Protected deposits, stronger returns

Maximize your savings with deposit insurance coverage and the best GIC rates in Canada

When it comes to your hard-earned savings, safety isn’t optional – it’s essential. And you shouldn’t have to sacrifice a strong return to feel secure. That’s where deposit insurance protection, guaranteed returns, and independent Deposit Brokers come together to work for you.

Welcome to the simplest, safest way to earn more on your money.

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A safe, guaranteed way to grow your savings

A Guaranteed Investment Certificate (GIC) is one of the safest places Canadians can put their money. Here’s why:

Your principal is guaranteed

Your initial investment is 100% secured.

Your interest is guaranteed

You lock in a fixed rate of return for the entire term (from 30 days to 5 years or longer) giving you a stable, predictable income stream.

Your coverage is guaranteed

Eligible GICs solicited by Deposit Brokers are insured by the Canada Deposit Insurance Corporation (CDIC) or a provincial deposit guarantee program such as the Financial Services Regulatory Authority of Ontario (FSRA).

If you value stability over market ups and downs, and want an investment that provides a safe, steady income stream, the GIC is your foundation.

How does deposit insurance work?

Why do GICs matter in your retirement planning?

As we age, market swings become harder to stomach. GICs help you protect your savings while generating consistent, predictable income when you need it most.

With GICs, you can:

  • Add stability to a diversified portfolio with secure, guaranteed returns.
  • Earn reliable, guaranteed interest that supplements your fixed income.
  • Choose when you receive income (monthly, quarterly, annually, or at maturity) so your cash flow fits your budget.
  • Create money-when-you-need-it flexibility through a GIC ladder, giving you access to maturing funds every year.
  • Add stability to a diversified portfolio with secure, guaranteed returns.
  • Preserve your capital while still earning a competitive rate

Working for you, not a bank

A rate-shopping, deposit insurance maximizing expert

With a Deposit Broker, you get higher rates, insured protection, and expert support with no fees, no commissions, and no surprises.

Here’s what a Deposit Broker can do for you:

Search Canada-wide for the best GIC rates

from multiple banks, credit unions, and trust companies.

Help you maximize CDIC or provincial insurance coverage

by spreading deposits across multiple institutions.

Provide personal, unbiased guidance

on maturities, laddering strategies, and reinvestment planning.

Act as a one-stop shop

many brokers are also licensed for life insurance, mutual funds, and financial planning.

Cost you nothing

deposit Brokers are paid by the financial institutions, not by you.

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Your deposit insurance guarantee

Deposit Insurance Protection and Provincial Deposit Insurance: the cornerstone of GIC safety

Deposit insurance is what makes GICs one of the safest investments in Canada. Both CDIC (Canada Deposit Insurance Corporation) and provincial deposit guarantee programs protect your eligible deposits if a financial institution fails.

  • Covers up to $100,000 per depositor, per insurance category, per institution (principal + interest).
  • Many Canadians qualify for multiple categories, offering protection well beyond $100,000.
  • Coverage is free and automatic.
  • CDIC protects eligible deposits at banks, federal credit unions, and trust/loan companies.

Programs vary by province, but many offer equal or higher protection than CDIC.
Examples include:

  • FSRA (Ontario): Deposit Insurance Reserve Fund
  • CUDGC (Manitoba): 100% unlimited guarantee
  • DGCM (Saskatchewan)
  • CUDIC (BC)

Your Deposit Broker helps you use the right combination of institutions to keep every dollar insured.

  • Distribute your GICs across multiple CDIC-member institutions
  • Structure your portfolio to maintain 100% coverage
  • Keep track of maturity dates and reinvestments
  • Ensure you never unintentionally exceed CDIC limits

You get complete peace of mind – not just the best rate, but the right structure to keep every dollar protected.

In addition to CDIC, every province has its own credit union deposit guarantee system. Many offer coverage that is equal to (or even higher than) CDIC limits.

Your Deposit Broker will help you navigate these options to build a secure, properly insured portfolio.

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Canadians trust RDBA deposit brokers

And you should too

RDBA members are vetted, trained, and tested to follow strict professional and regulatory standards – all to protect your savings and ensure you’re working with a true expert.

Working with an RDBA Deposit Broker gives you:

  • Access to top GIC rates across Canada
  • CDIC/provincial deposit insurance optimization
  • No-cost service: the institution pays, not you
  • A certified, knowledgeable professional focused on your safety, income needs, and long-term financial wellbeing

Ready to find the best rates with 100% security?

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