Industry TrendsPhilanthropyWealth Management

CIBC poll finds disconnect in Canadians’ estate planning: nearly all say a will is essential, yet only half have one

Nearly three-quarters plan to transfer wealth while living, but without a plan, good intentions may fall short TORONTO, ON–A new CIBC poll focused on inheritance and wealth transfer highlights a striking gap in estate planning among Canadians: while 94% believe everyone should have a will to clearly outline the transfer …

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Corporate PartnershipsPhilanthropy

GoTo, Finaro, Mastercard, together for more sustainable planet

Finaro joins the Priceless Planet Coalition program, promoted by Mastercard, to restore 100 million trees by 2025 MADRID, SP–GoTo Global, the world’s leading provider of multimodal mobility services, joins Finaro, the global cross-border payment provider, in the Priceless Planet Coalition, Mastercard’s global platform that brings together companies, banks, cities and …

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Fall 2021 IssuePhilanthropyTrends

How Foreign Currency Supports Charity

By Dennis Ullman and Scott Hutchings It is estimated that over $2 Billion in foreign currency is currently stored or saved in Canadian homes and businesses. This currency has no use or real value in Canada. As a result, foreign currency (notes and coins), pennies, and loose change are found …

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