About Effort Trust
The Effort Trust Company is a privately held trust company established in 1978 and headquartered in Hamilton, Ontario, specializing in retail deposits, residential and commercial mortgage lending, and real estate asset management. It offers GICs, term deposits, RRSPs, RRIFs and savings accounts through its offices and deposit brokers. It is a CDIC member institution, so eligible deposits are federally insured.
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Access: Open to all Canadians
Eligible provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon
How to join: Open deposit products directly through its Hamilton or Toronto Financial Services offices.
Deposit protection: Canada Deposit Insurance Corporation
$100,000 per insured category per member institution
Current top rates
data as of 2026-10-16 · posted rates confirmed as of 2026-10-15| GIC ladder | Best rate |
|---|---|
| 1-year GIC | 2.50% |
| 2-year GIC | 3.70% |
| 3-year GIC | 2.60% |
| 4-year GIC | 2.60% |
| 5-year GIC | 2.60% |
Base ladder rates. Institution may have more term rates below.
GIC rate history
Best historical posted GIC rate by term
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Tracked since Jul 16, 2026 · 34 snapshots
Term deposit rates
— not stated on siterates confirmed as of 2026-10-15Filter rates
| Term | Registration | Redeemable | Compounding | Interest paid | Min–Max deposit | Rate |
|---|---|---|---|---|---|---|
| Short-term — under 1 year | ||||||
| 30–364 days | Non-reg | N | — | At maturity | — | 2.00% |
| Long-term — 1 year + | ||||||
| 1 year | RRSPRRIF | N | Annually | At maturity | — | 2.50% |
| 1 year | Non-reg | N | — | At maturitySemi-annuallyMonthly | ——— | 2.50%2.40%2.30% |
| 1 year | Non-reg | cashable | — | At maturity | — | 2.25% |
| 2 years | RRSPRRIF | N | Annually | At maturity | — | 3.70% |
| 2 years | Non-reg | N | — | At maturitySemi-annuallyMonthly | ——— | 3.70%3.60%3.50% |
| 3 years | RRSPRRIF | N | Annually | At maturity | — | 2.60% |
| 3 years | Non-reg | N | — | At maturitySemi-annuallyMonthly | ——— | 2.60%2.50%2.40% |
| 4 years | RRSPRRIF | N | Annually | At maturity | — | 2.60% |
| 4 years | Non-reg | N | — | At maturitySemi-annuallyMonthly | ——— | 2.60%2.50%2.40% |
| 5 years | RRSPRRIF | N | Annually | At maturity | — | 2.60% |
| 5 years | Non-reg | N | — | At maturitySemi-annuallyMonthly | ——— | 2.60%2.50%2.40% |
No rates match these filters.
Savings & chequing rates
rates confirmed as of 2026-10-15Filter rates
| Type | Product | Calculated | Paid | Min. balance | Rate |
|---|---|---|---|---|---|
| Chequing | |||||
| Chequing | Daily Interest Chequing/Savings Account | — | — | $0 | 1.00% |
| Chequing | Daily Interest Chequing/Savings Account | — | — | $1,000 | 1.00% |
| Chequing | Daily Interest Chequing/Savings Account | — | — | $5,000 | 1.00% |
| Chequing | Daily Interest Chequing/Savings Account | — | — | $10,000 | 1.00% |
| Chequing | Daily Interest Chequing/Savings Account | — | — | $25,000 | 1.25% |
No rates match these filters.
Mortgage rates
data as of 2026-10-16 · posted rates confirmed as of 2026-10-15Filter rates
| Term | Type | Open / closed | Insured | Posted rate |
|---|---|---|---|---|
| 6-month | Fixed | Open | No | 7.50% |
| 1-year | Fixed | Open | No | 7.50% |
| 6-month | Fixed | Closed | No | 5.20% |
| 1-year | Fixed | Closed | No | 5.20% |
| 2-year | Fixed | Closed | No | 5.30% |
| 3-year | Fixed | Closed | No | 5.40% |
| 4-year | Fixed | Closed | No | 5.50% |
| 5-year | Fixed | Closed | No | 5.50% |
No mortgage rates match these filters.
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