Banking & credit
Guaranteed options for corporate money
Corporate cash with a date attached — a tax instalment, an equipment purchase, a shareholder buyout — belongs somewhere guaranteed and matched to that date.
The options
Terms and daily interest
Business GICs
Short- and long-term GICs for corporate cash that needs to stay safe and dated to a known need.
Learn moreBusiness Investment Savings Account
A daily-interest account for corporate cash held between decisions.
Learn moreBusiness high-interest savings
A high-interest business account for operating cash, corporate reserves and retained earnings.
Learn moreLaddering corporate reserves
Rather than locking everything into one term, we usually ladder GICs so a portion matures each year and the corporation is never forced to break a term early.
Passive income inside a corporation affects the small business deduction. We plan the amount held and the income it generates alongside your accountant, and consider whether a corporately owned permanent policy is a better home for part of the reserve.
Plan your corporate reserves
We look at GICs, investment savings and insurance-based options together.
Banking products are provided by Manulife Bank of Canada. Investco Financial advisors arrange applications and servicing; approval, rates and terms are set by Manulife Bank and are subject to its lending and account criteria.