Today's Best GIC Rates

December 9, 2016

arrow up1 Year2.10%
arrow up2 Year2.12%
arrow up3 Year2.17%
arrow up4 Year2.21%
arrow up5 Year2.32%
arrow upCashable1.25%

How We Do It

How We Do It

We offer some of the best GIC
rates in Canada while ensuring the safety of your investments.

Tell Me More

Who We Are

Who We Are

Our mission is to educate our
clients so we can work together to achieve your financial goals.

Learn More

Buy Your GIC Now

Buy Your GIC Now

Now you trust us,
here is how you can participate
in our best rates.

Buy Now

Latest News

December 5, 2016 at 11:37 am | by Alex Preswick

Read More

Do You Need Individual Life Insurance?

Boomer + Sandwich Generation + Club Sandwich + Boomerang = Financial Instability

Canadians may need to rethink their risk management

In a recent study conducted by the Life Insurance and Market Research Association (LIMRA), it was reported that 61% of Canadians hold some form of life insurance. Surprisingly, it also revealed that only 38% of Canadians own an individual life insurance contract. In another study of middle class Canadians, Manulife reported that 79% had no individual disability insurance and 87% had no individual critical illness coverage. What both of these studies conclude is that most Canadians rely heavily on their group benefits for their family’s insurance protection.

Boomer + Sandwich Generation + Club Sandwich + Boomerang = Financial Instability

The Sandwich Generation was a term coined by Dorothy Miller in 1981 to describe adult children who were “sandwiched” between their aging parents and their own maturing children. There is even a term for those of us who are in our 50’s or 60’s with elderly parents, adult children and grandchildren – the Club Sandwich. More recently, the Boomerang Generation (the estimated 29% of adults ranging in ages 25 to 34, who live with their parents), are adding to the financial pressures as Boomers head into retirement. It is estimated that by 2026, 1 in 5 Canadians will be older than 65. This means fewer adults to both fund and provide for elder care. Today, it is likely that the average married couple will have more living parents than they do children.

October 5, 2016 at 11:17 am | by Alex Preswick

Read More

The Single Premium Insured Annuity

The Single Premium Insured Annuity

Available until January 1, 2017 - A New Approach

A new method of structuring an insured annuity has restored its favourable results. The new approach involves combining the prescribed annuity with a Universal Life policy. • The UL policy is funded with a single deposit to provide lifetime coverage. • The remaining capital is then used to purchase the prescribed life annuity. • On the death of the insured/annuitant, the annuity income ceases • The Universal Life policy now returns the full amount of the capital to the intended beneficiaries.

September 2, 2016 at 10:34 am | by Alex Preswick

Read More

The Clock is Ticking!

The Clock is Ticking!

Don’t Put Off Your Decision to Buy Life Insurance

2016 is an opportune year to buy life insurance. New laws affecting the taxation of life insurance come into effect on January 1, 2017. After this date new policies will not perform as well as they do currently. The good news is that the proceeds of life insurance policies paid at death still remain tax free. What has been affected is the amount of cash value that may accrue in a policy and the tax-free distribution of death proceeds from a life insurance policy owned in a corporation.

Does Your Business Qualify?

As a business owner, you may be aware that when you dispose of shares in your business you could receive an exemption on all or a portion of the capital gains that ordinarily would be taxable. This is due to the Lifetime Capital Gains Exemption which says that, for 2016, up to $824,176* of capital gains is exempt from taxation. The Lifetime Capital Gains Exemption (LCGE) is available to individuals who are disposing of or deemed to have disposed of: