GICs (Guaranteed Investment Certificates) are a more "conservative" form of investment. Interest rates are guaranteed but such rates are often lower than what could be expected out of more aggressive forms of investment. GICs often require the investor to lock the investment in for a specified period of time. For investors wishing to use their money for a specific purpose within at a certain point in the near future, such as purchasing a house, taking a vacation, or going back to school, GICs may be useful as a fairly safe, interest earning investment.

Below are links to several GIC providers, including such major Canadian financial institutions as Scotiabank, TD Canada Trust, the Bank of Montreal (BMO), the Royal Bank of Canada (RBC), the Canadian Imperial Bank of Canada (CIBC), and ING Direct.

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AMA Financial GICs

ATB GICs

Bank of Montreal (BMO) GICs

Bridgewater Bank GICs

Canadian Tire Financial Services GICs

Canadian Western Bank GICs

CIBC GICs

Community Savings GICs

Edward Jones GICs

HSBC GICs

ICICI Bank GICs

ING Direct GICs

Investors Group GICs

Manulife Investments GICs

President's Choice Financial GICs

ResMor Trust Company GICs

Royal Bank (RBC) GICs

Scotiabank GICs

Sun Life Financial GICs

TD Canada Trust GICs