Interest Rates

Current Rates on July 26, 2019

Find the mortgage rate that best meets your needs. Use our Mortgage Payment Calculator to find out the amount of your mortgage payments.

Special Mortgage Rates

Term Interest Rate
6-12 months – Open 5.95%
6 months 4.40%
12 months 3.64%
24 months 3.59%
36 months 3.49%
48 months 3.49%
60 months 3.29%
60 months – CMHC insured 2.99%

Conventional Term Deposits

Term Posted Rate
1 year 1.40%
2 years 1.45%
3 years 1.60%
4 years 1.65%
5 years 2.00%

Progressive GIC – Redeemable Annually

Term Interest Rate
1 year 1.25%
2 years 1.55%
3 years 1.85%
4 years 2.10%
5 years 3.00%

Progressive GIC – Non-Redeemable

Term Interest Rate
1 year 1.50%
2 years 1.75%
3 years 2.00%
4 years 2.25%
5 years 3.20%

Special Offers

Term Interest Rate
18 months 1.80%
47 months 2.20%

GIC Redeemable at any Time

Term Interest Rate
12 months ($1,000 minimum)  0.90%