Investments
Funds placed with Forest & Marine earn the following interest rates:
| Investment | Rate |
|---|---|
| Preferred Rate** (Compounded Monthly) (Prime + 1.00%) | 3.25% |
| Standard (Compounded Monthly) (Prime - .50%) | 1.75% |
| Standard (Compounded Yearly) (Prime Rate) | 2.25% |
| Amounts > $1,000,000 (Prime + 0.50%) | 2.75% |
| 6-Month Fixed | 3.50% |
| 1-Year Fixed | 4.00% |
* Please note that standard and preferred interest rates float with the CIBC Prime rate and are subject to change if there is a prime rate change (CIBC Prime rate is currently 2.25%).
** for shareholders who have purchased treasury shares during the past 5 years
Please contact us for further information.
Get In Touch
The Bowra Group Inc.
Court appointed Receiver of
Forest & Marine Financial
Court appointed Receiver of
Forest & Marine Financial
1930 - 1095 West Pender Street
Vancouver, B.C. V6E 2M6
Phone:
604.689.8939
Fax:
604.689.8584
