Registered Retirement Income Funds
Registered retirement income funds, or RRIFs are the matured form of RRSPs. The conversion must occur by age 70. Individuals are required to make minimum annual withdrawals from the funds.
HOME CAPITAL GROUP INC. $38 (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 34.5 million; Market cap: $1.3 billion; SI Rating: Extra risk) is the parent company of Home Trust Company, a federally regulated trust company that specializes in residential first mortgages to small business owners, the self-employed and others who don’t meet the stricter criteria of larger, …read more »
Home Capital is a leader in its field of first mortgage lending to Canadian borrowers who do not meet the lending requirements of major banks. However, Home Capital’s conservative lending practices have let it avoid the subprime mortgage problems that have hurt similar lenders in the United States. For example, as part of the company’s assessment process, its employees personally …read more »





