MD Financial Management | Gestion financière MD

A GIC is a unique investment because 100% of your principal, or the amount of money you originally invested, is guaranteed. There are a few types of GICs, including cashable, redeemable, market linked, and non-redeemable. 📈 The longer you invest in a GIC, the more you will earn. This is because your principal will grow based on the interest rate of your GIC, which can be fixed or variable. So, when interest rates are high, your money works a little harder. Plus, you can often help reduce your taxes if you hold your GIC in a registered plan like an RRSP. 🔐 GIC terms can range from 30 days to 10 years, so they can work for both short-term and long-term goals. Some GICs offer flexible terms, but you usually won’t be able to take out your money until the term is up. Knowing when you’ll need access to your money is important before choosing a GIC. There is no time like the present to invest in your future. Open a new MD Management Limited investment account to start investing today. We’ll give you up to $500 when you do. Learn more: http://spr.ly/60499kspF.

Happy Canada Day! We all come together this weekend to celebrate the vibrant tapestry of Canadian cultures.

In this special episode of the MD Market Watch Podcast, Craig Maddock, Vice President & Senior Portfolio Manager with Scotia Global Asset Management, runs us through the basics of investing and some common misconceptions. Listen here: http://spr.ly/6046glUbp. 🎧

It was another engaging session with our esteemed MD Physician Council as we recently met in Calgary to share some of our latest initiatives and investments in client experience. Council members continue to play a key role in shaping our offerings to physicians and their families across the country – on-the-ground feedback that ensures our products and services continue to provide financial peace of mind to both physicians and their families. Our CEO Pamela Allen met with the Council, and shares her thoughts in a new article: http://spr.ly/6047ge4s3

Bonne Saint-Jean!

To celebrate National Indigenous History Month and National Indigenous Peoples Day, we invite you to experience a version of the Anishinaabe story, The Seven Sacred Teaching, as interpreted by illustrator Jasmine Bernard, member of the Madawaska Maliseet First Nation, also known by the traditional name, Wolastoqiyik.   Storytelling is a vital and vibrant part of Indigenous culture. The many different versions of the Seven Sacred Teachings told by Indigenous Peoples around the world reminds us of the diversity and rich cultural heritage of Indigenous Communities. This month we encourage you to celebrate and learn from Indigenous culture. 

Pour célébrer le Mois national de l’histoire autochtone et la Journée nationale des peuples autochtones, nous vous invitons à découvrir une version du conte anichinabé, Les sept enseignements des ainés, interprétée par l’illustratrice Jasmine Bernard, membre de la Première nation malécite du Madawaska, également connue sous le nom traditionnel de Wolastoqiyik. La transmission orale est un élément vital et dynamique de la culture autochtone. Les nombreuses versions de ce conte racontées par les peuples autochtones du monde entier nous rappellent la diversité et la richesse de l’héritage culturel de leurs communautés. Ce mois-ci, nous vous invitons à célébrer et à vous inspirer de la culture autochtone.  

Trying to juggle medical school while being a parent can be tough on your finances. But you don't have to go it alone. A financial advisor can help you get your finances on track, just like they helped Jake and Laurie to consolidate their accounts and make better investments. At MD, we're dedicated to supporting Canada's physicians and their families in planning for a bright future. See what we can do for you: http://spr.ly/6045g3S2x.

We’re proud to congratulate our CEO Pamela Allen for being recognized as the 2024 Catalyst Honours Company/Firm Leader Champion. This recognition was awarded for her outstanding contributions toward accelerating progress for women in the workplace. As the first woman to become the CEO of MD, Pamela is committed to paving the way for future women CEOs at MD and elsewhere in the financial services industry.

Along with the Canadian Medical Association and Scotiabank, we are pleased to announce the recipients of the Health Care Unburdened Grant. This $10-million grant program, supports innovative solutions to enhance patient care by reducing administrative work in health care. Congratulations to the recipients! See our news release for more details and a list of recipients: http://spr.ly/60465fAJs.