• Nancy Kaur

    Member
    June 4, 2021 at 12:02 PM

    what is GIC?

  • Navtej Singh

    Member
    June 5, 2021 at 2:55 PM

    what is the minimum GIC requirement?

    • Rajesh Sharma

      Member
      June 6, 2021 at 11:56 AM

      GIC stands for guaranteed investment certificate. It is an investment account that offers a guaranteed interest rate over a fixed period of time. Minimum required is CAD 10000

      • Maninder Singh

        Member
        June 7, 2021 at 10:15 AM

        it is 10,000 cad$. Though sometimes people do transfer upto 50,000 cad$

        • Ranbeer Singh

          Member
          June 9, 2021 at 6:02 PM

          oh really I didn’t know about this. Thanks for the information.

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