Fixed Income
GIC's
A GIC is a note issued by a trust company with a fixed yield and term. Many GICs are insured by the Canada Deposit Insurance Corporation (CDIC) for interest and principal totaling up to $60,000. At most banks, trust companies, and investment dealers, purchasing a GIC means locking in your funds for several years.
Treasury Bills
The shortest term, marketable debt instrument issued by the federal government. Ideal for investors seeking a short-term investment of one to twelve months, T-Bills are highly liquid, offer the highest security and a competitive yield.
