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Canada’s income tax brackets for 2024, plus the maximum tax you’ll pay based on income Apr 11th
As the year winds down, you may be wondering just how much tax you’ll be paying once you file your 2024 income tax return. Especially if you changed jobs or earned self-employment income, there may be a big difference between the taxes you’ve already remitted through payroll deductions or instal.... More »
Investors say 'fake' experts on local radio shows conned them out of millions Feb 17th
Dozens of Ontario investors say they were conned out of millions of dollars after fraudsters using fake names were featured as investment "experts" on their favourite radio stations — on shows listeners say sounded like news but were actually infomercials..... More »
Your home sold—now what? + MORE Nov 12th
If you’ve sold your home or are planning to soon, you may have a large amount of cash that needs a temporary parking spot while you prepare for your next move. A regular savings account pays very little interest—so unless you need the money right away, it makes sense to seek higher returns.
S.... More »
Manulife says its banking unit was penalized by Fintrac for ‘administrative lapses’ + MORE Feb 27th
Manulife Financial Corp. confirmed Monday its banking unit was penalized last year after Canada’s money-laundering watchdog concluded it failed to report a suspicious transaction and various money transfers.
Last year, Fintrac fined the bank $1.15 million, but it withheld the bank’s iden.... More »
Canada’s best credit cards for grocery purchases 2023 + MORE Apr 24th
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Canada’s best credit cards for groceries
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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Consumer Financial Cover-Up
– online.wsj.com
An agency won’t tell employers or Congress how it calculates bias.
Catalyst to launch IPO for prize holding
– theglobeandmail.com
Hopes to raise up to $200-million to boost operation that loans to companies seeking hard-to-find credit
China to build more railways to help raise number of urban residents as it seeks more growth
– canadianbusiness.com
BEIJING, China – China will build more railways and increase the number of small and medium-sized cities as it seeks to raise the proportion of urban residents in the population, which it sees as the country’s next big engine for economic growth.
The plans are contained in a 2014-2020 urbanization document unveiled Sunday by the State Council, China’s Cabinet, that was reported by the official Xinhua News Agency.
The plan says rural residents employed in cities will see their incomes rise, increasing consumption, while investment in urban infrastructure, public service facilities and housing will drive economic development.
At present, permanent urban residents make up 53.7 per cent of the population of almost 1.4 billion. China plans to raise this to 60 per cent of the total population by 2020 — on a par with that of developing countries with similar per capita income levels as China and lower than the average of 80 per cent for developed countries.
Xinhua said the plan states that regular railways will cover cities with more than 200,000 residents by 2020 and high-speed railways with connect those with more than half a million residents…
The plans are contained in a 2014-2020 urbanization document unveiled Sunday by the State Council, China’s Cabinet, that was reported by the official Xinhua News Agency.
The plan says rural residents employed in cities will see their incomes rise, increasing consumption, while investment in urban infrastructure, public service facilities and housing will drive economic development.
At present, permanent urban residents make up 53.7 per cent of the population of almost 1.4 billion. China plans to raise this to 60 per cent of the total population by 2020 — on a par with that of developing countries with similar per capita income levels as China and lower than the average of 80 per cent for developed countries.
Xinhua said the plan states that regular railways will cover cities with more than 200,000 residents by 2020 and high-speed railways with connect those with more than half a million residents…
Asian stock markets shrug off Crimea vote result but safe-haven yen remains strong
– canadianbusiness.com
HONG KONG – Asian stocks drifted Monday as investors largely shrugged off a weekend vote in which Crimeans opted to leave Ukraine and join Russia.
Safe-haven assets such as the Japanese yet got a boost after preliminary results showed an overwhelming number of voters in the Ukrainian region approved splitting off and joining Russia in Sunday’s vote. Final results are expected later Monday.
The U.S. has threatened Russia with sanctions should it annex Crimea and President Barack Obama and other top U.S. officials warned Moscow against making further military moves toward southern and eastern Ukraine.
Fears about regional instability did not, however, translate strongly into investor pessimism in Asia. The biggest loser was Japan’s Nikkei 225, which dropped 0.4 per cent to 14,264.21, fuelled by the yen’s recent gains.
“If there are signs of Russian influence extending beyond Crimea, expect risk aversion to reverberate,” said Vishnu Varathan of Mizuho Bank in Singapore, adding that “safety bolts” such as yen, gold, Swiss francs and U…
Safe-haven assets such as the Japanese yet got a boost after preliminary results showed an overwhelming number of voters in the Ukrainian region approved splitting off and joining Russia in Sunday’s vote. Final results are expected later Monday.
The U.S. has threatened Russia with sanctions should it annex Crimea and President Barack Obama and other top U.S. officials warned Moscow against making further military moves toward southern and eastern Ukraine.
Fears about regional instability did not, however, translate strongly into investor pessimism in Asia. The biggest loser was Japan’s Nikkei 225, which dropped 0.4 per cent to 14,264.21, fuelled by the yen’s recent gains.
“If there are signs of Russian influence extending beyond Crimea, expect risk aversion to reverberate,” said Vishnu Varathan of Mizuho Bank in Singapore, adding that “safety bolts” such as yen, gold, Swiss francs and U…
The tax shock that comes with a first real job can be a great chance to help your kids take control of their financial affairs.
