Canadian Money Forum banner

1 - 4 of 4 Posts

·
Registered
Joined
·
3,204 Posts
I bought a 1yr GIC issued by vancity. 2,25% January 18th, 2021. Couldn't find anything wrong really, except not insured by CDIC.
 

·
Registered
Joined
·
10,044 Posts
Only that VanCity may be devastated by loan losses due to the current debacle. They may well be bulking up on liquidity for the inevitable losses to come later this year.

As you noted, BC CUDIC is your backstop.
 
1 - 4 of 4 Posts
Top