Refer a Friend $50 Bonus Tangerine - Orange Key 40132831S1

$50 Tangerine Bonus
Use Orange Key 40132831S1 to earn a $50 bonus!

From now until August 31st, open your first Tangerine Account using your Orange Key 40132831S1 with a deposit of $100 or more, you'll both get a $50 Bonus.

Click here to sign up.

IG Enhanced Client Statement

Investors Group is offering something new to quarterly statements - your rate of return !

Its called an enhanced Client Statement because rate of return was never there before, because it was not important ... I guess.

Statements now show, because the industry is not forced to show it, the 1 3 and 5 year rate of returns for those mutual funds you own and hold at IG.

Other enhancements include 'Book Cost' - the purchase price of an investment.

And the biggy - Deferred Sales Charges - investments that may be subject to a DSC are noted with an asterix now on the statement.

Bank of Canada drops overnight rate

The Bank of Canada dropped the overnight rate by 0.25% today.  Stay tuned to see what lenders will do - one lender has dropped their prime rate by 0.10%. The last BoC rate drop was in January 2015, and lenders dropped their prime rate by 0.15%, compared to the 0.25% BofC rate drop.

Your lender will usually send a notice in the mail advising of their actual prime rate change, if you hold a variable rate mortgage or line of credit.

Note - next Bank of Canda meeting is September 9, 2015.