Every month, the Financial Consumer Agency of Canada (FCAC) produces a newsletter with excellent financial tips and information. Seeing as March has been Fraud Prevention Month, here are a few useful articles on how to protect yourself against financial fraud:1 in 3 Canadians are targets of financial fraud during the pandemicUnauthorized credit or debit [...]
Summary for Febuary 2021 Presented by Mackenzie Investments Fixed income investors bruised as global bond yields surge amid increasing confidence for a robust economic rebound in the second half of 2021 Canadian equities deliver strong performance; powered by the cyclical rotation trade and soaring commodity prices US House of Representatives passes President Biden’s US$1.9 trillion [...]
In This Issue: Message from the Executive Director COVID-19 Virtual Donor Wall Wil, a Star-studded Virtual Table Read and Fundraiser A Safe Space to Talk and Connect: Designated Sharing Time Tune in for the Final Show of Big Girl & Friends Season 2 Click here to access the full newsletter.
Making Direct Contributions to Your RRSP or TFSA are Now Even Easier! Most financial institutions have now updated their bill payee list to include Canada Life Group RRSP and Canada Life Group TFSA. This means you can make direct contributions to your RRSP and/or TFSA by setting it up as a bill through your online [...]
When it comes to creating a robust retirement plan, a lot of us tend to put it off. One reason may be because it’s difficult to imagine what life will be like in five, 10, 20 years from now. Another possible reason is that we may become overwhelmed by the amount of information available about [...]
Outside of your RRSP, the TFSA is a great savings tool to help you achieve your short- and long-term goals. For example, let’s say you wanted to travel around Italy for three-weeks sometime in the near future — say, in five years. If you started with an investment of $25 and then added another $25 [...]
Summary for January 2021 Presented by Mackenzie Investments COVID-19 cases decline sharply amidst vaccine rollouts; virus mutations remain a concern Under heavy security post the US Capitol riot, US President Biden takes office: Signs 42 executive orders and proposes a $1.9 trillion fiscal stimulus bill Heavily shorted stocks: GameStop, AMC and Blackberry exhibit extreme volatility [...]
Most financial institutions have now updated their bill payee list to include Canada Life Group RRSP and Canada Life Group TFSA. This means you can make direct contributions to your RRSP and/or TFSA by setting it up as a bill through your online banking. Just search for “Canada Life” in the bill payments section of your bank’s [...]
For those among you that own units in SRI Balanced Fund (GWLIM), CEIRP’s Socially Responsible Investment Option, please be aware that Canada Life has announced that it is changing its name to SRI Balanced Fund (Mackenzie). Why is there going to be a name change? This change is following the completion of the sale of [...]
RSP season means a higher volume of calls to the Canada Life call centre and waiting times to speak to a Client Service Representative may be longer than usual. There are a number of things you can do what you log onto your account including updating contact information and downloading a statement or tax receipt. [...]
