Jul 12, 2017

Bank of Canada Increases Overnight Rate

On July 12, 2017, the Bank of Canada increased its overnight rate target to 0.75%. This is the central bank's target for the overnight rate at which major financial institutions make one-day loans to each other. According to the CBC, this is the central bank's first move upward in the cost of borrowing in seven...

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Jun 21, 2017

CDIC information on coverage rules for brokered deposits

Canada Deposit Insurance Corporation has recently produced an information bulletin for brokers and trustees about their coverage rules. Here is the link: http://www.cdic.ca/en/financial-community/legislation-bylaws/Pages/important-information-for-broker-trustees.aspx...

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Jun 01, 2017

Updated RDBA Forms Now Available

RDBA has released new versions of our most frequently used forms. These forms have been updated for compliance with new FCAC, CRS and FINTRAC regulations...

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Jun 01, 2017

RDBA Welcomes John Egar

We are happy to announce that John Egar has joined the RDBA team as Director Business Development. John is a financial services industry professional who has...

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May 11, 2017

Home Trust Letter to Brokers May 11, 2017

In an effort to keep us informed of their progress, Home Trust Company, a long time FI member of the RDBA, has sent us a...

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May 03, 2017

RDBA in the News

RDBA was mentioned in the Rob Carrick article in the Globe & Mail: Hey, aren’t GICs supposed to be stress-free investments? He noted us as...

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May 01, 2017

Advocis Embedded Commissions Response

Avocis has created a campaign website at www.financialadviceforall.com to encourage advisors and their clients to contact their local politicians to speak out against the CSA's...

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May 01, 2017

Marianne and Patrick Lannigan Retire from SIT

You may know Patrick and Marianne as the husband and wife team who were instrumental in organizing the annual Deposit Industry Charity Event (DICE). Their newest...

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May 01, 2017

New RDBA Website

With the combined efforts of Swerve Design Group, LP & Associates and RDBA office staff, we are pleased to announce the launch of the new...

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Mar 28, 2017

Changes to RDBA Forms

New regulations RDBA forms are being updated in order to be compliant with new regulations including those from FCAC, CRS and FINTRAC. Re-design We have had discussions with...

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