Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Last June, the .... More »
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GOP House OKs $1.1T bill funding government after Obama helps round up Democratic votes
– canadianbusiness.com
WASHINGTON – Republicans have muscled a $1.1 trillion bill financing government agencies through the House after President Barack Obama phoned Democratic lawmakers and urged them to back the measure.
The House approved the measure late Thursday by 219-206.
The compromise bill keeps agencies funded through next September.
Many conservatives opposed it because it did not block Obama’s recent executive actions on immigration. A large majority of House Democrats opposed it because of provisions easing some restrictions on banks and allowing higher political contributions by big donors.
Obama backed the bill and called wavering Democratic lawmakers to persuade them to help it pass.
The bill must now be approved by the Democratic-run Senate.
Funding for federal agencies was expiring at midnight. Lawmakers were ready to pass short-term legislation keeping government doors open.
The post GOP House OKs $1.1T bill funding government after Obama helps round up Democratic votes appeared first on Canadian Business.
The House approved the measure late Thursday by 219-206.
The compromise bill keeps agencies funded through next September.
Many conservatives opposed it because it did not block Obama’s recent executive actions on immigration. A large majority of House Democrats opposed it because of provisions easing some restrictions on banks and allowing higher political contributions by big donors.
Obama backed the bill and called wavering Democratic lawmakers to persuade them to help it pass.
The bill must now be approved by the Democratic-run Senate.
Funding for federal agencies was expiring at midnight. Lawmakers were ready to pass short-term legislation keeping government doors open.
The post GOP House OKs $1.1T bill funding government after Obama helps round up Democratic votes appeared first on Canadian Business.
