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What are the benefits of investing in a GIC?

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A GIC is a secure investment product, where both the principal and interest are guaranteed for the term of the investment at a competitive interest rate.

GIC deposits are eligible for deposit insurance from CDIC, subject to maximum coverage limitations. For more information, go to CDIC.

† Simplii Financial personal banking services are provided by the direct banking division of CIBC. Banking services not available in Quebec.
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