Satvinder Singh Ghotra

March 1, 2021 Deadline to contribute in RRSP to Save Tax on your 2020 Tax Return.March 1, 2021 Deadline to contribute in RRSP to Save Tax on your 2020 Tax Return.

How your Health impacts you financially?

Sun Life to purchase majority stake in Crescent Capital Group Sun Life Financial has entered an agreement to acquire a majority stake in Crescent Capital Group a global alternative credit investment manager. The Canadian insurance company will acquire a 51% interest in Crescent, with an upfront payment of US$276 million (approximately CA$370 million) and a future payment of up to US$62 million (approximately CA$80 million), based on future performance. Founded in 1991, Cres...cent has more than 180 partners and employees. The company is headquartered in Los Angeles, with offices in New York, Boston, and London, and it had approximately US$28 billion in assets under management (about CA$38 billion) as of June 30, 2020. Following the transaction, Crescent will continue to operate independently under its current leadership. The company will also be made part of Sun Life’s alternatives asset management business, SLC Management. Information on SLC Management’s website said that the business managed US$127 billion in public and private fixed income assets as of June 30, 2020 excluding real estate debt. Sun Life also announced that it has committed to co-invest up to US$750 million (approximately CA$1 billion) in Crescent’s investment strategies. This funding will be used to support the launch of new products, as well as creating alignment with Crescent’s investors. We’re excited that Crescent will be joining SLC Management. Crescent has an excellent track record in alternative credit investing and an exceptional reputation in the industry, said SLC Management president Steve Peacher in a statement. SLC Management and Crescent share a common vision based on delivering outstanding performance for our investors. We found a lot of common ground, Crescent co-founder Jean-Marc Chapus told Bloomberg in an interview. Being part of a big financial institution that can provide capital, combined with a global presence, lined up well for us. Reuters previously reported that SLC Management was planning its first middle-market private-debt acquisition as early as January this year, as it expanded into higher-yielding investments. See more

$200 FREE Gift Cards. New and Great Opportunity for Life Insurance Advisors. To learn about this opportunity please book a One on One Meeting with me. For firs...t 5 Insurance Advisors who book this meeting before this Saturday, will get $200 Gift Card. Joining is not the condition to get this Gift Card. Best Opportunity with Best Payout, Best Training for Products and Motivation. You should have a valid Life Insurance License or have passed LLQP Exam. Call or Text to Book the Meeting at 403-437-4445. See more

Toronto Stock Exchange’s S&P 500 hits record high, regaining pre-COVID levelToronto Stock Exchange’s S&P 500 hits record high, regaining pre-COVID level

Desjardins: Responsible investment can make a positive impact throughout the world