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What to consider when naming investment account beneficiaries Jun 24th
When opening certain investment accounts, investors may have the option to designate a beneficiary. It is important to consider the implications in order to minimize tax payable and ensure estate wishes are fulfilled upon the death of an account holder.
RRSP
Registered Retirement Savings Plans (RRSP.... More »
AMC Entertainment, BlackBerry Lead Stock Markets Higher - Motley Fool + MORE Jun 2nd
AMC Entertainment, BlackBerry Lead Stock Markets Higher Motley FoolAMC CEO has gone 'all in' on investors from Reddit: 'Margins' editor Ranjan Roy CNBC TelevisionHedge Fund Flips ‘Overvalued’ AMC, and Shares Keep Surging Yahoo Canada FinanceAMC: a feature, not a .... More »
How does OSAP work? How can I pay it off? We make it make sense Jan 31st
This week, we’ve received a few questions on student loans, from how the interest percentage works, to if students can start investing while receiving financial aid..... More »
Facebook to rebrand as a metaverse company. What is that? - CBC.ca Oct 24th
Facebook to rebrand as a metaverse company. What is that? CBC.caEXPLAINER: What the metaverse is and how it will work Yahoo NewsFacebook Reports Earnings Monday. Snap Earnings Weren't a Great Sign. Barron'sOpinion: A Facebook rebrand could be a huge risk T.... More »
Changes to the MLS® Home Price Index - Toronto Real Estate Board Jun 1st
Changes to the MLS® Home Price Index Toronto Real Estate Board.... More »
International Monetary Fund says Cyprus will need more spending cuts to meet bailout targets
– canadianbusiness.com
NICOSIA, Cyprus – The International Monetary Fund said Wednesday that Cyprus will need to make additional spending cuts to meet a key target of its financial rescue program.
IMF official Delia Velculescu said that more permanent cuts to government spending, including the public sector wage bill, are needed for authorities to achieve a primary surplus of four per cent of gross domestic product by 2018. A primary surplus does not count the cost of servicing existing debt.
That surplus is seen as key to rolling back Cyprus’ public debt which is now around 120 per cent of gross domestic product. According to the program terms, public debt must fall to around 100 per cent of GDP by 2020.
With Cyprus on the verge of bankruptcy, a joint IMF-European Union rescue package agreed in March 2013 forced uninsured deposits in the country’s two largest banks to be seized in order to recapitalize the bigger Bank of Cyprus. The smaller lender, Laiki, was shut down and parts of it absorbed by Bank of Cyprus…
IMF official Delia Velculescu said that more permanent cuts to government spending, including the public sector wage bill, are needed for authorities to achieve a primary surplus of four per cent of gross domestic product by 2018. A primary surplus does not count the cost of servicing existing debt.
That surplus is seen as key to rolling back Cyprus’ public debt which is now around 120 per cent of gross domestic product. According to the program terms, public debt must fall to around 100 per cent of GDP by 2020.
With Cyprus on the verge of bankruptcy, a joint IMF-European Union rescue package agreed in March 2013 forced uninsured deposits in the country’s two largest banks to be seized in order to recapitalize the bigger Bank of Cyprus. The smaller lender, Laiki, was shut down and parts of it absorbed by Bank of Cyprus…
Salaries of chiefs to be posted online – InsideHalton.com
– news.google.ca
Salaries of chiefs to be posted onlineInsideHalton.comREGINA – People will soon be able to look up the salaries for First Nations chiefs online. Tuesday was the deadline for First Nations to submit their financial statements to the federal government. The salaries of chiefs and councillors will be posted on the …and more »
120 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
New York TimesAs Sanctions Pile Up, Russians' Alarm Grows Over Putin's TacticsNew York TimesCritics are saying that President Vladimir V. Putin overreached by suggesting that Russia could thrive without the West. Credit Pool photo by Mikhail Klimentyev. Continue reading the main story. Continue reading the main story. Continue reading the main …UPDATE 2-Russian assets rally, shrugging off Western sanctionsReutersBritain will not start World War Three over Ukraine, David Cameron saysTelegraph.co.ukEU sanctions on Russia could self-harmThe HinduChristian Science Monitor -Reuters India -RIA Novostiall 3,512 news articles »
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online.
