from my understanding redeemable gic's give you the ability to take the money out before the term maturity. however are you penalized for redeeming early? say if you take out the 2 year redeemable gic 12 months from maturity how much penality are you paying if any?


furthermore, GIC's versus govt/provincial bonds? whats the difference? whats a good source to read up the difference between corporate vs govt bonds vs gic's? thanks a bunch