Savings Rates | RRIFs: 1 to 6 years

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Sorted by: Payment Frequency in ascending order (Click on a column heading to sort up or down)
Financial Institution Type Compound Frequency Payment Frequency Redeemable Min. Deposit Term in Years
1 2 3 4 5 6
B2B Bank LD Annually Annually no 1,000 1.300 1.750 1.800 1.850 1.900 -
Effort Trust LD Annually Annually no 1,000 1.750 2.050 2.200 2.250 2.300 -
Great-West Life LD Not compounded Annually yes 50,000 0.400 0.450 0.650 1.000 1.150 1.300
Great-West Life LD Not compounded Annually yes 500 0.150 0.200 0.400 0.750 0.900 1.050
Great-West Life LD Not compounded Annually yes 25,000 0.275 0.325 0.525 0.875 1.025 1.175
Home Trust Company LD Not compounded Annually no 10,000 1.660 1.800 1.900 1.950 2.050 -
Laurentian Bank Canada LD Not compounded Annually no 500 0.850 1.000 1.150 1.300 1.500 -
Manulife Investments LD Not compounded Annually yes 2,500 0.400 0.450 0.700 0.800 0.950 1.050
Oaken Financial LD Not compounded Annually no 10,000 2.050 2.750 2.750 2.750 2.750 -
PACE Savings & Credit Un LD Not compounded Annually no 1,000 1.000 1.200 1.400 1.500 1.600 -
Parama Credit Union LD Not compounded Annually no 1,000 1.600 1.750 1.900 2.050 2.200 -
Rapport Credit Union LD Not compounded Annually no 5,000 1.000 1.100 1.150 1.200 1.700 -
Rapport Credit Union LD Not compounded Annually no 1,000 1.000 1.100 1.150 1.200 1.700 -
Rapport Credit Union LD Not compounded Annually no 20,000 1.250 1.350 1.400 1.450 1.900 -
Rapport Credit Union LD Not compounded Annually no 100,000 1.400 1.500 1.550 1.600 2.250 -
Rapport Credit Union LD Not compounded Annually no 60,000 1.400 1.500 1.550 1.600 2.250 -
Rapport Credit Union LD Not compounded Annually no 10,000 1.000 1.350 1.400 1.450 1.900 -
Rapport Credit Union LD Not compounded Annually no 40,000 1.250 1.350 1.400 1.450 2.100 -
Sun Life - Insurance LD Annually Annually yes 5,000 0.600 0.600 0.650 1.150 1.450 1.450
Sun Life - Trust LD Annually Annually no 5,000 0.900 1.100 1.150 1.350 1.600 1.600
Sun Life - Trust LD Annually Annually yes 5,000 0.600 0.600 0.650 1.150 1.450 1.450
TD Canada Trust LD Not compounded Annually no 500 0.850 0.900 1.000 1.050 1.500 -
Bk Nova Scotia Mtg. Corp LD Annually At maturity no 1,000 0.900 1.100 1.150 1.300 1.500 1.500
CIBC LD Annually At maturity no 500 0.550 0.650 0.850 1.050 1.250 -
Great-West Life LD Annually At maturity yes 50,000 0.400 0.450 0.650 1.000 1.150 1.300
Great-West Life LD Annually At maturity yes 2,000 0.150 0.200 0.400 0.750 0.900 1.050
Great-West Life LD Annually At maturity yes 25,000 0.275 0.325 0.525 0.875 1.025 1.175
Home Trust Company LD Annually At maturity no 10,000 1.660 1.800 1.900 1.950 2.050 -
Laurentian Bank Canada LD Annually At maturity no 500 0.850 1.000 1.150 1.300 1.500 -
Luminus Financial LD Annually At maturity no 500 2.000 1.400 1.500 1.650 1.750 -
Manulife Investments LD Annually At maturity yes 2,500 0.400 0.450 0.700 0.800 0.950 1.050
National Bank LD Annually At maturity yes 500 0.900 1.100 1.200 1.350 1.500 1.650
Oaken Financial LD Annually At maturity no 10,000 2.050 2.750 2.750 2.750 2.750 -
TD Canada Trust LD Annually At maturity no 500 0.850 0.900 1.000 1.050 1.500 -
WFCU Credit Union LD Annually At maturity no 500 0.850 0.950 1.050 1.150 1.400 -
Empire Life LD Annually Monthly yes 100,000 0.650 0.650 0.750 0.900 1.450 1.400
Empire Life LD Annually Monthly yes 50,000 0.525 0.525 0.625 0.775 1.325 1.275
Empire Life LD Annually Monthly yes 10,000 0.400 0.400 0.500 0.650 1.200 1.150
Great-West Life LD Not compounded Monthly yes 50,000 0.300 0.350 0.550 0.900 1.050 1.200
Great-West Life LD Not compounded Monthly yes 25,000 0.175 0.225 0.425 0.775 0.925 1.075
Great-West Life LD Not compounded Monthly yes 2,000 0.050 0.100 0.300 0.650 0.800 0.950
Home Trust Company LD Not compounded Monthly no 10,000 1.660 1.800 1.900 1.950 2.050 -
Laurentian Bank Canada LD Not compounded Monthly no 500 0.500 0.500 0.650 0.800 1.000 -
Oaken Financial LD Not compounded Monthly no 10,000 2.050 2.750 2.750 2.750 2.750 -
BMO Bank of Montreal LD Annually Periodically no 500 0.850 1.050 1.150 1.250 1.500 1.500
Canada Life GT Annually Periodically yes 75,000 0.400 0.450 0.650 1.000 1.150 1.300
Canada Life GT Annually Periodically yes 25,000 0.275 0.325 0.525 0.875 1.025 1.175
Canada Life GT Annually Periodically yes 1,000 0.150 0.200 0.400 0.750 0.900 1.050
Empire Life LD Annually Periodically yes 10,000 0.650 0.650 0.750 0.900 1.450 1.400
Empire Life LD Annually Periodically yes 50,000 0.775 0.775 0.875 1.025 1.575 1.525
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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 June 29, 2016

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

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