New $100 bills in circulation

General Angela Calla 15 Nov

New plastic $100 bills go into circulation

CBC News

Posted: Nov 14, 2011 10:03 AM ET

Last Updated: Nov 14, 2011 5:59 PM ET

Canadians can get their hands on the country’s newest banknotes Monday — $100 bills made from a plastic polymer designed to last longer and thwart counterfeiters.

Bank of Canada governor Mark Carney will be on hand at an afternoon ceremony in Toronto to formally launch the bills.

First announced in June, the bills are a departure from the current cotton-and-paper bills in circulation because they feature the latest in anti-counterfeiting technology.

Counterfeiting became a major problem between 2001 and 2004, when it peaked at 470 fake bills for every one million in circulation. Since then, officials have been able to use new technology to get that figure down to only about 35 fake bills for every one million in circulation today.

INTERACTIVE ‘Secure’ plastic banknote unveiled Zoom in and find out security features

To fight that, the new bills have two transparent windows built into them that make them difficult to forge but easy to verify. One extends from the top to the bottom of the bill and has holographic images. Another window is in the shape of a maple leaf.

There is also transparent text, a metallic portrait, raised ink and partially hidden numbers throughout.

P.O.V.:

Do you like the new bills? Take our survey.

The bill commemorates Canadian innovations in the field of medicine and features an updated portrait of onetime Canadian Prime Minister Robert Borden.

The $100 is just the first denomination to be released. A new $50 bill is expected in March, followed by new $20, $10 and $5 versions. All are expected by the end of 2013.

Because they are made of durable polymer, the new bills are expected to last 2.5 times as long as the current ones. That alone could save the government $200 million or more over the life of the series, officials say.

 

To place more $100 bills in your pocket instead of the lenders call us for yoiur mortgage review today

Angela Calla, AMP

Mortgage Expert 604-802-3983

acalla@dominionlending.ca

Strategies the Angela Calla Mortgage Team use to help you

General Angela Calla 8 Nov

Money in Your Mortgage

Mortgages are more than just rates. The Angela Calla Mortgage Team uses the following long-term plans to help you use your mortgage to create a better life:

Inflation Hedge Mortgage Strategy

This is being used by thousands of Canadians and, most important, clients under our mortgage management who have a mortgage arranged with the Angela Calla Mortgage Team. This results in you paying the least amount of interest and places more money in your pocket – making you mortgage free sooner!

Banks hate it – that’s why it’s my favourite 🙂 You will learn terms like:

future payment shock; inflation adjustments; and equity protection, and learn how to be protected from increasing interest rates.

Building Futures Plan

What if the proper mortgage structure could result in a large annual Government return? If you have more equity in your home as a result of this plan, you are in more control of how quickly you move up the property ladder, and will retire with positive cash flow. The equity in your mortgage will pay you. This is a secret that the ultra wealthy have known for years.

But this program is available for the average family, and only a few banks offer this product. The Angela Calla Mortgage Team can identify if you are a candidate to help you always find the most amount of money in your mortgage

– to ensure your mortgage is always working for you.

Debt Repositioning Analysis

Consumer debt is the number one concern among Canadians today. Everyday a new report is released that suggests most Canadians with the proper mortgage review and management can save on average $500 a month by repositioning their debt into their mortgage. The Angela Calla Mortgage Team has the tools, expertise and plan in place to make sure you are always best positioned for the life of your mortgage – and this includes debt management

– as a courtesy for doing business with us. We are passionate about helping you create the best possible life.

We look forward to showing you how we can get these plans working for you by building a strategy together that addresses your unique needs.

Angela Calla, AMP
Mortgage Expert
Host of “The Mortgage Show” on CKNW AM980 Saturdays at 7pm

Phone: 604-802-3983
Fax: 604-939-8795

Facebook: Angela Calla Team, AMP Your Mortgage Expert
Toll Free: 1-888-806-8080
Email: acalla@dominionlending.ca
Apply Online: www.angelacalla.ca
CLICK HERE to Watch My Video Presentation

 

 

 

 

Key to retirement is in your mortgage by Angela Calla

General Angela Calla 1 Nov

Mortgage rates are the low – no need to panic or move right?!

WRONG

If you have a mortgage over 4%, the earlier you take control and review your mortgage, the sooner you can retire.

Want proof? Consider the following:

 

.               $300,000 mortgage with a 30-year amortization

2007 average 5-year fixed interest rate: 5.89% = $1,764.00 monthly mortgage payment

2011 average: 3.39% 5 year fixed rate mortgage = $1,325.00 monthly mortgage payment .

.               This translates into a $439 monthly savings or $5,368 more in your pocket each year

.               It also means taking more than 10 years off the length of your mortgage

.               To earn an extra $439 per month net (after taxes) at a $20 an hour job, you have to work three days

Math doesn’t lie – it doesn’t have emotion or hold mercy if you were busy with everyday life. Not reviewing your options is choosing to pay and work more. Taking 15 minutes to review your options could result in saving the above.

What are you waiting for?

This really shows us that time is money. If you haven’t acted on our help yet, it’s okay! We’re here to help you and those you care about to ensure you have a clear understanding of how this information relates to your unique situation. It all starts with a phone call to 604-802-3983 or an email to acalla@dominionlending.ca.

 We’re looking forward to learning how we’re going to contribute to your retirement before the end of the year!

 Angela Calla, AMP of Dominion Lending Centres is one of Canada’s Top 50 Brokers, AMP of the year in 2009 and hosts The Mortgage Show Saturdays at 7pm on CKNW AM980 she can be reached at 604-802-3983 acalla@dominionlending,ca www.angelacalla.ca

 

 

12