WTO upgrades forecast for trade growth in 2017

WTO upgrades forecast for trade growth in 2017 The World Trade Organization (WTO) has revised its forecast for world trade growth this year to 3.6%, citing “resurgence in Asian trade flows” and a rebound in North American import demand. WTO had previously forecast a growth of 2.4%. The upturn compares to what the Geneva-based trade […]

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Surging stock market powers U.S. wealth to $96.2 trillion

Surging stock market powers U.S. wealth to $96.2 trillion A healthy gain in the stock market and steadily increasing home prices boosted Americans’ household wealth this spring, a trend that likely adds to the nation’s inequality. The Federal Reserve says Americans’ net worth rose 1.8% to $96.2 trillion in the April-June quarter. Stock portfolios and mutual […]

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How life insurance is taxed

How life insurance is taxed Note: This is part one of a series on tax and insurance. In 2016, 22 million Canadians owned $4.3 trillion in life insurance coverage, reveals the Canadian Life and Health Insurance Association. But owning coverage isn’t the same as being properly insured. It’s up to advisors to demonstrate how insurance […]

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B.C. issuers will have more access to capital for crowdfunding campaigns

B.C. issuers will have more access to capital for crowdfunding campaigns The BCSC has announced improvements to crowdfunding rules that will enable B.C.-based issuers to access investors in Alberta when conducting crowdfunding campaigns. The amendments also permit an increased investment, for some investors, of up to $5,000. “With these amendments, B.C. is harmonizing the crowdfunding […]

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Tax-News.com: Canadian Revenue Dip 'Linked To Tax Planning'

Tax-News.com: Canadian Revenue Dip 'Linked To Tax Planning' by Ulrika Lomas, Tax-News.com, Brussels 20 September 2017 Personal income tax minimization strategies reduced Canada’s personal income tax revenues in 2016/17 and dragged total revenues lower, the Government has said. The Annual Financial Report of the Government of Canada for 2016–17, released on September 19 by the […]

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Clients need your push to plan for succession

Clients need your push to plan for succession More than 40% of Canadian entrepreneurs will exit their businesses to retire in the next five years, finds a study by BDC. And 52% of them expect to sell or transfer their businesses outside the family. Problem is, many business owners won’t make the most of the […]

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