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GICs are similar to certificates bank and earn interest on that money. Investopedia requires writers to use.
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GICs are similar to certificates bank and earn interest on that money. Investopedia requires writers to use.
GIC pros Low risk. Book an appointment. You can also work with an RBC advisor to help you choose the right investment that best fits your objectives. The financial institution that issues the GIC then takes that money and lends it to its customers at a higher rate of interest , such as through a mortgage or line of credit � this is how you and the financial institution both end up making money on your GIC investment.
