.450
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Type - LD indicates a long-term deposit, GT indicates a guaranteed deposit.

A registered retirement income fund (RRIF) is purchased with the proceeds of a registered retirement savings plan (RRSP). RRIFs are interest accruing investment products that provide a minimum periodic income for a predetermined period of time or until all funds are depleted. Due to the product's flexibility, the investor can, in certain cases, request a withdrawal of any amount provided a withdrawal minimum is met on an annual basis. This product is registered for tax purposes, so interest accumulations are not taxed until withdrawn.

Prepared by Cannex on October 31, 2014

This information is current as of the date and time posted and is subject to change without notice.

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