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Swiss govt denies report that it’s fleecing refugees + MORE Jan 15th
BERLIN – Swiss authorities on Friday rejected criticism over their practice of seizing cash from refugees, saying it’s based on a decades-old law and only affects a small number of people.
A widely cited report Thursday by Swiss public broadcaster SRF, detailing how one Syrian man had to.... More »
Hong Kong, London, New York shortlisted for Aramco IPO, Toronto out: sources + MORE Jan 11th
Either individually or in combination, the three exchanges are believed to be in consideration for the international portion of the listing of the Saudi national oil company
.... More »
Equifax Canada says 100,000 Canadians may be affected by cyberattack + MORE Sep 19th
TORONTO _ Equifax Canada says approximately 100,000 Canadian consumers may have had their personal information and credit card details compromised in the massive cyberattack on the credit data company made public earlier this month.
The company said Tuesday the investigation is ongoing and it appear.... More »
Oil hovers around $94 a barrel as Fed stimulus balances supply concerns + MORE Nov 16th
NEW YORK, N.Y. – The price of oil circled $94 for a second week as the promise of the continuation of the Federal Reserve’s economic stimulus was balanced by abundant U.S. supplies.
Benchmark West Texas Intermediate crude rose eight cents to close at US$93.84 a barrel on the New York Mer.... More »
Altcoins vs. bitcoin: What to consider while building your crypto portfolio + MORE Oct 20th
Cryptocurrencies have skyrocketed in popularity over the last couple of years. While bitcoin remains the “king of the hill” of virtual coins, some other altcoins (smaller cryptos) are gaining traction and market value, driven by broader acceptance among retail and institutional investors.
.... More »
Harper arrives at APEC summit greeted by $36-billion investment pledge from Petronas
– theglobeandmail.com
Malaysia’s state-owned oil and gas company Petronas has committed to construction of a liquid natural gas plant in British Columbia and the pipeline to feed it
OTTAWA – A United Nations fact-finder is set to take stock of the plight…
A look at pension problems, solutions in US cities
– canadianbusiness.com
CHARLESTON, W.Va.: Bigger and bigger pension costs were draining the city’s general fund until a new law helped the city to set aside more assets for future benefits. The city also created a new plan providing less generous benefits for new police and fire employees.
CHICAGO: The city’s four pension funds were 36 per cent funded as of Dec. 31, 2012, and had an unfunded liability of $19.5 billion. The city estimates that without changes, its required contribution to the funds will grow from $479.5 million in 2013 to $1.087 billion in 2015 and to $1.26 billion by 2020. Mayor Rahm Emanuel wants state lawmakers to suspend cost-of-living increases, increase employee pension contributions and give employees the option of a 401(k)-style plan.
NEW YORK: Changes to the pension system mean new workers will contribute a greater amount toward their own pension, and many workers will no longer be able to use overtime hours in the calculations of pension amounts.
OMAHA, Neb.: The city has nearly $800 million in unfunded pension liabilities, mostly because of shortfalls in the police and fire fund…
CHICAGO: The city’s four pension funds were 36 per cent funded as of Dec. 31, 2012, and had an unfunded liability of $19.5 billion. The city estimates that without changes, its required contribution to the funds will grow from $479.5 million in 2013 to $1.087 billion in 2015 and to $1.26 billion by 2020. Mayor Rahm Emanuel wants state lawmakers to suspend cost-of-living increases, increase employee pension contributions and give employees the option of a 401(k)-style plan.
NEW YORK: Changes to the pension system mean new workers will contribute a greater amount toward their own pension, and many workers will no longer be able to use overtime hours in the calculations of pension amounts.
OMAHA, Neb.: The city has nearly $800 million in unfunded pension liabilities, mostly because of shortfalls in the police and fire fund…
Mulcair says no to wealth tax, despite star NDP candidate advocating 70% tax … – National Post
– news.google.ca
National PostMulcair says no to wealth tax, despite star NDP candidate advocating 70% tax …National PostOTTAWA — NDP Leader Tom Mulcair says there is no question of his party raising taxes on the wealthy if they form government even though a star candidate in Toronto supports such a tax hike. Left-wing author Linda McQuaig, who last month won the NDP …NDP may not support Malaysian investment in BCSun News Networkall 12 news articles »
5.5 year – 2.95%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-09-16. Click on the link above to get more details or apply online.
