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All PC Financial mortgages, loans, investments, and bank accounts were transferred to CIBC's new direct banking brand Simplii Financial effective November 1, 2017. [7] PC Financial's credit card and insurance products were unaffected by the decision, and continued to be offered by subsidiaries of Loblaw Companies. [ 8 ]
Simplii Financial is a Canadian direct bank and the digital banking division of the Canadian Imperial Bank of Commerce (CIBC). It offers no-fee chequing and savings accounts , a VISA credit card , Guaranteed Investment Certificates (GICs), mortgages and mutual funds.
By 2010, PC Financial had 2.5 million customers and $20 billion in managed funds. PC continued to add new products and lines. In 2001, PC Organics was introduced as a third-party certified line of organic food products, in accordance with the guidelines of the National Standard of Canada on Organic Agriculture.
Top 7 home renovations that can increase your property's value — and quality of life as you age. 100 best discounts for ages 50+: Where to save money for active agers, seniors and retirees.
Say a buyer is interested in a home priced at $380,000 and plans to put down $38,000, or 10 percent. Due to credit or financial circumstances, the buyer can only qualify for a mortgage up to $300,000.
While day traders buy and sell stocks by the minute to try to maximize their profits, most financial consultants recommend taking a long-term view of the market. That doesn't mean stock investments...
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