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Condo Reserve Fund

We Make Financial Institutions Compete

We make the Financial Institutions compete based on the size of our entire portfolio, maximizing Condo Reserve Fund Interest earned. Additionally, because of the simplicity of our platform we have reduced transaction costs. All of this translates to exclusive GIC rates, multiplying CDIC/DICO insurance and lower Condo Fees!

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CDIC / DICO Insurance Rates – Condo Act Compliant Powered by CashIQ

Make Financial Institutions Compete

Increase Condo Reserve Fund Returns

Financial Institution Partners

Lower Condo Fees

We force Financial Institutions to compete for your Condo Reserve Fund Investment and have an intuitive secure digital platform, powered by Cash IQ. We increase and maximize Condo Reserve Fund interest earned.

Our solution will increase your returns, and lower Reserve Fund contribution requirements, leaving more money in unitholder’s pockets every month, by maximizing interest earned and recommending the best term(s) given market and customer needs.

Condo Reserve Fund GIC rates going up
Condo Reserve Fund Insured Funds

Protect Condo Reserve Fund

Invest with multiple Financial Institutions with exclusive GIC rates, which can multiply your insured deposit amounts (CDICDICO, etc.) Compared to dealing with a single Financial Institution this makes your Condo Reserve Fund investments even safer.

Lambda helps maximize the return on your GIC portfolio and invest in Federally and Provincially insured deposits of Regulated Canadian Financial Institutions (Banks, Trust Companies and Credit Unions). Lambda Financial Consulting is not a bank, and never takes custody of client funds. Funds flow directly between you and the Financial Institution, and deposits are made in Client name.

Online Reserve Fund GIC Portfolio Access

Keep track of all of your GIC maturity dates, GIC rates, accrued interest and more!

No more waiting for paper statements to come in, or monthly financial statements to be prepared, login and see your GIC portfolio anytime, anywhere! Get real-time GIC maturity alerts, and make year-end a breeze, with access to GIC certificates issued from the financial institution online.

Condo Reserve Fund Expert On Your Side

We work with Condo Boards and Property Managers to build a high-performing GIC portfolio, maximizing interest earned and insured amounts.

With real-time access to rates from 25+ Financial Institutions, we provide strategic recommendations tailored to your Condo’s unique financial circumstances, and market dynamics. Trust Lambda for transparent, efficient, and cost-free expertise in Condo Reserve Fund management. Elevate your financial strategy today with our proven track record of optimizing returns while prioritizing risk management.

Condo Reserve Fund News

All Clear for More Rate Cuts

All Clear For More Rate Cuts: Impacts on Condominium Reserve Fund GICs

jeff.runnalls@lambdafinancial.netJun 14, 20244 min read
All Clear for More Rate Cuts – Canada’s leading economists have provided a new analysis indicating that the Bank of Canada’s (BoC) recent decision to cut interest rates will not provide an immediate boost to the country’s lagging economy or significantly ease debt payments for households. This comes amid the BoC’s recent reduction of its… Read More »All Clear For More Rate Cuts: Impacts on Condominium Reserve Fund GICs
Interest Rate Cut

First Interest Rate Cut of the Cycle

The Latest Monetary Policy Decision On June 5, 2024, the Bank of Canada (BoC) announced a reduction in its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. This move comes as part of the BoC’s ongoing policy of balance sheet normalization. The decision reflects… Read More »First Interest Rate Cut of the Cycle
Interest Rate Uncertainty

Navigating Interest Rate Uncertainty

jeff.runnalls@lambdafinancial.netMay 29, 20244 min read
The Bank of Canada (BoC) faces complex decisions in managing interest rates, particularly when considering the impact of its policies on the economy and the value of the Canadian dollar. With interest rate uncertainty at a pivotal juncture, condominium corporations must navigate the implications for their Reserve Fund investments strategically. The Arguments For and Against… Read More »Navigating Interest Rate Uncertainty