Savings Rates | RRIFs: 10 to 25 years

Page 1 of 1   
Sorted by: Minimum Deposit 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 -
Desjardins Fin. Security GT Annually Periodically yes 500 1.900 1.900 1.900 1.900 1.900 -
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 Annually no 500 2.750 - - - - -
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 Annually At maturity no 500 2.750 - - - - -
National Bank LD Annually At maturity yes 500 2.400 - - - - -
Bk Nova Scotia Mtg. Corp LD Annually At maturity no 1,000 2.100 - - - - -
Canada Life GT Annually Periodically yes 1,000 1.650 - - - - -
Great-West Life LD Annually At maturity yes 2,000 1.650 2.100 2.100 2.100 - -
Great-West Life LD Not compounded Monthly yes 2,000 1.150 1.600 1.600 1.600 1.600 -
Manulife Investments GT Annually Periodically yes 2,500 2.300 2.300 2.300 2.300 2.300 2.300
Manulife Investments LD Annually At maturity yes 2,500 2.300 2.300 2.300 2.300 2.300 2.300
Manulife Investments LD Not compounded Annually yes 2,500 2.300 2.300 2.300 2.300 2.300 2.300
Sun Life - Insurance LD Annually Annually yes 5,000 2.250 2.250 2.250 2.450 2.500 2.500
Sun Life - Trust LD Annually Annually no 5,000 2.800 2.800 2.800 3.000 3.050 3.050
Sun Life - Trust LD Annually Annually yes 5,000 2.250 2.250 2.250 2.450 2.500 2.500
Empire Life LD Not compounded Annually yes 10,000 2.300 - - - - -
Empire Life LD Not compounded Monthly yes 10,000 2.050 - - - - -
London Life GT Annually Periodically yes 10,000 1.150 - 1.600 1.600 1.600 1.600
Standard Life GT Annually Periodically yes 10,000 2.600 2.600 2.600 2.600 2.600 -
Canada Life GT Annually Periodically yes 25,000 1.775 - - - - -
Great-West Life LD Not compounded Annually yes 25,000 1.775 2.225 2.225 2.225 - -
Great-West Life LD Annually At maturity yes 25,000 1.775 2.225 2.225 2.225 - -
Great-West Life LD Not compounded Monthly yes 25,000 1.275 1.725 1.725 1.725 - -
London Life GT Annually Periodically yes 25,000 1.775 - 2.225 2.225 2.225 2.225
Empire Life LD Not compounded Monthly yes 50,000 2.175 - - - - -
Empire Life LD Not compounded Annually yes 50,000 2.425 - - - - -
Great-West Life LD Annually At maturity yes 50,000 1.900 2.350 2.350 2.350 - -
Great-West Life LD Not compounded Annually yes 50,000 1.900 2.350 2.350 2.350 - -
Great-West Life LD Not compounded Monthly yes 50,000 1.400 1.850 1.850 1.850 - -
Standard Life GT Annually Periodically yes 50,000 2.600 2.600 2.600 2.600 2.600 -
Canada Life GT Annually Periodically yes 75,000 1.900 - - - - -
- LD Not compounded Annually yes 100,000 2.550 - - - - -
- LD Not compounded Monthly yes 100,000 2.300 - - - - -
London Life GT Annually Periodically yes 100,000 1.900 - 2.350 2.350 2.350 2.350
Standard Life GT Annually Periodically yes 100,000 2.600 2.600 2.600 2.600 2.600 -
Standard Life GT Annually Periodically yes 250,000 2.600 2.600 2.600 2.600 2.600 -
Standard Life GT Annually Periodically yes 500,000 2.600 2.600 2.600 2.600 2.600 -
Page 1 of 1   

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 21, 2014

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

© Copyright 2007 CANNEX Financial Exchanges Limited. All rights reserved.