Talk:Guaranteed Investment Certificate

Reader feedback: Should this page be moved to lower case?
Blbarnitz posted this comment on 22 November 2013 (view all feedback).

"Should this page be moved to lower case?"

Any thoughts?


 * Wikipedia article title is capitalized, Guaranteed Investment Certificate. Other Canadian financial institutions mostly use capitalized, but not 100%. Recommend leaving as upper case. Peculiar Investor 09:27, 24 November 2013 (MST)

I concur. --LadyGeek 19:51, 5 December 2013 (MST)

Reader feedback: More detail on tax treatment...
192.95.142.153 posted this comment on 18 December 2013 (view all feedback).

"More detail on tax treatment. i.e. outside of rrsp/tfsa/rrif/resp taxed on the interest earned, whether actually received in the year or not. fully taxed at marginal tax rate - no favourable treatment like dividends or capital gains."

Any thoughts?

Peculiar Investor 16:18, 18 December 2013 (MST) Thanks, started to add taxation section to address this comment.

Reader feedback: number of dollars invested i...
72.38.249.24 posted this comment on 21 March 2017 (view all feedback).

"number of dollars invested in GIC's in Canadian banks"

I don't think I've ever seen any statistics published with this data. Any thoughts of if/where the statistics could be found? Peculiar Investor 21:01, 22 March 2017 (CDT)


 * Maybe OSFI? Sorry I don't have time to check. --Quebec 19:05, 23 March 2017 (CDT)


 * The closest I could find was Statistics Canada, but there was no detail for GICs. --LadyGeek 13:58, 25 March 2017 (CDT)
 * Since a source cannot seemingly be found and the data wouldn't be static, I'm going to close the Reader feedback as 'Resolved - This was used or considered for the page'. I'm not sure how having the statistic would provide any value to a GIC investor anyways. --Peculiar Investor 15:52, 25 March 2017 (CDT)

Changes to modernize and strengthen CDIC deposit protection now in effect
On April 30, 2020 went into effect. Changes include:
 * Expanded coverage of eligible deposits held in foreign currencies;
 * Extended coverage of eligible deposits with terms greater than 5 years;
 * The elimination of coverage for travelers’ cheques (which are no longer issued by CDIC member institutions).

Some of these limits are mentioned in the lead-in section so an update is probably needed. --Peculiar Investor 16:31, 29 June 2020 (MDT)