CIBC Variable Rate GIC: The interest rate fluctuates with CIBC’s prime rate. CIBC EasyBuilder GIC: Ladder your GICs , so your investments aren’t all locked in on the same term.

CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 50 basis points from 5.95 per cent to 5.45 per cent, effective Thursday, December 12, 2024.

The site shows Canada’s big six banks don’t offer the same returns, however, as CIBC, TD Bank and the Bank of Montreal are each offering 5.35 per cent interest rates. The difference between Oaken’s ...

When I did this search earlier in the week, the deals available from Canadian Imperial Bank of Commerce included a promotional 4.5-per-cent rate on a one-year CIBC Bonus Rate GIC, which compared ...

CIBC declined to comment on the April 6 letter, but it clearly removes the conditions that would allow clients to redeem a non-registered GIC at no cost. Mr. Pilloud wasn’t the only one who ...

Guaranteed Investment Certificates (GICs) have become more attractive recently. They now offer an interest income of over 5% for holding it for a year. Investors would argue that it still doesn’t beat ...

Data shows GICs and High Interest Savings ETFs have gained in popularity among investors amid higher interest rates. · Geoff Small via Getty Images Market data show investors are flocking to ...

Home News Research and Markets Sluggish loan growth eats into CIBC’s Q2 profits in the wake of five rate hikes. Sluggish loan growth eats into CIBC’s Q2 profits in the wake of five rate hikes. Retail ...