Investment Overview
Savings
CEF Savings Accounts are a great short-term investment. The minimum balance requirement is only $10. Deposits and withdrawals can be made at any time without penalty. These are particularly good savings accounts for children and grandchildren. learn more…
Term Deposits
One-year to five-year Term Deposits are available with a minimum investment of $200. Rates for these investments are set at the time the investment is opened. learn more…
RRSP
A Registered Retirement Savings Plan (RRSP) is a savings account which allows you to defer paying tax on funds deposited to it. learn more…
RRIF
A Registered Retirement Income Fund (RRIF) is a retirement income plan that receives beneficial treatment under the income tax system. A RRIF provides a vehicle that individuals may use to convert RRSP savings, which they have accumulated during their working years, into retirement income. learn more…
TFSA
The Tax-Free Savings Account (TFSA) is a flexible, registered general-purpose savings vehicle that allows you to earn tax-free investment income to more easily meet lifetime savings needs. You can withdraw any of your contributions plus your investment returns at any time without paying tax. learn more…