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Short-term Business Investment Alternatives
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Through Scotiabank you can access a number of short-term investment vehicles to optimize your surplus funds. Choose from a variety of options including Money Market instruments, GICs or our convenient Business Investment Account.
Government of Canada Treasury Bills
Short-term fixed income securities issued by the Government of Canada.
Provincial Government Treasury Bills & Promissory Notes
Short-term fixed income securities issued by any of Canada’s provinces.
Banker’s Acceptances (BA)
Bills of exchange or commercial draft drawn by a borrower (usually a corporation), guaranteed or “accepted” by the borrower’s bank, for payment on a specified date.
Bank Deposit Notes (BDN)
Short-term deposit notes issued directly by the bank.
Commercial/Financial Paper
Unsecured, negotiable promissory note issued by a corporation for short-term funding.
Scotiabank Money Market GIC
Deposit instrument offered by Scotiabank Financial Group guaranteeing principal investment and predetermined rate of interest for a stated term.
Scotiabank Business Investment Account
A tiered-rate investment account for surplus balances.
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