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Saskatchewan Savings Bond
Saskatchewan Savings Bonds (SSB) were bond securities issued by the province of Saskatchewan. As of June 2010, the product is no longer offered. SSBs' principal and interest are backed by the Province of Saskatchewan. The SSBs were available from financial institutions, credit unions, and investment dealers. The minimum purchase value was $100 and the maximum value was $200,000. As of April 2009, there were $247.2 million in SSBs outstanding. Unlike the Canada Savings Bond, SSBs were only sold to residents of Saskatchewan. References External linksSaskatchewan Savings Bonds Banking in Canada Savings Bond A savings bond is a government bond designed to provide funds for the issuer while also providing a relatively safe investment for the purchaser to save money, typically a retail investor. The earliest savings bonds were the war bond programs of Wor ... Government bonds issued by Canada {{bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saskatchewan
Saskatchewan ( ; ) is a Provinces and territories of Canada, province in Western Canada, western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on the south by the United States, U.S. states of Montana and North Dakota. Saskatchewan and Alberta are the only landlocked provinces of Canada. In 2022, Saskatchewan's population was estimated at 1,205,119. Nearly 10% of Saskatchewan’s total area of is fresh water, mostly rivers, reservoirs and List of lakes in Saskatchewan, lakes. Residents primarily live in the southern prairie half of the province, while the northern half is mostly forested and sparsely populated. Roughly half live in the province's largest city Saskatoon or the provincial capital Regina, Saskatchewan, Regina. Other notable cities include Prince Albert, Saskatchewan, Prince Albert, Moose Jaw, Yorkton, Swift Current, North Battleford, Melfort, Saskatchewan, Melfort, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of Credit (finance), credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016. Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Savings Bond
The Canada Savings Bond was an investment instrument offered by the Government of Canada from 1945 to 2017, sold between early October and December 1 of every year. It was issued by the Bank of Canada and was intended to offer a competitive interest rate, and had a guaranteed minimum interest rate. History Canada started selling war bonds (marketed as "Victory Bonds") in 1917 to raise money during World War I for the Allies of World War I. Five bond campaigns were held from 1915 to 1919. To advertise the purchasing of Victory Bonds, the Victory Loan Dominion Publicity Committee created artwork, held parades, and had celebrity endorsements. Community members who bought many Victory Bonds were given a Victory Loan Honour Flag as a token of gratitude. The program was revived for World War II. Canada Savings Bonds were first offered in 1945 in order to replicate the success of Victory Bonds. In 2004, consultants gave the Department of Finance a report suggesting the CSB program ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Canada
Banking in Canada is one of Canada's most important industries with several banks being among its largest and most profitable companies. It is dominated by a small number of large banks, with the six largest combining for 90% of the market share. The two largest, the Royal Bank of Canada and the Toronto Dominion Bank are among the world's 25 largest banks. It has been considered to be one of the safest and soundest banking systems in the world, and avoided major problems in the Financial crisis of 2007–2008.World Economic Forum - Global Competitiveness Report . Canada's banks have high service levels and investments in technology. A report released by the office of the |
Economy Of Saskatchewan
The economy of Saskatchewan has been associated with agriculture resulting in the moniker "Bread Basket of Canada" and Bread Basket of the World. According to the Government of Saskatchewan, approximately 95% of all items produced in Saskatchewan, depend on the basic resources available within the province. Various grains, livestock, oil and gas, potash, uranium, wood and their spin off industries fuel the economy. As of 2017, Saskatchewan's GDP was approximately C$79.513 billion. Agriculture The Dominion Lands Act was passed in 1872 to encourage an agricultural settlement for a united British North America. The completion of the train link between eastern Canada through the District of Assiniboia in 1885, the development of the high-yielding and early-maturing Marquis strain of wheat and establishment of an import market in the United Kingdom supplied the first impetus for economic development and supported population settlement. World War I had a positive impact on Sask ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
