Transamerica Life Canada and AEGON Fund Management Inc. announce Thursday that Transamerica’s imaxxGIF segregated funds and AFM’s imaxxFunds mutual funds are now available for Tax-Free Savings Accounts (TFSAs). A TFSA is a registered savings account that allows Canadians to invest up to $5,000 per year, take advantage of tax-free growth, and withdraw their savings on […]
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CIBC Mellon has been appointed custodian in the $32 billion restructuring of the non-Canadian, non-bank sponsored asset-backed commercial paper (ABCP) market, the company said Thursday.“CIBC Mellon is uniquely positioned in the Canadian market to manage this important and complex ABCP restructuring,” says Thomas MacMillan, president and CEO. “We worked closely with the Pan-Canadian Investors’ Committee […]
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