Cannex RRIF Rates
RRIFs: 1 to 6 years | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Financial Institution | Type | Compound Frequency |
Payment Frequency |
Redeem- able |
Minimum Deposit |
Term In Years | |||||
1 | 2 | 3 | 4 | 5 | 6 | ||||||
B2B Bank | LD | A | A | no | 1,000 | 3.3100 | 3.3300 | 3.3800 | 3.3600 | 3.5300 | - |
Canada Life | GT | A | P | yes | 500 | 1.7500 | 1.8500 | 2.0000 | 2.1500 | 2.3000 | 2.5000 |
Empire Life | LD | A | M | yes | 10,000 | 1.9500 | 2.1500 | 2.3000 | 2.4500 | 3.0000 | 2.6500 |
LD | A | M | yes | 50,000 | 2.0750 | 2.2750 | 2.4250 | 2.5750 | 3.1250 | 2.7750 | |
LD | A | M | yes | 100,000 | 2.2000 | 2.4000 | 2.5500 | 2.7000 | 3.2500 | 2.9000 | |
LD | A | P | yes | 10,000 | 2.2000 | 2.4000 | 2.5500 | 2.7000 | 3.2500 | 2.9000 | |
LD | A | P | yes | 50,000 | 2.3250 | 2.5250 | 2.6750 | 2.8250 | 3.3750 | 3.0250 | |
LD | A | P | yes | 100,000 | 2.4500 | 2.6500 | 2.8000 | 2.9500 | 3.5000 | 3.1500 | |
Manulife Investments | LD | A | E | yes | 2,500 | 2.5000 | 2.6000 | 2.7000 | 2.8500 | 3.0000 | 3.2000 |
LD | A | E | yes | 50,000 | 2.5500 | 2.6500 | 2.7500 | 2.9000 | 3.0500 | 3.2500 | |
LD | A | E | yes | 100,000 | 2.6000 | 2.7000 | 2.8000 | 2.9500 | 3.1000 | 3.3000 | |
LD | A | E | yes | 200,000 | 2.6500 | 2.7500 | 2.8500 | 3.0000 | 3.1500 | 3.3500 | |
LD | A | E | yes | 500,000 | 2.7000 | 2.8000 | 2.9000 | 3.0500 | 3.2000 | 3.4000 | |
GT | A | M | yes | 2,500 | 2.4500 | 2.5500 | 2.6500 | 2.8000 | 2.9500 | 3.1500 | |
GT | A | M | yes | 50,000 | 2.5000 | 2.6000 | 2.7000 | 2.8500 | 3.0000 | 3.2000 | |
GT | A | M | yes | 100,000 | 2.5500 | 2.6500 | 2.7500 | 2.9000 | 3.0500 | 3.2500 | |
GT | A | M | yes | 200,000 | 2.6000 | 2.7000 | 2.8000 | 2.9500 | 3.1000 | 3.3000 | |
GT | A | M | yes | 500,000 | 2.6500 | 2.7500 | 2.8500 | 3.0000 | 3.1500 | 3.3500 | |
Sun Life - Insurance | LD | A | A | yes | 5,000 | 2.3000 | 2.5000 | 2.5500 | 2.6500 | 2.8000 | 2.7500 |
Column Heading | Value | Description |
---|---|---|
Compound Frequency | A | Annually |
S | Semi-annually | |
Q | Quarterly | |
BM | Bi-monthly | |
M | Monthly | |
BW | Bi-weekly | |
W | Weekly | |
D | Daily | |
N | Not compounded | |
Payment Frequency | A | Annually |
S | Semi-annually | |
Q | Quarterly | |
BM | Bi-monthly | |
M | Monthly | |
BW | Bi-weekly | |
W | Weekly | |
D | Daily | |
P | Periodically | |
E | At maturity |
A registered retirement income fund (RRIF) is purchased with the proceeds of a registered retirement savings plan (RRSP). RRIFs are interest accruing investment products that provide a minimum periodic income for a predetermined period of time or until all funds are depleted. Due to the product's flexibility, the investor can, in certain cases, request a withdrawal of any amount provided a withdrawal minimum is met on an annual basis. This product is registered for tax purposes, so interest accumulations are not taxed until withdrawn. |
Prepared by CANNEX on April 22, 2025 at 09:00:07 ET. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2025 CANNEX Financial Exchanges Limited. All rights reserved. |