Budget positive for Canada’s credit rating outlook: Moody’s
Federal debt levels will stabilize in fiscal 2017 and begin to decline thereafter
- By: James Langton
- March 27, 2017 March 27, 2017
- 15:00
Federal debt levels will stabilize in fiscal 2017 and begin to decline thereafter
The government aims to help small businesses invest and create jobs
Wall Street mixed after “Trumpcare” pulled
At the same time, trading risk, as measured by value-at-risk, decreased by 3.6% in Q4 compared with the previous quarter
Lower food prices soften impact of higher prices for gasoline
Debbie Pearl-Weinberg, executive director, Tax & Estate Planning, CIBC Wealth Strategies Group, reports on expanded tax credits in the 2017 federal budget.
Rumours about a possible increase to capital gains taxes were widespread on Bay Street ahead of the budget on Wednesday
The exchange is seeking to amend its rules to ensure that the special committee that oversees its regulatory division is a committee of its board
Wall Street flat amid delayed “Trumpcare” vote
Despite overall criticisms of the budget, the industry is happier with certain specific measures that address their individual concerns
The federal government is putting significant efforts behind training Canadians for the jobs of the future
Budget 2017 puts the public transit tax credit, the deduction on employee home-relocation loans and others on the chopping block
The plan is to balance the budget in three years
Debbie Pearl-Weinberg, executive director, Tax & Estate Planning, CIBC Wealth Strategies Group, reports on five boutique tax credits eliminated in the 2017 federal budget.
Debbie Pearl-Weinberg, executive director, Tax & Estate Planning, CIBC Wealth Strategies Group, reports on 2017 federal budget changes to the tax structures on private corporations.…
The proposed rules will also apply to segregated funds
The proposed amendments to the Income Tax Act aim to address the decision in a recent court case that may have limited the scope of…
The government is proposing a rule targeting so-called “straddle” transactions, as well as allowing mark-to-market elections when derivatives are held on an income account
The proposal would improve the consistency of the tax rules governing registered plans and won’t affect the vast majority of RESP and RDSP holders, the…
The budget announced plans for a new national strategy to improve access to information for law enforcement about the people behind corporations and other legal…
The new Venture Capital Catalyst Initiative could also generate as much as $1.5 billion in total new funding, depending on the extent of private sector…
Wall Street recoups some losses
But while the national debt is expected to rise during the next few years, the debt/GDP ratio is expected to decline slightly during this time
CSBs represents $5 billion of total federal market debt vs more than $50 billion during their height in the 1980s
The federal government will propose legislation to formally designate the CDIC as the resolution authority for banks and to reinforce OSFI’s authority