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The best travel insurance credit cards in Canada for 2024 Nov 16th
If you’re one of the nearly 80% of Canadians planning a trip outside your province or territory this year, you’re going to want to use a travel credit card with solid insurance.
Top 3 cards for travel insurance
featured .... More »
Home Insurance Increases 2014: Plan to Pay More + MORE May 14th
Regardless of your claims history, expect to pay more for home insurance this year, thanks largely to the severe weather trend that has battered the country.
Widespread flooding in southern Alberta and Ontario last summer, combined with brutal ice storms across much of the country, produced a recor.... More »
CMHC tightens mortgage rules in latest response to COVID-19 + MORE Jun 12th
On June 4, 2020, the Canadian Mortgage and Housing Corporation (CMHC) announced changes to the eligibility rules for mortgage insurance, in the agency’s latest response to the COVID-19 pandemic.
The new rules will lower the amount of debt an applicant for an insured mortgage can carry, set a hig.... More »
Forget buy versus lease — new services let you 'subscribe' to having a car Jul 26th
Car subscriptions are kind of like a lease; but one monthly fee covers the cost of the vehicle, maintenance, insurance and repairs. You can swap cars and pause or cancel a subscription at any time. Could actually owning a car become a thing of the past?.... More »
TFSA contribution room calculator Jan 11th
Find out your current tax-free savings account (TFSA) contribution limit by using this calculator.
TFSA is a bit of a misnomer. While you can use it for straightforward savings, think of it more accurately as an investment holding account to store things like exchange-traded funds .... More »
Manitoba’s Crown-owned insurer says its investigators saved company $8 million
– canadianbusiness.com
WINNIPEG – Manitoba Public Insurance says its investigations saved ratepayers $8 million last year, and it has released a list of the top frauds they uncovered in 2013.
The Crown-owned insurance company says one of the cases involved two men who staged a collision with their high-end cars.
The pair claimed they didn’t know each other, but they were actually business partners and police later spotted them riding in the same vehicle during a business trip.
Another fraud had a more serious tone and involved a fatal collision between a vehicle and a train.
According to the insurance company, the vehicle driver had a blood-alcohol content that was twice the legal limit, but he told investigators his dead passenger had been the one at the wheel.
A camera in the locomotive eventually proved him wrong.
It resulted in the man’s personal injury protection plan benefits being denied based on the involvement of alcohol. The savings to Manitoba Public Insurance premium payers was about $150,000…
The Crown-owned insurance company says one of the cases involved two men who staged a collision with their high-end cars.
The pair claimed they didn’t know each other, but they were actually business partners and police later spotted them riding in the same vehicle during a business trip.
Another fraud had a more serious tone and involved a fatal collision between a vehicle and a train.
According to the insurance company, the vehicle driver had a blood-alcohol content that was twice the legal limit, but he told investigators his dead passenger had been the one at the wheel.
A camera in the locomotive eventually proved him wrong.
It resulted in the man’s personal injury protection plan benefits being denied based on the involvement of alcohol. The savings to Manitoba Public Insurance premium payers was about $150,000…
Apple CEO Tim Cook’s 2013 compensation rises 2 per cent to $4.3 million
– canadianbusiness.com
CUPERTINO, Calif. – Apple CEO Timothy Cook received a compensation package valued at nearly $4.3 million this year, up slightly from 2012.
Cook’s pay for fiscal 2013, which ended in September, consisted of $1.4 million in salary and a bonus of $2.8 million, according to a regulatory filing Friday. Cook’s compensation also includes $52,721 in company contributions to his 401(k) account, life insurance premiums and a vacation cash-out.
The year’s pay was relatively modest compared with 2011, when he took the company’s helm. That year, Apple’s board set him up with stock now worth $510 million.
Apple itself faced some challenges in the fiscal year. It closed with a nearly 25 per cent decline in market value, or about $160 billion. Still, it remains the world’s most valued company as measured by market capitalization.
The post Apple CEO Tim Cook’s 2013 compensation rises 2 per cent to $4.3 million appeared first on Canadian Business.
Cook’s pay for fiscal 2013, which ended in September, consisted of $1.4 million in salary and a bonus of $2.8 million, according to a regulatory filing Friday. Cook’s compensation also includes $52,721 in company contributions to his 401(k) account, life insurance premiums and a vacation cash-out.
The year’s pay was relatively modest compared with 2011, when he took the company’s helm. That year, Apple’s board set him up with stock now worth $510 million.
Apple itself faced some challenges in the fiscal year. It closed with a nearly 25 per cent decline in market value, or about $160 billion. Still, it remains the world’s most valued company as measured by market capitalization.
The post Apple CEO Tim Cook’s 2013 compensation rises 2 per cent to $4.3 million appeared first on Canadian Business.
