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Pfizer raises quarterly dividend by 7 per cent 30 cents per share + MORE Dec 15th
NEW YORK, N.Y. – Pfizer is raising its quarterly dividend by 7 per cent to 30 cents per share starting next year.
The New York drugmaker said Monday it will pay the dividend March 2 to shareholders of record Feb. 5.
The maker of cholesterol fighter Lipitor last increased its dividend a year ag.... More »
Hudson’s Bay to liquidate entire business, still seeking additional capital - Toronto Star Mar 15th
Hudson’s Bay to liquidate entire business, still seeking additional capital Toronto StarHudson’s Bay to start liquidating stores as early as next week CityNews TorontoHudson's Bay Company nearly $1B in debt, with court filings painting dire financial portrait CBC.... More »
Why Petronas cancelled its massive B.C. LNG project + MORE Jul 31st
(iStock)
This week, Petronas finally announced that it would not proceed with its Pacific Northwest LNG project—part of a proposed $36 billion investment in B.C. natural gas production, processing and shipping. While the project had significant potential when first announced, and Petronas signalle.... More »
Wall Street girds for market impact of looming Trump tariffs - CP24 Feb 2nd
Wall Street girds for market impact of looming Trump tariffs CP24‘Brace for impact’: Economists and market strategists react to trade war as loonie and stock futures slide The Globe and MailTrump Trade War; How Will Futures React? Investor's Business DailyAsia-Pa.... More »
North Korea's nuclear pledge adds momentum to South's preparations for summit - Reuters Canada Apr 22nd
Reuters CanadaNorth Korea's nuclear pledge adds momentum to South's preparations for summitReuters CanadaSEOUL (Reuters) - South Korea's preparations for its first summit with North Korea in more than a decade are in full swing this week, officials said on Sunday, a day after the Nort.... More »
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.
Thousands of taxpayers continue to run afoul of TFSA withdrawal rule
– canadianbusiness.com
OTTAWA – A tricky rule keeps tripping up thousands of Canadians who make withdrawals from their tax-free savings accounts, and replace the money too early.
Some 54,700 taxpayers got warning packages from the Canada Revenue Agency earlier this year about the problem affecting the 2013 taxation year, and were told they face a penalty.
The number has been dropping steadily from a peak of 103,000 in 2010, but still represents a persistent misunderstanding of TFSA rules even as the agency and financial institutions step up education measures.
The regulations say that account holders can put back the amounts they withdraw from a TFSA only in a later calendar year. Doing so in the same calendar year exposes them to a tax hit for overcontributions, even though they’re only replacing the withdrawn funds.
By the end of 2013, some 10.7 million Canadians had opened a TFSA, a savings vehicle introduced by the Conservative government in 2009 that allows money to grow inside tax-free with no income-tax hit on withdrawal…
Some 54,700 taxpayers got warning packages from the Canada Revenue Agency earlier this year about the problem affecting the 2013 taxation year, and were told they face a penalty.
The number has been dropping steadily from a peak of 103,000 in 2010, but still represents a persistent misunderstanding of TFSA rules even as the agency and financial institutions step up education measures.
The regulations say that account holders can put back the amounts they withdraw from a TFSA only in a later calendar year. Doing so in the same calendar year exposes them to a tax hit for overcontributions, even though they’re only replacing the withdrawn funds.
By the end of 2013, some 10.7 million Canadians had opened a TFSA, a savings vehicle introduced by the Conservative government in 2009 that allows money to grow inside tax-free with no income-tax hit on withdrawal…
Kinder Morgan to consolidate assets in $70-billion deal
– theglobeandmail.com
Kinder Morgan is bringing all of its publicly traded units under one roof in a $70 billion (41.7 billion pounds) deal that reshapes the financial structure of the oil and gas pipeline company
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.
60 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.
