Condominiums

• Efficient Account Management:
  Simplify the account opening process with minimal documentation requirements. Get started quickly and efficiently without the hassle of extensive paperwork.
  
  Our platform minimizes the need for extensive documentation, allowing your condominium to focus on what matters most—managing and growing your reserve funds.
• Higher Yield Portfolio
  Take advantage of our constantly updated GIC portfolios, tailored to provide the highest yields in the market. Ensure your condominium’s funds are always working to achieve maximum returns.
  
  We specialize in constructing portfolios that meet the unique financial needs of condominiums, optimizing yields while maintaining security and liquidity.
• Enhanced Visibility and Control
  Gain full visibility of your investment portfolio in real-time. Our platform allows you to monitor your investments 24/7, ensuring you are always informed and in control.
  
  Transparency for Stakeholders: Provide detailed, real-time reports for the board of directors, property management teams, and auditing firms. Ensure all stakeholders have the information they need for effective decision-making.
  
  Receive timely notifications about upcoming GIC maturities, ensuring you can reinvest funds promptly to maintain continuous growth.
• Complete Capital Security
  Let us show you how to build a higher-yielding condominium reserve fund. We specialize in constructing experienced portfolios for condominium reserve funds and private corporations.
  
  Rest easy knowing that your reserve funds are fully insured by federal and provincial programs, providing unparalleled security for your capital reserves.
• Unparalleled Flexibility
  Tailor your GIC investments to match your condominium’s unique cash flow needs and financial goals. Adjust your portfolio as your requirements evolve.
  
  Access redeemable GICs that offer attractive rates and the flexibility to access funds if needed, without compromising on returns.
• Seamless Integration with Existing Financial Systems
  Easily link your condominium’s bank accounts to GIC Simple for seamless electronic funds transfers (EFT). Manage your investments directly from your existing financial setup.
  
  Enjoy the convenience of fully digital transactions, eliminating the need for traditional paper-based processes and reducing administrative burdens.
• Dedicated Support and Expertise
  Benefit from our team’s expertise in managing condominium reserve funds. Receive personalized support and advice tailored to your investment strategy.
  
  Our customer support team is always available to assist with any questions or concerns, ensuring a smooth and efficient investment experience.

How does GIC Simple deliver higher yields?

Smaller banks, trust companies and credit unions have lower operating costs and they pass on the savings to depositors in the form of higher rates. GIC Simple intelligently optimizes the interest rate paid on your cash each day by searching for the best prevailing rates and gives you the convenience of transacting on a single convenient portal. GIC Simple members typically earn 1.2% to 2.0% more than they currently do at the traditional major Canadian “bricks and mortar” banks.