Finance is a combination of luck, good/bad decisions, and a little bit of chance!
Let’s talk about your ups and downs! What successes did you have this week? Who messed up?
Finance is a combination of luck, good/bad decisions, and a little bit of chance!
Let’s talk about your ups and downs! What successes did you have this week? Who messed up?
Good points. I think savings accounts ETFs in particular like PSA might not end up being protected by CDIC.
You’re right, but according to this page, PSA money is held with National Bank, Scotiabank, CIBC and BMO, with a few treasury bills. Those 4 banks are considered domestic systemically important bank, and a failure of any of them would have a serious impact on Canada’s economy, and probably warrant governmental intervention, so I personally wouldn’t worry that much.
You’re probably right. :)
At least, I hope so, otherwise, I’ll lose all the money I have in CASH.TO ;)