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What are the taxes on transferring real estate to your kids? Jun 27th
We purchased a condo for our son, who has been using it as his principal residence for over 10 years. He has made improvements, but the title is in our name. We would like to transfer the title to him, as he is now getting married.
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Highest-income households saw investment gains while wages dropped for lower-income ones in 2024: StatCan - CTV News + MORE Apr 14th
Highest-income households saw investment gains while wages dropped for lower-income ones in 2024: StatCan CTV News.... More »
CPP payment dates in 2026, and more to know about the Canada Pension Plan + MORE Jan 2nd
In Canada, most retirement plans include the Canada Pension Plan (CPP). Whether retirement is just around the corner or still years away, CPP is likely to form part of your retirement income. How much you receive depends on factors such as your earnings history, contributions, and when you start col.... More »
Benefits, fees, hidden perks: Choosing the right credit card for your lifestyle Mar 5th
Critical to building a credit history, credit cards are a rite of passage into financial adulthood.
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Cindy Marques, certified financial planner and director at Open A.... More »
How to protect your crypto from hacks + MORE Oct 28th
2022 has been a tumultuous year for cryptocurrency markets. Significant and sustained price declines have shrunk the overall crypto market value below $1 trillion—a significant retreat from its all-time high of $3 trillion in November 2021. (All values in U.S. dollars.)
What has intensified inv.... More »
Facts and figures on Canadian oil and gas production and investment
– canadianbusiness.com
OTTAWA – Some facts and figures about Canada’s oil and gas sector:
Foreign direct investment through eight months 2014: $19.6 Billion
Record annual foreign direct investment: $25.6 Billion, 2007
Canadian crude oil production 2006: 2.65 million barrels per day
Canadian crude oil production 2013: 3.46 million barrels per day
Percentage of Canadian oil production from Alberta: 78 per cent, 2013
Percentage of Canadian energy production going to U.S.: 98 per cent
Canada sits third in the world, behind Venezuela and Saudi Arabia, in proved oil reserves.
Canada sits fifth in the world in production of natural gas.
Source: Natural Resources Canada, U.S. Energy Information Administration
The post Facts and figures on Canadian oil and gas production and investment appeared first on Canadian Business.
Foreign direct investment through eight months 2014: $19.6 Billion
Record annual foreign direct investment: $25.6 Billion, 2007
Canadian crude oil production 2006: 2.65 million barrels per day
Canadian crude oil production 2013: 3.46 million barrels per day
Percentage of Canadian oil production from Alberta: 78 per cent, 2013
Percentage of Canadian energy production going to U.S.: 98 per cent
Canada sits third in the world, behind Venezuela and Saudi Arabia, in proved oil reserves.
Canada sits fifth in the world in production of natural gas.
Source: Natural Resources Canada, U.S. Energy Information Administration
The post Facts and figures on Canadian oil and gas production and investment appeared first on Canadian Business.
5.5 year – 2.60%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-07-12. Click on the link above to get more details or apply online.
60 days – 2.00%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.
Finance ministers pledge action to give global economy momentum, but follow-through often lags
– canadianbusiness.com
WASHINGTON – World financial leaders are pledging to act boldly and ambitiously to give a weak and uneven global recovery some momentum, but they have often fallen short in the past when trying to follow through on their promises.
The pledge from the International Monetary Fund’s policy-setting committee comes after a week of volatile swings in the financial markets — powered by concerns that parts of Europe may be sliding into another recession.
The IMF called increasing economic growth an “utmost priority” during the fall meeting of the IMF and World Bank. In a closing statement Saturday from the steering committee of the 188-nation IMF, the finance leaders also committed to making the necessary structural changes that would boost growth.
Officials also endorsed the IMF’s efforts to support three West African countries battling the Ebola crisis, which could be added to ministers’ usual concerns over interest rates and budgets, particularly if the virus becomes widespread…
The pledge from the International Monetary Fund’s policy-setting committee comes after a week of volatile swings in the financial markets — powered by concerns that parts of Europe may be sliding into another recession.
The IMF called increasing economic growth an “utmost priority” during the fall meeting of the IMF and World Bank. In a closing statement Saturday from the steering committee of the 188-nation IMF, the finance leaders also committed to making the necessary structural changes that would boost growth.
Officials also endorsed the IMF’s efforts to support three West African countries battling the Ebola crisis, which could be added to ministers’ usual concerns over interest rates and budgets, particularly if the virus becomes widespread…
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
