Troubleshooting

Thanks for the reply to my question.

The T5 slip only shows the entire amount of the interest that was earned for the entire 5-year period of the investment. I talked to my advisor from the bank; he said that a market-lined GIC was different then other types of GICs ("it's not really a GIC") and that the interest is only determined once at the end of the GIC's period based on the results of the "market" that it was linked to. So the performance at the end of the period is compared to the start of the period and that's your earnings.

Apparently all the available information about normal GICs isn't helpful for market-linked GICs.

Has anyone else in the community had personal experience with this and been able to find out a way to spread the earnings out over the time period of a market-linked GIC. I know it would have to involve updating the last 5 years and the government likely isn't interested in the extra work involved.

As a side note my advisor said that the bank no longer offers these GICs so maybe they weren't well received because of this problem with the earnings!