Midday report: Golds, financials lead Toronto lower; U.S. markets flat
S&P/TSX down 49 points; Dow off 10
- By: IE Staff
- February 24, 2005 February 24, 2005
- 12:20
Latest news in Research and Markets
Budget reaction: Budget supports Canada’s credit rating, says DBRS
Federal surplus projected to grow despite increase in spending
- By: James Langton
- February 24, 2005 February 24, 2005
- 12:10
Budget reaction: Budget dramatically overshoots spending, report says
MPs called to hold government to account
- By: IE Staff
- February 24, 2005 February 24, 2005
- 11:35
Budget reaction: CBA pleased with budget
The Canadian Bankers Association commended the federal government for announcing three measures in the 2005 budget, which it says enhance the efficiency of Canadian financial…
- By: IE Staff
- February 24, 2005 February 24, 2005
- 10:40
Budget reaction: Budget “relatively balanced”, says IDA
Applauds measures to spur investment and productivity
- By: IE Staff
- February 24, 2005 February 24, 2005
- 10:10
Budget reaction: ACPM applauds action on retirement savings
The Association of Canadian Pension Management (ACPM) says it applauds the federal government’s proposal to eliminate the current 30% ceiling on foreign investments by Canadian…
- By: IE Staff
- February 24, 2005 February 24, 2005
- 09:50
Budget reaction: CICA gives mixed review on federal budget
Program spending a concern
- By: IE Staff
- February 24, 2005 February 24, 2005
- 09:30
Opening bell: Stocks likely to open flat
North American markets appear to be headed for a flat open Thursday, weighed down by weaker-than-expected reports on U.S. durable-goods orders and jobless claims.Early today,…
- By: IE Staff
- February 24, 2005 February 24, 2005
- 09:10
Budget 2005: In the name of tax fairness, Ottawa increases personal exemption, raises RRSP limits
Still consulting on REOP and income trusts and backing away from TPSPs
- By: Stewart Lewis
- February 23, 2005 February 23, 2005
- 17:40
Budget 2005: Good as gold
Ottawa proposes to make gold and silver qualified property for RRSPs
- By: James Langton
- February 23, 2005 February 23, 2005
- 17:25
Budget 2005: CRA to get $30 million more for enforcement
Ottawa to ramp up efforts against offshore tax havens
- By: Stewart Lewis
- February 23, 2005 February 23, 2005
- 17:21
Budget 2005: Ottawa goes to work on the financial sector
Among a host of initiatives, federal government looks to increase deposit insurance, reduce overlap between federal regulators and boost efforts to fight money laundering
- By: James Langton
- February 23, 2005 February 23, 2005
- 17:20
Budget 2005: Bits and pieces for small-business owners
Excise tax on jewelry phased out over five years
- By: Gord McIntosh
- February 23, 2005 February 23, 2005
- 17:10
Budget 2005: Goodale lowers corporate income tax
Canada is lowering its general corporate income tax rate to stay ahead of the United States.Finance Minister Ralph Goodale said Wednesday the corporate income tax…
- By: Gord McIntosh
- February 23, 2005 February 23, 2005
- 17:10
Budget 2005: Ottawa to increase RRSP limits
Up to $18,000 next year and $22,000 by 2010
- By: Stewart Lewis
- February 23, 2005 February 23, 2005
- 17:10
Budget 2005: Disabled get help
Extensive reform of disability tax credit and RESPs promised
- By: Stewart Lewis
- February 23, 2005 February 23, 2005
- 16:56
Budget 2005: Budgets will stay balanced
Debt-to-GDP ratio will drop to 30.6% by 2010, Goodale promises
- By: Catherine Harris
- February 23, 2005 February 23, 2005
- 16:55
Budget 2005: Ottawa removing requirement to collapse LIFs at age 80
In today’s budget, Ottawa proposes removing the requirement to collapse life income funds at age 80 for former employees of federally regulated industries, such as…
- By: Stewart Lewis
- February 23, 2005 February 23, 2005
- 16:55
Budget 2005: Ottawa sweetens senior’s benefits by $2.7 billion
Monthly GIS benefits to climb
- By: Gord McIntosh
- February 23, 2005 February 23, 2005
- 16:50
Budget 2005: Improved securities regulation still on the fed’s agenda
Although the budget stops short of calling for a single securities regulator
- By: James Langton
- February 23, 2005 February 23, 2005
- 16:45
Budget 2005: Liberals are big spenders
Paul Martin’s minority Liberal government is continuing to spend at a rapid rate. Program expenditures increase only 2% in the fiscal year ending March 31,…
- By: Catherine Harris
- February 23, 2005 February 23, 2005
- 16:43
Budget 2005: No more foreign property rule
As welcome as it is, rule change means big challenges for fund companies
- By: James Langton
- February 23, 2005 February 23, 2005
- 16:38
Closing bell: Markets regain some of previous-day losses
S&P/TSX up 35 points; Dow adds 63 points
- By: IE Staff
- February 23, 2005 February 23, 2005
- 16:27
Budget 2005: Mix of tax cuts, new spending from Liberals
Election-style federal budget
- By: IE Staff
- February 23, 2005 February 23, 2005
- 16:20
Midday report: Markets bounce back
S&P/TSX up 46 points; Dow adds 60 points
- By: IE Staff
- February 23, 2005 February 23, 2005
- 12:19