When you cheat on your taxes or make a mistake, you can expect to pay the price, but that’s not always the way it works, especially if you’re among the most wealthy in the country. Canadians are learning about this double standard in the wake of the recent KPMG scandal which sends the wrong [Read more]
The independent research and consultancy firm ETFGI confirms 2015 was another banner year for the global ETFs/ETPs industry, with US$372.0 billion in net new assets – a 10% increase over the 2014 record of US$338.3 billion. Global assets under management grew from US$2.784 trillion to US$2.992 [Read more]
The problems with internet connectivity in Northern Ontario are well documented and it is ironic that this revolutionary technology, which could level the geographic playing field, is so difficult to provide in rural and remote areas. From simple quality of life issues to the best opportunity [Read more]
According to Investor Economics, one million U.S. citizens living in Canada have $30 billion invested in mutual fund industry assets. Meanwhile, TD Economics reports that over 500,000 Canadians spend significant periods of time in the United States. While the former likely know their U.S. tax [Read more]
THUNDER BAY, ON – Thunder Bay—Superior North MP and Minister of Status of Women Patty Hajdu today extended a welcome to the family of six Syrian refugees who arrived in Thunder Bay on Friday. “Our government is proud to be doing the right thing by offering refugees a safe haven from war and [Read more]
For many Canadians, tax-free savings accounts (TFSAs) may be the most advantageous change made to the tax code since RRSPs were launched in 1957. Many professionals even contend that the popularity of TFSAs will ultimately surpass that of RRSPs. However, despite countless clarifications by [Read more]
According to a recent survey done by Franklin Templeton, Canadians are generally quite optimistic about their future, with 92% looking forward to retirement. On the whole, Canadians are planning on traveling, spending time with friends and family, and pursuing hobbies. Despite the optimism, 82% are [Read more]
The Parliamentary Budget Office released a report that explains the cost to eliminating the federal deficit in Canada, but it is not likely to please many Canadians, especially younger ones. According to the PBO the federal debt will be eliminated over the next 35 years, but the outlook isn’t so [Read more]
I am adamantly opposed to the Conservative government’s Bill C- 51. It undermines the foundations of Canada’s Charter of Rights and Freedoms – and what it means to be Canadian. Because of its very fuzzy definitions of “terrorism,” “safety,” and “security,” [Read more]
OTTAWA, ON – Bruce Hyer, Deputy Leader of the Green Party of Canada and MP (Thunder Bay- Superior North) issued the following statement regarding two items that need to be passed before any possible resolution for Parliament to rise early. “The first item is to pass Bill C-61 Lake Superior [Read more]
OTTAWA, ON – The government is cynically attempting to use veterans as a wedge to garner support for their pre-election budget despite years of inaction, says Algoma-Manitoulin-Kapuskasing MP, Carol Hughes. Hughes says the government should remove the items related to Veterans from the budget so [Read more]
Reel Canada, a non-profit cinema-supporting organization, has declared April 29th National Canadian Film Day. It’s the 2nd year National Canadian Film Day is celebrated and ‘The Grand Seduction‘, a film set in Newfoundland, topped the roster as the fan-favourite requested for [Read more]
OTTAWA, ON – Despite government claims that they are responding to the rash of train derailments, nothing will change if they allow railways to regulate themselves, according to Algoma-Manitoulin-Kapuskasing MP, Carol Hughes. Hughes raised the recent derailments in Northern Ontario during [Read more]
When the government cries broke when faced with common sense decisions like supporting passenger services on the ACR (while stakeholders find a permanent solution to a government-created crisis) that claim should be viewed through the lens of their huge and growing advertising budget. Spending [Read more]
As oil prices slump and take the Canadian dollar along for the ride the question of how budget projections that predicted a modest surplus can be maintained is the flavour of the month in Ottawa. Despite negative indicators the government is holding firm to its projections, but has also moved the [Read more]
