Investment Policy – Examples of Acceptable Investments

 

• GIC’s at Canadian Chartered Banks to permit up to one fourth of WLUFA’s investments to be placed in longer than two year terms to achieve higher returns.

• Canadian federal government, provincial government and government guaranteed bonds to permit up to one fourth of WLUFA’s investments to be placed in longer than two year terms to achieve higher returns.

• Long term (up to 7 years) Ontario Savings Bonds with the provisions that the bonds may be redeemed annually for full face value plus accrued interest

Scroll to top