The online Merriam-Webster Dictionary says, a fiduciary is "a person in a position of authority whom the law obligates to act solely on behalf of the person he or she represents and in good faith."
This sector would include banks, consumer finance institutions, insurance and reinsurance companies and brokers, and real estate management and development companies and real estate investment trusts (REITs).
Investments that pay you predetermined interest or dividend income such as government and corporate bonds and debentures.
Money (e.g., bank notes and coins) that is legal tender by government declaration and is not backed by gold or silver. Its intrinsic value is divorced from its monetary face value (i.e., the value stated on it), which rests on public confidence in the issuing authority—usually the central bank.
Note: All currency in circulation in Canada is flat money.
A special type of common share issued by oil and gas or mineral exploration companies that allows certain tax deductions
A sales charge or commission investors pay when an investment is initially purchased.
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