U.S. Dollar Term Deposits can be an excellent investment choice for your short-term savings goals. They offer a competitive interest rate that is guaranteed for the term of the deposit. There is no withholding tax on interest income for non-residents.
Minimum Investment
Term
Non–registered
$5,000
30 to 369 days
Cashability:
Cashable with no interest prior to maturity
In full, or partial while maintaining the minimum investment amount
Interest Payment Options:
Paid at maturity
Registered (RSP)
$100,000
1 to 369 days
Cashability:
Cashable with no interest prior to maturity
In full, or partial while maintaining the minimum investment amount
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