GIC Ladder Builder (2026)
What is a GIC ladder? Split your investment across 1-, 2-, 3-, and 5-year GICs. Each year, one GIC matures — giving you liquidity and the option to reinvest at whatever rate is best at that time.
Enter your total investment and we'll split it across terms, showing you projected interest using current Bank of Canada reference rates.
GIC Ladder Builder
Rates pre-filled from Bank of Canada — edit as needed
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Split by term
= $10,000
= $10,000
= $10,000
= $10,000
| Term | Principal | Rate | Interest Earned | Matures | Value at Maturity |
|---|---|---|---|---|---|
| 1-Year | $10,000 | 2.45% | +$245 | 2027 | $10,245 |
| 2-Year | $10,000 | 2.52% | +$504 | 2028 | $10,504 |
| 3-Year | $10,000 | 2.52% | +$756 | 2029 | $10,756 |
| 5-Year | $10,000 | 2.75% | +$1,375 | 2031 | $11,375 |
| Total | +$2,880 | $42,880 | |||
Why Build a GIC Ladder?
A GIC ladder solves the classic dilemma: long-term GICs pay higher rates but lock your money up. Short-term GICs are liquid but pay less. By splitting across multiple terms, you get the average of all rates while ensuring a portion matures every year.
In a falling rate environment (like 2024–2026), a ladder also protects you from reinvesting 100% of your capital at a lower rate — only a portion renews each year.
Rates shown are Bank of Canada posted rates for reference. Individual institutions (especially digital banks like EQ Bank) may offer significantly higher rates. GICs are CDIC-eligible up to $100,000 per depositor per category. Early redemption penalties may apply.