Invest for Success
Statistics Canada says foreign investment in Canadian securities grew to $13.9 billion in September as investors bought government bonds and corporate equities.
Government bonds, being the safest type of bond for investors, often attracts many foreigners (both amateur and experienced) to start their financial career by investing in a government bond. And although this isn’t news, the government of Canada has drastically improved their investment security over the past few years. Since the introduction of the Tax-Free-Savings-Account in 2009, pensions and benefit plans have improved in return rates compared to the past few decades. With the exception of the CPP, which increased the minimum age of retrieval.
Alphil Guilaran, Cheif Executive Office of the Financial Counsil, came to Henry Angus on November the 5th for a FLY@UBC event (Invest For Success) to talk to many intrinsically motivated learners about the basics financing. It was interesting, to learn about investment on a personal level, a national level, and a inter-continental level. The world today is all connect through the movement of funds and investments, and even money that does not physically exist may cause such drastic effects on our global economy and our individual lives a whole.
Alphil Guilaran, Chief Executive Officer of the Financial Counsil at FLY@UBC event “Invest for Success” teaching Sauder students the basics of investment and global economy.
References:
http://en.wikipedia.org/wiki/Tax-Free_Savings_Account
http://www.cbc.ca/news/business/story/2012/11/16/international-securities-transactions.html
http://www.facebook.com/pages/FLY-at-UBC-Club/237542739642682