Your investing questions, our clear answers.

Our response:

While we do our best to provide general information, we cannot provide financial advice.

Guaranteed investment certificates (GICs) are considered banking products, rather than “securities”. You can learn more about GICs on GetSmarterAboutMoney.ca, including tips for choosing a GIC.

In order to make the decision for time period, speak to your registered financial advisor for more information about products that work best for your personal investment goal.