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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Is Credit Card Debt Good for Canada’s Big Banks? + MORE Apr 22nd
The dangers of taking on too much debt are a constant narrative in Canada, especially as the economy takes a turn for the worst. Today’s environment of high unemployment, low oil prices and tepid growth forecasts prompt a stern warning for consumers to resist borrowing too much, as exposure t.... More »
The best 5-year fixed mortgage rates in Canada + MORE Jan 7th
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MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance .... More »
The Economic Winds Are at Europe's Back + MORE Mar 13th
A continent in crisis? Far from it. Unemployment is down; growth is up; even Greek banks are healthier..... More »
US banking giants pledge $30bn to prop up First Republic Bank - Al Jazeera English + MORE Mar 16th
US banking giants pledge $30bn to prop up First Republic Bank Al Jazeera EnglishBig banks create $30B rescue package for First Republic - Business News Castanet.netSeveral big U.S. banks come to the rescue of First Republic Bank CBC NewsFirst Republic Shares Whipsaw .... More »
Court ruling reveals big bank claimed $2.8 million B.C. tax refund May 5th
A court ruling lifts the veil on a tax rebate program for international businesses in B.C. - including big banks - and provides a glimpse into a multi-million dollar tax refund offered to a company participating in the province’s 'International Business Activities program.'.... More »
PARIS — Jerome Cahuzac was the face of France’s fight against tax evaders — until he was forced to acknowledge that he himself was dodging taxes, hiding money in tax havens around the world.
President Francois Hollande’s onetime budget minister is now facing the prospect of prison as his trial — alongside that of his ex-wife and others with whom he had financial dealings — opened on Monday.
The 63-year-old is accused of financing a lavish lifestyle by fraudulently concealing 687,000 euros ($765,000) of income from French tax authorities in 2009-2012 and laundering money in 2003-2013 through foreign bank accounts based in tax havens including Switzerland, Panama, the Seychelles and Singapore.
Cahuzac, once considered a rising star in French politics, triggered the first political scandal under Hollande’s administration. He faces up to seven years in prison and a 1 million-euro fine if he is convicted of tax fraud.
The trial’s opening day attracted demonstrators who arrived at the courthouse carrying nearly 200 chairs they say they took from banks they accuse of participating in tax evasion…
President Francois Hollande’s onetime budget minister is now facing the prospect of prison as his trial — alongside that of his ex-wife and others with whom he had financial dealings — opened on Monday.
The 63-year-old is accused of financing a lavish lifestyle by fraudulently concealing 687,000 euros ($765,000) of income from French tax authorities in 2009-2012 and laundering money in 2003-2013 through foreign bank accounts based in tax havens including Switzerland, Panama, the Seychelles and Singapore.
Cahuzac, once considered a rising star in French politics, triggered the first political scandal under Hollande’s administration. He faces up to seven years in prison and a 1 million-euro fine if he is convicted of tax fraud.
The trial’s opening day attracted demonstrators who arrived at the courthouse carrying nearly 200 chairs they say they took from banks they accuse of participating in tax evasion…
