Guaranteed investment certificate

A guaranteed investment certificate (GIC, French: certificat de placement garanti, CPG) is a Canadian investment that offers a guaranteed rate of return over a fixed period of time, most commonly issued by trust companies or banks.^[1] Due to its low risk profile, the return is generally less than other investments such as stocks, bonds, or mutual funds. It is similar to a time or term deposit as it is known in other countries.^[2]

^ Dan Fournier (20 March 2008). The Young Investor: The North American Guide to Investing Online. Dan Fournier. p. 94. ISBN 978-1-4251-5212-3. Retrieved 19 April 2012.
^ Bryan Borzykowski; Andrew Bell; Matthew Elder; Andrew Dagys; Paul Mladjenovic; Michael Griffis; Lita Epstein; Christopher Cottier; Ann C. Logue; Douglas Gray; Peter Mitham (23 February 2012). Building Wealth All-in-One For Canadians For Dummies. John Wiley & Sons. p. 28. ISBN 978-1-118-22393-2. Retrieved 19 April 2012.

[Dan2008-1] Dan Fournier (20 March 2008). The Young Investor: The North American Guide to Investing Online. Dan Fournier. p. 94. ISBN 978-1-4251-5212-3. Retrieved 19 April 2012.

[Bryan2012-2] Bryan Borzykowski; Andrew Bell; Matthew Elder; Andrew Dagys; Paul Mladjenovic; Michael Griffis; Lita Epstein; Christopher Cottier; Ann C. Logue; Douglas Gray; Peter Mitham (23 February 2012). Building Wealth All-in-One For Canadians For Dummies. John Wiley & Sons. p. 28. ISBN 978-1-118-22393-2. Retrieved 19 April 2012.

[1]

[2]