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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

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

Inflation Fire

Is the Inflation Fire Still Smoldering, Risking Another Flare Up?

jeff.runnalls@lambdafinancial.netAug 25, 20235 min read
For Condo Reserve Funds, the roaring 8+% inflation fire seems to have settled down, after a year of the Bank of Canada and US Fed pouring round after round of cold water – in interest rate increases. But is the fire still smoldering, risking another flare up? This is the question policy-makers will need to… Read More »Is the Inflation Fire Still Smoldering, Risking Another Flare Up?
GIC rates going up

Buckle up – 6.00% GICs may be coming

jeff.runnalls@lambdafinancial.netJul 14, 20234 min read
Well, well, well! On Wednesday July 12, 2023, the Bank of Canada raised its key interest rate to a whopping 5%. Can you believe it? This is the 10th rate hike since March 2022. It seems like the central bank is on a mission to cool down our overheated economy. I guess the economists saw… Read More »Buckle up – 6.00% GICs may be coming
Interest Rate Structure

(5.45% – 1 Year, 5.35% – 5 Year) – What to do?

On Wednesday June 7, 2023 the Bank of Canada will meet to decide the next move, and we won’t say “I told you so”, but it looks like the next move will be another 0.25% increase which will impact the Interest Rate Structure. Some banks have already increased their GIC rate offering to Lambda customers… Read More »(5.45% – 1 Year, 5.35% – 5 Year) – What to do?