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Friday, May 09, 2008 |
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Agri-Industry Services: NISA Accounts The NISA program has been discontinued and therefore your NISA Deposit Account must be wound down over the next five years ending March 31, 2009. For more information on the NISA Program Wind Down, click here to view the Government of Canada's NISA program site. ATB Financial's Continued Support ATB Financial continues to offer a NISA account during the wind down period with a competitive rate. Your NISA account, like all ATB Financial deposits, is backed with a 100% guarantee — regardless of the amount of the deposit. If you are a participant in the NISA program you have a number of decisions to make concerning your Fund 1 and Fund 2 accounts including the tax implications of withdrawing funds from NISA . You may wish to contact your accountant for more details as you consider your options. As you withdraw your NISA funds over
the next few years, you may wish to consider ATB's full range of investments and deposit products.
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