The goal of SUN Local 75’s investment policy is to ensure the maximum return possible without risking the Local’s investments. As a general policy the Local shall not invest in any government bonds that result from privatization of crown corporations. Excess revenue will be invested.

a) Security of the Investment – The Local Executive should ensure that the money to be invested from excess revenue is handled in a no risk manner of investment.  The Local should always have the largest portion of its money invested in no risk investments such as Federal Government Bonds, Provincial Government Bonds, Municipal Bonds, G-MAC’s etc.

b) Rate of Return – With the above criteria in place, the Local will not always get the highest rate of return, but the safety of the investment is considered to be worth the potential lost interest.

c) Length of Maturity – There should be a mix in the length of maturity of investments, ranging from short term to long term investments (i.e. five (5) years).