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Email this2:25 pm
October 21, 2013
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Does anyone know anything about La Capitale Groupe Financier / La Capitale Financial Group ?
It is a QC institution, covered by QC Deposit Insurance. I am unclear whether it is a bank or ...?
They are offering 2.5% until end of June for daily interest for first-time customers in non-registered and TFSA accounts.
Perhaps only for Quebecois?
http://www.lacapitale.com/en/i.....w-and-grow
3:15 pm
June 29, 2013
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I read the website and I did not see any reference that La Capitale Groupe Financier is covered by prov insurance. Could you provide me with the reference if you saw it - perhaps I missed it.
I did not note any restrictions for residents of other provinces on their website.
Thx
3:28 pm
October 21, 2013
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Perhaps I mis-read it. It may be a bit ambiguous. Appears to be an insurance company.
"You can sleep easy! La Capitale's Stow & Grow account protects your money from market fluctuations. No risk to take with your savings.***
*** La Capitale Civil Service Insurer Inc. is registered with the Autorité des marchés financiers under the Deposit Insurance Act."
http://www.lacapitale.com/en/i.....w-and-grow
7:48 am
June 29, 2013
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yes - it does appear that one has to be a resident of Quebec - I found the following sentence about the Stow and Glow account
"In order to open a La Capitale Stow & Grow account, you must be age 18 or older and be a resident of Quebec."
Yes it does say the company is registered with the Autorite des marches .........., so perhaps deposits are covered - not really clear to me ...
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