About MCAN Financial Group
MCAN Mortgage Corporation, doing business as MCAN Financial Group, is a Toronto-based, federally regulated mortgage investment corporation founded in 1991 and listed on the TSX. It operates through MCAN Home (residential mortgages), MCAN Capital, and MCAN Wealth, which funds the business by issuing CDIC-insured GICs and term deposits. Governed by the Trust and Loan Companies Act and supervised by OSFI.
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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: Buy MCAN Wealth GICs through a registered deposit broker or directly online.
Deposit protection: Canada Deposit Insurance Corporation
$100,000 per insured category per member institution
Current top rates
rates confirmed as of 2026-09-30| GIC ladder | Best rate |
|---|---|
| 1-year GIC | 3.90% |
| 2-year GIC | 4.20% |
| 3-year GIC | 4.30% |
| 4-year GIC | 4.30% |
| 5-year GIC | 4.35% |
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 2026-09-30Filter rates
| Term | Registration | Redeemable | Compounding | Interest paid | Min–Max deposit | Rate |
|---|---|---|---|---|---|---|
| Long-term — 1 year + | ||||||
| 1 year | Non-reg | N | — | At maturity | — | 3.90% |
| 2 years | Non-reg | N | — | At maturity | — | 4.20% |
| 3 years | Non-reg | N | — | At maturity | — | 4.30% |
| 4 years | Non-reg | N | — | At maturity | — | 4.30% |
| 5 years | Non-reg | N | — | At maturity | — | 4.35% |
No rates match these filters.
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