Granteed Investment Certificate, it is just as safe as term deposit, you will lose your money only if the bank collapses.
-1000yearssolitude(bifocals);
2001-4-28(#56334@0)
whatever the exchange cost is lower in china.
-wjiang(wjiang);
2001-4-28(#56234@0)
sorry, I meant: there is lost when you exchange RMB to USD or CAD. When you decide which currancy to bring, you compare the two costs. Change the kind that costs you less.
-wjiang(wjiang);
2001-4-28(#56265@0)
The investment tax rate is now 25%, changed from50% a few month ago.
-1000yearssolitude(bifocals);
2001-4-28(#56336@0)
The interest rate for one month term deposit US dolla in Bank of Montreal is currently 3.75%. Rate of otherBanks are close. The best way to invest in term deposit of US dollar is to pplace the deposit in HK or Singapore.
-1000yearssolitude(bifocals);
2001-4-28(#56337@0)
The prime interset rate of US dollar is always a little higher than that of Canadian dollar. The central bank of Canada announced .25% rate cut early this month following US rate cut.
-1000yearssolitude(bifocals);
2001-4-28(#56342@0)