…Savings Account, Registered Retirement Savings Plan, and the First Home Savings Account. These are cash accounts, which means you use funds you already have available. For many people, one of…
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What is tokenization?
…bond, real estate interest, artwork, or another type of financial asset. Through the tokenization process, rights to such assets are contained in a digital record, known as a token. The…
How to know when it’s time to change your financial advisor
…why your current advisor relationship isn’t working out. Consider if this is something that you’ve been thinking about for a while, or due to something more sudden. For example, you…
8 questions to ask an advisor
…clients like me? How long have you worked with most of your clients? What results have you achieved for clients like me? May I contact a few clients you’ve worked…
Service expectations of financial advisors
…“gold star service” for each. Use this list when working with a financial advisor to ensure you get a level of service you deserve and are satisfied with. Service: Providing…
Understanding key features in banks’ debt and preferred share offerings
…NVCCs Lower credit ratings. Because of their hybrid structure, NVCCs have lower credit ratings than otherwise identical preferred or subordinated securities that do not have a risk of equity conversion….
How to avoid tax penalties and fees
…benefits such as the GST/HST credit or Canada Child Benefit. You can find information about your tax return and benefits in your CRA MyAccount. If you have not signed up…
10 reasons to read the notes to financial statements
…such as: terms on outstanding debt (e.g., interest rates, repayment periods, conversion features) access to unused credit (e.g., lines of credit) assets pledged as security how the recorded debt amount…
How your investments are protected at financial institutions
When you deposit money in a bank, credit union or other financial institution, you want to know your money is safe. Canada has a well-regulated financial services sector. In the…
OSC Seniors Strategy Updates
…which we work with older investors. We have partnered with Elder Abuse Prevention Ontario to deliver training and education to our staff members who interact with older individuals, such as…