Laurentian Bank launched its Blue Chip ActionGIC with a two-year term and return potential of 8%. The Blue Chip ActionGIC enables investors to benefit from the growth of Canada's best publicly listed companies, while guaranteeing the initial sum invested. The principal advantage of the Blue Chip ActionGIC is its superior rate of return, able to reach a maximum of 8%, its guaranteed capital and short two-year term.

In addition to being an interesting RRSP investment product, it is also an excellent TFSA investment product. Given its short term, it can also be used as a savings vehicle for upcoming projects or purchases. The Laurentian Bank's various Blue Chip ActionGICs are offered in either two-, three- or five-year terms. Anyone interested can consult a branch advisor to learn more about this offer.