| What
GICs can add to your investment plan |
 |
|
 Often
overlooked or under-appreciated, Guaranteed Investment Certificates (GICs) offer
unique benefits and play an important role in many investment plans. On their
own, they provide security and predictable income. As part of a diversified portfolio
they also deliver stability and growth, especially when interest is compounded
within tax-sheltered plans such as RRSPs, RRIFs and LIFs.
Use the Read More
link to view the complete article. |
| How
should you invest during a Bear Market? |
|
|
 Newspapers
around the world are currently full of talk about bear markets. Investors are
confused and continue to ask us what they should be doing in these times. In our
view, a downturn in the markets is not unusual, and in fact, presents a great
opportunity for investors.
Use the Read More
link to view the complete article. |
| Don't
add you the loss of your Laptop to this summers memories |
|
|
 As
a reminder as summer approaches: as you travel to the cottage or elsewhere on
vacation with the laptop please take precautions against loss. As I found out
recently many home/business policies insure your laptop against theft and fire
but they require proof of ownership and providing your insurance carrier with
up-to-date information about your laptop computer.
Use the Read More
link to view the complete article. |
| Amnesty
International welcomes Gitmo acrylic |
|
|
 The
human tragedy that is Guantanamo Bay has inspired Burlington, Ont. artist David
J. Newman to donate one of his prized acrylic paintings to Amnesty International.
The work, entitled Gitmo, nay forever, will hang in the Canadian
headquarters of Amnesty International in Ottawa.
Use the Read
More link to view the complete article. |
| The
new RDSPs |
|
|
 Registered
Disability Savings Plans (RDSPs) were first proposed in the March 2007 federal
budget, they were set to be available for the first time in 2008, and yet nearly
halfway through the year you still can't open one for a disabled beneficiary.
So what's the holdup?
It's not the legislation itself, which was actually passed into law late last
year, but rather the enormous complexity financial institutions and Human Resources
and Social Development Canada (HRSDC) face when establishing the plans, the infrastructure
and systems programming that will be needed to track not only contributions, but
the government bonds and grants as well.
Use the Read More
link to view the complete article. |
|
|
 |
Today's
Market Rates |
|
|
| |
Taken from the FiscalAgents.com
Money Centre, as of 5/22/08
| Term
Deposits |
3.30%
|
Annually,
180-269
Days, $25,000 |
| GICs |
4.65%
|
| Annually,
5 Year, $5,000 |
| Maximum
Rate |
4.65%
|
| Annually,
5 Year, $25,000 |
| RRIFs |
4.75%
|
| Annually,
10 Years, $50,000 |
| RRSPs |
4.65%
|
| Annually,
5 Year, $5000 |
| Savings
a/c |
3.00%
|
| Daily |
|
Click the link below to view our best-offered rate table.
|
|
|
|
|
|
 |
|
Mutual
Fund Statistics:
April 2008 |
|
|
|
| Assets
under management: |
| $705.2
billion |
| Net
sales (excl.reinv.distr.): |
| $560.8
million |
| Fund-on-Funds
Assets under management: |
| $112.8
billion |
| Fund-on-Funds
Net Sales (excl.reinv.distr.): |
| $549.3
million |
|
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