Who, What and Why

Forty-plus years ago, Fiscal Agents pioneered a new process for researching Guaranteed Investment Certificates deposit rates.

The year was 1977, and we found a way to obtain direct access to specialized deposit issues from across Canada, giving us unbiased deposit rate comparisons of the best rates from highly rated banks, trust companies, credit unions and insurance companies.

Perhaps you’ve used our interest rate research and not noticed our byline in the Toronto Star or National Post. Editorial and business page editors have included our unbiased and independent interest rate surveys for decades. Their readership, numbering in the millions, has sought out our weekly published surveys and benefited from the comprehensive and timely reporting. Today, you can obtain direct access to research results being collected throughout the day via our deposit placement desk.

Your personal Fiscal Agent is dedicated to:

• answering all your questions.
• offering all the information you need to be an informed buyer.
• diligently shopping for the best prices from within MoneyGuide™ trusted companies that Fiscal Agents represents.
• going to bat for you every step of the way.

Breakthrough technology from Fiscal Agents has helped streamline what can be a lengthy and involved application process. Today, Fiscal Agents is considered Canada’s number one GIC deposit broker agency.

Fiscal Agents works with only highly rated, rock-solid financial Institutions, and actively lobbies governments and their agencies on your behalf.

Fiscal Agents focuses on each client’s individual needs in order to find the investment that suits them best.

Fiscal Agents, as a no-fee deposit broker, only represents companies that have federal (CDIC) or similar provincial deposit insurance coverage such as FSRA in Ontario. That’s the type of guarantee you need.

By offering GICs with fixed term guaranteed deposits from leading financial institutions, we’re able to provide you with the power of independent choice – and the opportunity to select from among their best rates yourself.

Did you know that in 2004, through a successful petition campaign, Fiscal Agents initiated the raising of CDIC limits to $100,000? Here’s a link to the back story if you’d like to learn more about it.

Protecting your personal and financial information is our highest priority. From the time you open an account with us, your money as well as your personal identity will be protected.

Investments:

The term “guaranteed” within Guaranteed Investment Certificate means guaranteed by the issuers. Canada Deposit Insurance Corporation (CDIC), Financial Services Regulatory Authority of Ontario (FSRA) or similar individual provincial deposit insurance issuers insure the deposits of their respective member institutions – Except Manitoba. The basic intent of the insurance is protection against insolvency of the issuer.

Privacy:

Fiscal Agents has developed a strict privacy compliance regime. You can view it within our About Us section.

Website / Browser:

Our website is secured with industry-leading SSL (Secure Socket Layer) certificates, making it nearly impossible for unauthorized individuals to intercept, read or alter your online communications and transaction records.

Online Statements and Account Records:

When activated and avaiable: every time you use our online statements or private notices, you will need to enter your unique username and password, which ensures only you can log into your account information. Any change of either the username or password will automatically trigger a message to the original email address we have on file to ensure you are notified. (On occasion, and randomly, we may also contact you by phone.)

Always keep in mind that we will never contact you and request either your username or password, so be sure to never share your login information with anyone.

Fiscal Agents will never share, sell or lend any of your personal information.

Every year, millions of Canadians settle for inferior deposit rates at one of the local major banks. They are making a mistake.
What makes matters worse is that a great number of those people are unaware that higher deposit rates are available from other local financial instructions, with the same CDIC deposit or provincial protection schemes as the big guys.
Making the wrong choice can mean missing out on hundreds, if not thousands, of dollars more when higher-reward GICs are available.

Fiscal Agents Deposit Placement Services provides you with products from banks, trusts or credit unions that best suit your needs. Thanks to our independent and unbiased approach to securing quotes based on your individual requirements, you can rest assured that you’ll receive the greatest amount of interest for the least amount of money.

Given that the same deposit insurance coverage for your fixed term deposit is available from all issuers, the next question is then the most important – what is the best rate of return? Even if you have a great relationship with your bank, it’s a good idea to check out all your options first.

Here’s an example of how you can benefit:

A recent study provided evidence that over a 15-year time frame, the big banks were posting a five-year rate of 1.75% interest paid annually. That’s only $840 on a $25,000 investment. Fiscal Agents as a wholesale deposit broker could offer the very same type of GIC with a higher rate. It’s the very same investment certificate, carries the same CIDC insurance, but has a rate of 2.60% per annum – that equates to $1,013 per year to the investor’s benefit.

That same study reported the average investor can earn 32% more using Fiscal Agents No-fee Deposit Placement Services per year by MoneyGuide™ comparison shopping.

As a running comparison of the interest rate spread (review here) Matt add link or provide data from RDBA average chart

To compare what’s on offer, click our Live Interest Rate Comparison Calculator that uses current rates from the banks, or check out our range of daily-updated interest rate tables.

So don’t be just another sad statistic – contact Fiscal Agents, which makes finding the best rates as easy as can be.

With Fiscal Agents, you can easily compare plans and prices from a large scope of renowned financial institutions.

Why switch? The obvious reason is to save money through higher rates and maximizing future income. We know there are many other income solutions in the marketplace. But in a world of change, for most people, stability, growth and guaranteed security matter. Combined with even more choices, it’s easier than you think.

We make transferring your registered retirement plans to higher-pay GICs far easier than doing it yourself. With a Fiscal Agents personal investment planner on your side, directing the paperwork to the right departments and guaranteeing the transfer rate are only some of the ways you’ll benefit. We’ll also be mindful of transition issues related to RRSP conversions to RIF or annuities. Without special consideration of government regulations you can easily go wrong.

Fiscal Agents professionals will guide you through the entire process. Don’t hesitate to ask questions either, because we want you to be an informed investor.

It’s why we started Fiscal Agents Deposit Placement Service in 1977 and pioneered comparison rate shopping.

Fiscal Agents represents enterprise, prudence and integrity. “Fiscal” stems as far back as the Roman Empire as the originating word “Fisc” meant state purse. Modern day usage describes the function as acting on behalf of families, individuals and corporations. Today we offer every-day investing through such products as savings accounts, fixed term GICs, retirement accounts and tax free savings accounts, meeting the needs of today’s and tomorrow’s conservative consumers. Fiscal Agents symbolizes strength, stability, security and transparency, reflecting our straightforward, approachable personality.

Fiscal Agents isn’t your typical investment firm or a bank. We don’t have thousands of expensive brick-and-mortar branches – instead, our business model reflects our independence and commitment to act impartially to your benefit. One way we do this is by securing GICs that provide you with better rates without charging you unfair fees.

Life is busy and complicated enough, right? No one wants their investments to be one more complication to worry about. Your money should work as hard as you do, and you shouldn’t have to work hard to make that happen. That’s why we make it simple for you to save and earn more, with simple and understandable products and easy-to-read transaction reports, making it a simple consideration to purchase all of your guaranteed deposits with us.

All those years ago, Canadians had no real choice in banking. The big banks all offered pretty much the same thing – low interest, with high fees and service charges. We knew we could give Canadians a better option. And we have.

Our alternative to traditional banking methods reflects what a large number of Canadians prefer in today’s world. Many Canadians understand that safe, secure and innovative investing can be done in a more direct way. Because our vision so closely aligns with these Canadian values, we remain the premier deposit placement service in Canada.