|
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 World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Investment
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows". When expenditures and receipts are defined in terms of money, then the net monetary receipt in a time period is termed cash flow, while money received in a series of several time periods is termed cash flow stream. In finance, the purpose of investing is to generate a Return (finance), return on the invested asset. The return may consist of a capital gain (profit) or loss, realised if the investment is sold, unrealised capital appreciation (or depreciation) if yet unsold. It may also consist of periodic income such as dividends, interest, or rental income. The return may also inclu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Retirement In Canada
Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their job for health reasons. People may also retire when they are eligible for private or public pension benefits, although some are forced to retire when bodily conditions no longer allow the person to work any longer (by illness or accident) or as a result of legislation concerning their positions. In most countries, the idea of retirement is of recent origin, being introduced during the late-nineteenth and early-twentieth centuries. Previously, low life expectancy, lack of social security and the absence of pension arrangements meant that most workers continued to work until their death. Germany was the first country to introduce retirement benefits in 1889. Nowadays, most developed countries have systems to provide pensions on retirement in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Saskatchewan Savings Bond
Saskatchewan Savings Bonds (SSB) were bond securities issued by the Canadian 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. On July 15, 2007, the Government issued $183.7 million 5 year, 4.2 per cent Series 16 Saskatchewan Savings Bonds and redeemed $187.8 million of previous series savings bonds, for a net reduction in savings bonds outstanding of $4.1 million. 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Ontario Savings Bond
Ontario Savings Bonds (, OSBs) were bond securities offered by the province of Ontario from 1995 to 2018. Unlike the Canada Savings Bond, OSBs were sold only to residents of Ontario, and their principal and interest were backed by the Province of Ontario. The OSBs were available from financial institutions, credit unions, and investment dealers. The Government of Ontario discontinued the sale of future Ontario savings bonds after 2018. All current bonds will continue to be honoured. Types of Bonds There were three types of savings bonds offered by the province. The variable-rate bond was a three-year bond that had its interest rate reset every six months (prior to 2009) or every year (since 2009). The step-up bond was a five-year bond that had an interest rate that increased every year until maturity. Finally, there were three different terms of fixed-rate bond, a 3-year, 7-year, and 10-year, each with interest rates that were unchanging throughout their term. While the fixed-ra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Épargne Placements Québec
Épargne Placements Québec is an administrative unit of the Quebec Ministry of Finance. It is responsible for marketing and managing savings and retirement Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their j ... products issued and guaranteed by the Quebec government. The function of Épargne Placements Québec is to foster the financial security of Quebecers by offering them a range of savings and retirement products guaranteed by the Quebec government. History In the spring of 1996, Placements Québec was established by the Quebec government to achieve its funding objectives on the Quebec savings market and to offer a range of savings products better adapted to Quebecers' investment needs. Since 1963, the Quebec government had offered Quebec Savings Bonds. Before the creation of P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
