Month: September 2017

French retirees could face tax hike on pensions

French retirees could face tax hike on pensions Thousands of retired French workers are protesting in cities around the country over a new tax hike on their pensions. The retirees are joining a growing crowd of critics of French President Emmanuel Macron — he’s already faced protests from truckers, students and others. The march Thursday in

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Month: September 2017

NAFTA dedicates chapter to small biz, but issues still remain

NAFTA dedicates chapter to small biz, but issues still remain The CFIB welcomes the federal government’s agreement to include a new chapter that’s focused on small and medium-sized enterprises (SMEs) in NAFTA. That chapter will help SMEs benefit from NAFTA through cooperative activities and information sharing. Also, through the establishment of a small business committee

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Month: September 2017

Which country knows the most about sustainable investing?

Which country knows the most about sustainable investing? Canadian investors exhibit limited knowledge compared to their global counterparts, ranking No. 20 when taking into account investors’ knowledge, attitude and behaviour regarding sustainable investing, finds the Global Investor Study released by Schroders. The country that came out on top? Indonesia. Rounding out the top five, in order, are:

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Month: September 2017

Tax-News.com: Canada Disagrees With US Bombardier Anti-Dumping Duties

Tax-News.com: Canada Disagrees With US Bombardier Anti-Dumping Duties by Mike Godfrey, Tax-News.com, Washington 27 September 2017 Canada’s Foreign Affairs Minister has said that the US Government’s anti-dumping and countervailing duty investigations into imports of Canadian large civil aircraft are “clearly aimed at eliminating Bombardier’s C Series aircraft from the US market.” Chrystia Freeland said that

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Month: September 2017

Horizons ETFs launches EAFE ETF

Horizons ETFs launches EAFE ETF Horizons ETFs has launched the Horizons Intl Developed Markets Equity Index ETF. The ETF provides tax-efficient, indirect exposure to the MSCI EAFE Index. The management fee is 0.20%. Read: Look for these fastest-growing emerging markets The fund seeks to replicate, to the extent possible, the performance of the Horizons EAFE

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Month: September 2017

Tax measures hurt modest business owners: coalition

Tax measures hurt modest business owners: coalition The Coalition for Small Business Tax Fairness has written a new letter to Finance Minister Bill Morneau with professional analysis confirming that Ottawa’s tax proposals will affect middle-class business owners. Read: Drop tax proposals aimed at business, urges coalition “It is the farmers, mom-and-pop shops, and entrepreneurs, who

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Month: September 2017

Dynamic and iShares expand ETF lineup

Dynamic and iShares expand ETF lineup Dynamic Funds and BlackRock Asset Management Canada have launched three actively managed ETFs, representing tactical fixed income, U.S. mid-cap equity and global financial services exposures. Read: How an ETF is born Dynamic iShares Active Tactical Bond ETF seeks to provide interest income and long-term capital growth by investing in a

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Month: September 2017

More Canadians buying individual life insurance

More Canadians buying individual life insurance Canadians are choosing individual life insurance over group insurance. Read: When should young people buy life insurance? As of 2016, individual life insurance accounted for 60% of all life insurance purchased, up from 54% in 2006, reveals an annual report from the Canadian Life and Health Insurance Association. The growth is mostly

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Month: September 2017

Monetary policy to be data dependent: BoC

Monetary policy to be data dependent: BoC “There is no predetermined path for interest rates from here.” That remark came from Bank of Canada Governor Stephen Poloz in a speech today that highlighted the central bank’s plan to carefully monitor economic indicators to decide on the direction of monetary policy. While growth in the second

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Month: September 2017

Tax-News.com: CTF Analyzes Canadian Income Tax Trends

Tax-News.com: CTF Analyzes Canadian Income Tax Trends by Mike Godfrey, Tax-News.com, Washington 26 September 2017 The Canadian Taxpayers Federation (CTF) has said that those with incomes of over CAD100,000 (USD80,765) pay more than half of all federal income tax. The CTF has published a new study on how the income tax burden is distributed among

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