Calculators

GIC growth and ladder calculator

A guaranteed investment certificate is the simplest contract in Canadian finance: a rate, a term, and compounding once a year. This tool works a single certificate to maturity, then builds the five-rung ladder savers use to keep some money maturing every year, with each rung prefilled at the highest non-redeemable rate for its term confirmed at the institution itself, printed with its institution and date under the field.

Single certificate: amount

Single certificate: rate (%) Highest 5-year non-redeemable rate confirmed at the institution: 5.00% at Provincial Credit Union. Rates Effective: 2026-11-09

Single certificate: term (years)

Ladder: total amount

1-year rung rate (%) Highest 1-year non-redeemable rate confirmed at the institution: 3.40% at DUCA. Captured 2026-11-14

2-year rung rate (%) Highest 2-year non-redeemable rate confirmed at the institution: 3.80% at DUCA. Captured 2026-11-14

3-year rung rate (%) Highest 3-year non-redeemable rate confirmed at the institution: 3.90% at DUCA. Captured 2026-11-14

4-year rung rate (%) Highest 4-year non-redeemable rate confirmed at the institution: 4.10% at DUCA. Captured 2026-11-14

5-year rung rate (%) Highest 5-year non-redeemable rate confirmed at the institution: 5.00% at Provincial Credit Union. Rates Effective: 2026-11-09

What a ladder buys

A ladder trades a little yield for a standing option: one fifth of the money matures every year, ready to be spent, moved, or reinvested at whatever rates then offer, while the rest keeps earning the longer terms' higher rates. In a capture where the five-year rate stands well above the one-year rate, the all-in five-year line wins on arithmetic, and the ladder's value is the flexibility rather than the return, which is why this page prints all three outcomes side by side instead of recommending one. The full published shelves, with redeemable and market-linked products separated and named, are in the GIC rates record.

Sources and dates

Prefilled rates: the highest published non-redeemable rate per term in this site's GIC capture of 2026-11-14 to 2026-11-15, each labelled in its field with the publishing institution and the row's date. Compounding is annual, the standard for Canadian GICs; interest inside a registered account and interest paid out annually rather than compounded are different contracts, and their figures differ accordingly.