How are investors protected in Canada? Canadians generally have two sources of account protection in Canada: the Canada Deposit Insurance Corporation (CDIC) and the Canadian Investor Protection Fund (CIPF). Both are intended to maintain investor confidence in the Canadian financial system. In this article, we explain the role of the CDIC and CIPF and the kind of protection each offers.
An Investment Policy Statement (IPS) is a crucial, client-specific document developed between you and your portfolio manager. It documents your financial objectives, constraints, unique circumstances and overall governance procedures, all of which are to be applied to the investment related activities carried out on your behalf by your portfolio manager.
With our increasing exposure to multiple internet and social media portals, our vulnerability to investment scams is magnified. If an investment opportunity sounds too good to be true, then it almost certainly is. Read this article and increase your awareness of investment opportunities that just may be scams.
Scammers are becoming more and more sophisticated. While you can’t always prevent financial scams from targeting you, you can take steps to protect yourself from becoming a victim. Here are five tips to protect yourself from financial scams.
Having a baby is exciting news for first-time parents. But raising and educating a child involves new financial considerations and new decisions to make. As well, unforeseen events require you to have contingency plans in place. We hope these four financial tips for new parents will help you plan ahead to protect you and your child.