- Permitted investments:
Securities issued or guaranteed by:
a) The Federal Government of Canada.
b) A Province of Canada.
c) Any major Canadian chartered bank.
- Investments must effectively be in Canadian funds.
- Transactions may be committed by the Secretary-Treasurer or the Associate Secretary-Treasurer by telephone or email with confirmation being countersigned by the other, or by the Superintendent of Schools or Board Chair.
- Securities in bearer form must be lodged with the bank or investment dealer concerned and at no time be in the custody or risk of the Board.
- Transactions must be made through a major:
a) Canadian chartered bank
b) Investment dealer
c) Credit Union
d) Province of British Columbia
Greater Victoria School District
- Approved: October 1984
- Revised: October 2013