Guaranteed investment certificate

HDFC Bank and TD Bank Group sign an agreement to simplify banking experience for Indian students in Canada

Retrieved on:

Wednesday, March 20, 2024

International student, Government, Toronto-Dominion Bank, HDFC Bank, SDS, Environment, Partnership, Hindi, Bank, Process control block, Guaranteed investment certificate, Student, City, GIC, Indian diaspora

TORONTO, March 20, 2024 /CNW/ - HDFC Bank and TD Bank Group (TD) today announced an expanded relationship supporting Indian students planning to study in Canada.

Key Points:

TORONTO, March 20, 2024 /CNW/ - HDFC Bank and TD Bank Group (TD) today announced an expanded relationship supporting Indian students planning to study in Canada.
With this agreement, TD and HDFC Bank are announcing a new referral program.
In 2023, there were over 425,000 Indian international students with active study permits in Canada, making the country the top source for international students in Canada.
TD International Student Banking Package: Students can get up to $635 CAD in value when they start by opening a TD Student Chequing Account.

HORIZONS ETFs LAUNCHES CANADA'S FIRST ULTRA SHORT-TERM CANADIAN AND U.S. T-BILL ETFs

Retrieved on:

Friday, April 14, 2023

Federal Deposit Insurance Corporation, Interim, ETF, Horizon, United States Treasury security, Canada Deposit Insurance Corporation, Unitary state, Guaranteed investment certificate, Government, Government of Canada, TSX, Savings account, Safety, Security (finance)

UBIL.U seeks to provide interest income through exposure to U.S. Treasury Bills with remaining maturities generally less than 3 months.

Key Points:

UBIL.U seeks to provide interest income through exposure to U.S. Treasury Bills with remaining maturities generally less than 3 months.
The ETFs will distribute the net income they generate from their T-Bill holdings to unitholders on a monthly basis.
In doing so, the ETFs are anticipated to generate interest income that is in line with the yield on their respective short-dated T-Bills.
"During volatile markets, factors like credit risk and term-to-maturity can be crucial considerations when building a resilient portfolio," said Jasmit Bhandal, Interim President and CEO of Horizons ETFs.

TD Announces Exclusive Strategic Relationship With CanadaVisa to Help Support Newcomers as They Establish Their Financial Life in Canada

Retrieved on:

Tuesday, January 31, 2023

Government, Language, Guaranteed investment certificate, GIC, SVP, TD, Documentation, Life, News, Government of Canada, Savings account, SDS, Structure of the Canadian federal government, Federation, Cryptocurrency, Payment card

With 2.4M monthly users and 895,000 forum members, CanadaVisa, and its affiliate news site – CIC News , host the world's largest Canadian immigration forum.

Key Points:

With 2.4M monthly users and 895,000 forum members, CanadaVisa, and its affiliate news site – CIC News , host the world's largest Canadian immigration forum.
They provide breaking news, analysis, and resources, delivered across multiple online channels and formats, to help newcomers navigate all aspects of the Canadian immigration process and settle into their life here.
TD can be that trusted partner for new Canadians, at all stages of their journey, and we're delighted to begin this strategic relationship with them."
To learn more about the new TD and CanadaVisa strategic relationship, please visit: canadavisa.com/td .

Sun Life Global Investments and B2B Bank announce agreement to offer RRSP loans for Sun GIF Solutions

Retrieved on:

Friday, October 14, 2022

TORONTO, Oct. 14, 2022 /CNW/ - Today, Sun Life Global Investments announced the launch of a new partnership with B2B Bank, a wholly owned subsidiary of Laurentian Bank, to offer Sun Life Global Investments' Clients registered retirement savings plan (RRSP) loans.

Key Points:

TORONTO, Oct. 14, 2022 /CNW/ - Today, Sun Life Global Investments announced the launch of a new partnership with B2B Bank, a wholly owned subsidiary of Laurentian Bank, to offer Sun Life Global Investments' Clients registered retirement savings plan (RRSP) loans.
In partnership with B2B Bank, Sun Life Global Investments' will offer new RRSP loans for its Sun Guaranteed Investment Fund (GIF) Solutions, one of Sun Life Global Investments' segregated fund contract options.
Sun Life Global Investments is committed to helping Canadians save for retirement by providing innovative solutions that can help mitigate financial stressors and manage risk.
The new Sun GIF Solutions RRSP loan program available as of October 13, 2022, combines Sun Life Global Investments' strong risk-management culture with B2B Bank's long-standing history of investment lending expertise.

Oaken Financial Increases Annual Interest Rate on Five-Year GIC to 4.00%

Retrieved on:

Thursday, April 14, 2022

Professional Services, Residential Building & Real Estate, Finance, Construction & Property, REIT, Banking, Guaranteed investment certificate, Toronto Stock Exchange, CDIC, Canada Deposit Insurance Corporation, Oaken, HCG, Solution, Digital, Home Bank, Home Capital Group, Real estate

Oaken Financial (Oaken), the direct-to-consumer brand backed by Home Bank and powered by Home Trust Company, today announced an increase in the annual interest rate on its five-year Guaranteed Investment Certificate to 4.00%*, effective April 14, 2022.

Key Points:

Oaken Financial (Oaken), the direct-to-consumer brand backed by Home Bank and powered by Home Trust Company, today announced an increase in the annual interest rate on its five-year Guaranteed Investment Certificate to 4.00%*, effective April 14, 2022.
In addition, Home Trust and Home Bank offer deposits via brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial.
Oaken Financial is backed by Home Bank and powered by Home Trust Company.
Oaken Financial was launched in 2013 to offer Canadians a competitive alternative to manage and control their savings independently.

RBC and ApplyBoard team up to support international students on their Canadian educational journey

Retrieved on:

Monday, March 14, 2022

A key element of the Canadian study permit application process is for students to demonstrate an ability to support themselves financially during their studies abroad.

Key Points:

A key element of the Canadian study permit application process is for students to demonstrate an ability to support themselves financially during their studies abroad.
"The journey for international students coming to Canada can be complex and time consuming.
Our integrated solution with ApplyBoard helps to make that journey a little easier," says Amit Brahme, Senior Director, Newcomer and Cultural Client Segment, RBC.
"RBC has a longstanding history of and commitment to supporting newcomers, including international students, who bring innovative ideas and fresh perspectives to campus communities across Canada."

Laurentian Bank of Canada Releases its First ESG Report

Retrieved on:

Wednesday, March 2, 2022

MONTREAL, March 02, 2022 (GLOBE NEWSWIRE) -- Laurentian Bank of Canada (TSX: LB) (Laurentian Bank, the Bank) today released its first-ever Environmental, Social and Governance (ESG) Report.

Key Points:

MONTREAL, March 02, 2022 (GLOBE NEWSWIRE) -- Laurentian Bank of Canada (TSX: LB) (Laurentian Bank, the Bank) today released its first-ever Environmental, Social and Governance (ESG) Report.
The report also demonstrates the Banks continuous progress in terms of transparency and reporting on ESG elements.
Laurentian Bank began calculating its Scope1 and 2 greenhouse gas (GHG) emissions in 2020, focusing on its corporate offices.
Rania Llewellyn, President and Chief Executive Officer, Laurentian Bank of Canada
At Laurentian Bank, we believe we can change banking for the better.