Blog Archive

  • DICO coverage increased to $250,000
    January 25, 2018

    As of January 1, 2018, the Deposit Insurance Corporation of Ontario (DICO) increased the coverage limit for insurable deposits to $250,000 for non-registered accounts at Ontario credit unions. Insurable deposits in registered accounts (RRSP, RESP, TFSA, etc.) will continue to...

  • How to beat the banks on GIC
    January 04, 2018

    There is no end to the indignity of being a conservative investor these days. To start, rates on guaranteed investment certificates are ultralow by historical standards. Adding to the pain is the fact that GIC issuers have barely responded, if...