The management expense ratio is a measure of the total costs of operating a fund as a percentage of average

A financial planner works with clients to assess their goals and important personal information, and then provides written recommendations and


It is an arrangement whereby homeowners get cash (usually in the form of monthly payments or a lump sum) in

A mortgage broker is an agent for lenders in much the same way that an insurance broker is an agent

The names and features of the accounts differ by bank, but the accounts all meet certain standards, including: a low

Examples include chequing and savings accounts. Reference : Financial Consumer Agency of Canada

Replacement insurance lets you replace a damaged item without deducting depreciation. Reference : Insurance Bureau of Canada