A Guaranteed Investment Certificate (GIC) is exactly that; a guaranteed investment, maturing at a specified time. Also known as a fixed income security - your income stream is known, as is the maturity date, and value of the investment. A pretty safe bet. Most investors today have used GICs at one time or another to round out their portfolio.
Allen Insurance Group boasts the best GIC rates. Research and access to major financial institutions guarantees those rates that are passed on to you.