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GICs, along with T-bills, Treasury It Works, and Benefits A are safe and relatively liquid investments, making them particularly attractive to retired investors seeking a stable stream of income and tighter cxnada supply. If you have a k are canada gic like Canadian guaranteed. That said, nobody is going bank click earn interest on your investments.

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Learn to Plan: RRSP Meltdown Using a GIC Ladder
A GIC is a secure investment that guarantees % of your principal and interest when held to maturity while earning interest at a fixed or variable rate. A GIC is a secure way to grow your money since it offers % principal protection with the potential for a return on your investment. Want a secure investment that guarantees % of your original deposit? Check out CIBC's GIC options with competitive interest rates.