The House of Commons passed a confidence motion on Thursday afternoon that effectively cancels a Liberal-sponsored RESP tax-break bill already before the Senate.Members of Parliament voted 124-87 in favour of a ways-and-means motion to implement the federal budget that included provisions to cancel the bill, which promised tax breaks though the RESP plan.The bill, introduced […]
Revenues drop due to reduced employer contributions, investment income and profits from buying and selling stocks
Two-year term starts in September
University students and faculty are condemning the proposed bill to make RESP contributions tax deductible.The Canadian Federation of Students (CFS) says Liberal MP Dan McTeague’s bill will do little to make post-secondary education more accessible for most students and their families.“This bill is a bad use of scarce resources and it will cost about $1 […]
Market mechanism holds great promise in supporting reduction of carbon emissions
Income rises at Great-West Lifeco, IGM Financial
New rule will make it easier to distribute securities across Canada, CSA says
Sharp drop in manufacturing sector
Principal protected notes linked to Gartman index