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Economic advisers prod German government for more reforms + MORE Nov 2nd
BERLIN – The German government’s panel of economic advisers pushed Wednesday for more reforms in Europe’s biggest economy, including a higher retirement age, and said Britain shouldn’t be given substantial concessions on immigration as it negotiates its exit from the European.... More »
When to watch out for OAS clawbacks Mar 14th
Beware of the clawback!(Shutterstock)
Q: I have been trying to find out how much extra income a person can earn without having to report the income while drawing OAS and CPP.
I have tried looking this up online, but every site I have been to wants to charge me just to get the answer or does not answ.... More »
Teetering property developer Evergrande sparks contagion fears for China's economy - CBC.ca Sep 18th
Teetering property developer Evergrande sparks contagion fears for China's economy CBC.caChina pumps $14bn in cash into market amid Evergrande crisis Aljazeera.comGravitas: Is a global financial crisis brewing in China? WIONMarketmind: Evergrande worries? Not really&.... More »
Brexit turmoil worrying British business leaders - The Globe and Mail Nov 15th
The Globe and MailBrexit turmoil worrying British business leadersThe Globe and MailBusiness leaders expressed alarm on Thursday as a draft Brexit agreement seen as the only chance of preserving some stability in UK-EU trading relations threatened to unravel, sending stock prices and the pound plung.... More »
SaskTel annual report notes profit for the Crown, but also challenges ahead + MORE Jul 14th
REGINA – SaskTel customers are hanging up their landlines and that’s affecting revenue.
The SaskTel annual financial report says revenue from phone service was down $234.2 million for the fiscal year ending in March because customers dropped their existing landline to go wireless.
Long-d.... More »
After delays, House GOP moves forward to help Puerto Rico
– canadianbusiness.com
WASHINGTON – After weeks of delays, House Republicans are moving forward with legislation to help Puerto Rico manage $70 billion in debt.
A revised bill introduced late Wednesday would create a control board to help manage the U.S. territory’s financial obligations and oversee some debt restructuring. Though it is the third version of the legislation, those objectives remain unchanged.
House Natural Resources Committee Chairman Rob Bishop, R-Utah, has led negotiations on the bill and has worked closely with House Speaker Paul Ryan, R-Wisc., congressional Democrats and the White House. The aim has been to write legislation that could pass both the House and the Senate before Puerto Rico defaults on a $2 billion debt payment due July 1.
The committee could vote on the bill as soon as next week.
Bishop originally introduced a bill last month, but cancelled a scheduled committee vote after objections from both parties. Since then, he has worked closely with Ryan to win over conservatives who worry it might set a precedent for financially ailing states and Democrats who say they are concerned the control board will be too powerful and favourable to creditors…
A revised bill introduced late Wednesday would create a control board to help manage the U.S. territory’s financial obligations and oversee some debt restructuring. Though it is the third version of the legislation, those objectives remain unchanged.
House Natural Resources Committee Chairman Rob Bishop, R-Utah, has led negotiations on the bill and has worked closely with House Speaker Paul Ryan, R-Wisc., congressional Democrats and the White House. The aim has been to write legislation that could pass both the House and the Senate before Puerto Rico defaults on a $2 billion debt payment due July 1.
The committee could vote on the bill as soon as next week.
Bishop originally introduced a bill last month, but cancelled a scheduled committee vote after objections from both parties. Since then, he has worked closely with Ryan to win over conservatives who worry it might set a precedent for financially ailing states and Democrats who say they are concerned the control board will be too powerful and favourable to creditors…
