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GIC 2022 rate change
February 17, 2022
8:43 am
Jim Sherat
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I'm not sure which member(s) regularly updates this forum's GIC Chart, but they may want to review Meridan. It's the 4yr rate that was raised to 2.60%, not the 5yr rate.
https://www.meridiancu.ca/personal/investing/products-and-account-types/fixed-rate-gics

I got a little excited there for a minute, thinking I might just call them and use the 1st [of 2] options to Raise The Rate, on my existing 5yr TFSA GICs. 😉

February 18, 2022
9:38 am
hwyc
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Peter, looks like there is a glitch in the daily update script. It appears the 2nd 1-yr GIC rate caused misalignment with the 5y rate being pushed out of the chart.

February 18, 2022
9:56 am
Peter
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Sorry for the mistake and thanks for catching that! It should be fixed now: https://www.highinterestsavings.ca/gic-rates/

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