Term Deposit Rates

Rates apply to both registered and non-registered deposits. All term deposits are non-redeemable prior to maturity. For more information, contact termdeposits@mcanmortgage.com or click on Term Deposit Overview. Rates are current as of the date shown below and are subject to change without notice. MCAN term deposits are licensed for sale to residents of Ontario, Manitoba, Saskatchewan, Alberta, British Columbia and Newfoundland.

Short Term Current Term Deposit Rates Effective Date: Wednesday, July 21, 2010 Interest options: payment at maturity only.
Term	$10,000 - $24,999	$25,000 - $99,999	$100,000+
30-59 Days	0.10%	0.20%	0.30%
60-89 Days	0.10%	0.20%	0.30%
90-119 Days	1.00%	1.10%	1.20%
120-179 Days	1.00%	1.10%	1.20%
180-269 Days	1.30%	1.40%	1.50%
270-364 Days	1.30%	1.40%	1.50%

Long Term Current Term Deposit Rates Effective Date: Wednesday, July 21, 2010 Interest options: annual payment or annual compound
Term	$5,000 - $24,999	$25,000 - $99,999	$100,000+
1 Year	1.75%	1.80%	1.85%
1 1/2 Years	1.75%	1.80%	1.85%
2 Years	2.40%	2.45%	2.50%
2 1/2 Years	2.40%	2.45%	2.50%
3 Years	2.00%	2.05%	2.10%
3 1/2 Years	2.00%	2.05%	2.10%
4 Years	2.00%	2.05%	2.10%
4 1/2 Years	2.00%	2.05%	2.10%
5 Years	2.00%	2.05%	2.10%