Savings Rates | RRIFs: 1 to 6 years

Page 1 of 2    next page >>
Sorted by: 6 Year Term in descending 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
Sun Life - Trust LD Annually Annually no 5,000 1.300 1.400 1.500 1.850 2.400 2.400
BMO Bank of Montreal LD Annually Periodically no 500 1.000 1.150 1.350 1.600 1.950 1.950
National Bank LD Annually At maturity yes 500 0.900 1.150 1.250 1.500 1.750 1.950
Empire Life LD Annually Periodically yes 100,000 1.250 1.375 1.500 1.625 1.750 1.925
Canada Life GT Annually Periodically yes 75,000 0.900 1.000 1.100 1.400 1.600 1.900
Great-West Life LD Not compounded Annually yes 50,000 0.900 1.000 1.100 1.400 1.600 1.900
Great-West Life LD Annually At maturity yes 50,000 0.900 1.000 1.100 1.400 1.600 1.900
Sun Life - Insurance LD Annually Annually yes 5,000 0.900 0.950 1.000 1.650 1.900 1.900
Sun Life - Trust LD Annually Annually yes 5,000 0.900 0.950 1.000 1.650 1.900 1.900
Empire Life LD Annually Periodically yes 50,000 1.125 1.250 1.375 1.500 1.625 1.800
Canada Life GT Annually Periodically yes 25,000 0.775 0.875 0.975 1.275 1.475 1.775
Great-West Life LD Annually At maturity yes 25,000 0.775 0.875 0.975 1.275 1.475 1.775
Great-West Life LD Not compounded Annually yes 25,000 0.775 0.875 0.975 1.275 1.475 1.775
Bk Nova Scotia Mtg. Corp LD Annually At maturity no 1,000 0.900 1.100 1.250 1.400 1.750 1.750
Desjardins Fin. Security LD Not compounded Annually yes 500 0.850 0.950 1.250 1.500 1.700 1.700
Desjardins Fin. Security LD Annually At maturity yes 500 0.850 0.950 1.250 1.500 1.700 1.700
Empire Life LD Annually Periodically yes 10,000 1.000 1.125 1.250 1.375 1.500 1.675
Empire Life LD Annually Monthly yes 100,000 1.000 1.125 1.250 1.375 1.500 1.675
Canada Life GT Annually Periodically yes 1,000 0.650 0.750 0.850 1.150 1.350 1.650
Great-West Life LD Annually At maturity yes 2,000 0.650 0.750 0.850 1.150 1.350 1.650
Great-West Life LD Not compounded Annually yes 500 0.650 0.750 0.850 1.150 1.350 1.650
Desjardins Fin. Security LD Not compounded Semi-annually yes 10,000 0.700 0.800 1.100 1.350 1.550 1.550
Desjardins Fin. Security LD Not compounded Quarterly yes 10,000 0.700 0.800 1.100 1.350 1.550 1.550
Desjardins Fin. Security LD Not compounded Monthly yes 10,000 0.700 0.800 1.100 1.350 1.550 1.550
Empire Life LD Annually Monthly yes 50,000 0.875 1.000 1.125 1.250 1.375 1.550
Manulife Investments LD Not compounded Annually yes 2,500 0.900 1.100 1.150 1.350 1.500 1.550
Manulife Investments LD Annually At maturity yes 2,500 0.900 1.100 1.150 1.350 1.500 1.550
Manulife Investments GT Annually Periodically yes 2,500 0.900 1.100 1.150 1.350 1.500 1.550
Standard Life GT Annually Periodically yes 250,000 1.125 1.250 1.350 1.375 1.400 1.475
Standard Life GT Annually Periodically yes 500,000 1.125 1.250 1.350 1.375 1.400 1.475
Standard Life GT Annually Periodically yes 100,000 1.125 1.250 1.350 1.375 1.400 1.475
Standard Life GT Annually Periodically yes 50,000 1.125 1.250 1.350 1.375 1.400 1.475
Standard Life GT Annually Periodically yes 10,000 1.125 1.250 1.350 1.375 1.400 1.475
Empire Life LD Annually Monthly yes 10,000 0.750 0.875 1.000 1.125 1.250 1.425
Great-West Life LD Not compounded Monthly yes 50,000 0.400 0.500 0.600 0.900 1.100 1.400
Great-West Life LD Not compounded Monthly yes 25,000 0.275 0.375 0.475 0.775 0.975 1.275
Great-West Life LD Not compounded Monthly yes 2,000 0.150 0.250 0.350 0.650 0.850 1.150
B2B Bank LD Annually Annually no 1,000 1.550 2.050 2.120 2.310 2.450 -
CIBC LD Annually At maturity no 500 0.900 1.100 1.250 1.400 1.750 -
Effort Trust LD Annually Annually no 1,000 1.650 1.950 2.100 2.300 2.500 -
Home Trust Company LD Not compounded Annually no 10,000 1.600 1.900 2.050 2.250 2.450 -
Home Trust Company LD Not compounded Semi-annually no 10,000 1.600 1.900 2.050 2.250 2.450 -
Home Trust Company LD Not compounded Quarterly no 10,000 1.600 1.900 2.050 2.250 2.450 -
Home Trust Company LD Not compounded Monthly no 10,000 1.600 1.900 2.050 2.250 2.450 -
Home Trust Company LD Annually At maturity no 10,000 1.600 1.900 2.050 2.250 2.450 -
Laurentian Bank Canada LD Not compounded Monthly no 500 0.500 0.600 0.750 0.900 1.250 -
Laurentian Bank Canada LD Annually At maturity no 500 0.850 1.100 1.250 1.400 1.750 -
Laurentian Bank Canada LD Not compounded Quarterly no 500 0.500 0.730 0.880 1.030 1.380 -
Laurentian Bank Canada LD Not compounded Semi-annually no 500 0.600 0.850 1.000 1.150 1.500 -
Laurentian Bank Canada LD Not compounded Annually no 500 0.850 1.100 1.250 1.400 1.750 -
Page 1 of 2    next page >>

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 December 18, 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.