Canada GIC update

January 3, 2024

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The GIC amount has been revised to CAD 20,635$ & the breakup will be as follows:

  • 30% amount will be disbursed as the first payment when you activate your GIC.
    i.e CAD 6,190.5
  • The rest 70% will be disbursed in 11 equal installments every month after i.e. CAD 1313