Category: Tax News

Tax-News.com: Peru, Australia To Sign Free Trade Deal

Tax-News.com: Peru, Australia To Sign Free Trade Deal by Mary Swire, Tax-News.com, Hong Kong 09 November 2017 Australia and Peru confirmed that they will sign a free trade agreement, in an announcement at the ongoing APEC ministers’ meeting. It is said that the deal will eliminate trade taxes on 99 percent of Australian product lines

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Category: Tax News

Tax-News.com: Aus Treasury Concerned By US Corporate Tax Cuts

Tax-News.com: Aus Treasury Concerned By US Corporate Tax Cuts by Mary Swire, Tax-News.com, Hong Kong 09 November 2017 The Australian Treasury has released a paper that considers the implications of proposed reforms to the US corporate tax system, and which warns that Australia’s GDP and real wages could be affected by the changes. The paper

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Category: Tax News

See which funds won 2017 Lipper Awards

See which funds won 2017 Lipper Awards Canoe Financial and Mawer Investment Management were recognized under the fund group award category, for Canada, at the 2017 Lipper Fund Awards. In the ETF group award category, RBC and Invesco were recognized. The Thomson Reuters Lipper Fund Awards honour funds and fund management firms. The awards recognize fund families with

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Category: Tax News

Why mortgage life insurance may not be the best bet

Why mortgage life insurance may not be the best bet Buying a house can be a stressful event, with more paperwork than the average consumer has ever faced. It’s not surprising, then, that first-time buyers can inadvertently sign up for something they may not need—like mortgage life insurance. “They’re dealing with a lot all at

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Category: Tax News

What you should know about EI benefit changes

What you should know about EI benefit changes Parents planning to take parental leave and caregivers looking after family members will have access to benefits over a longer period when changes to employment insurance kick in next month. Minister of Families, Children and Social Development Jean-Yves Duclos said on Thursday that changes to Employment Insurance (EI) announced

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Category: Tax News

Drop remaining tax proposals: Manitoba finance minister

Drop remaining tax proposals: Manitoba finance minister Manitoba’s finance minister says the federal government should abandon its tax-reform proposals and set up an independent commission to examine ways to improve the tax system. Read: Tax proposal summary: what’s in, what’s out Cameron Friesen made the point to a Senate committee that is holding hearings across

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Category: Tax News

Sun Life boss wins CEO award

Sun Life boss wins CEO award Sun Life Financial president and CEO Dean Connor was named Canada’s Outstanding CEO of the Year for 2017. In a release, the award program’s advisory board cites recent acquisitions, the company’s new wealth and asset management businesses, and its global business strategy—including growth in Asian markets—in recognizing Connor. Established in

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Category: Tax News

Canadian equities drive pension returns in Q3

Canadian equities drive pension returns in Q3 Canadian defined-benefit pension plans, buoyed by rebounding Canadian equity returns, posted Q3 2017 returns of 0.4%, says RBC Investor and Treasury Services All Plan Universe. This marks the sixth-straight quarter of growth for Canadian pension plans. Q2 total returns were 1.4%. Read: RRSP, pension limits are outdated, report

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Category: Tax News

Mining index posts solid gain after Q2 drop

Mining index posts solid gain after Q2 drop EY’s Canadian Mining Eye index gained 2% in Q3 2017, following a 7% decline last quarter, reveals the firm. Increases across the board in precious and base metals drove the gain. “As commodity prices continue to increase, appetite for investment in existing projects is expected to grow,” says

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Category: Tax News

ETFs contribute to market risk: IIAC president

ETFs contribute to market risk: IIAC president The global economy is vulnerable to a “steep downward adjustment in asset prices,” partly due to the rise in index investing, says IIAC president and CEO Ian C. Russell. In his latest letter, Russell offers insights from the Oct. 20 meeting of the International Organization of Securities Commissions (IOSCO).

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