| Budget office: Harper's family tax plan leaves little room for further cuts Posted: 04 Nov 2014 01:04 PM PST  In the lead-up to the October 2015 federal election, we expected the Harper government to offer Canadians a lot of goodies and tax cuts. According to the Parliamentary Budget Officer — there's really no more money left following the Harper government's suite of tax measures, announced last week, targeted at families with children under the age of 18. "As the Economic and Fiscal Outlook Update highlights, we now expect Canadian economic growth in 2014 to be higher than originally anticipated in our April outlook," the PBO Jean-Denis Fréchette told the House of Commons Standing Committee on Finance on Monday.
 |
| Republicans sweep Congress, in nasty political anniversary for Obama Posted: 04 Nov 2014 08:41 PM PST  WASHINGTON - The Republican party has real power again in Washington and must now decide how to use it: try governing with President Barack Obama, or seek to destroy what's left of his presidency.
 |
| WHO asks Canada to justify visa ban for residents of Ebola-affected countries Posted: 04 Nov 2014 08:12 PM PST  TORONTO - The World Health Organization has asked Canada to justify its decision to limit travel to this country from the West African countries combating Ebola.
 |
| BoC: stimulus still needed despite stability risks concern Posted: 04 Nov 2014 10:59 AM PST  By Randall Palmer and Leah Schnurr OTTAWA (Reuters) - The Bank of Canada will plow ahead with monetary stimulus despite risks from high household debt and a hot housing market, Governor Stephen Poloz said on Tuesday, pointing to recent weak data as a "brutal reminder" of the economy's fragility. The central bank has kept its overnight rate at 1 percent for more than four years, leading to concerns this might cause a new crisis because of high household debt and housing prices. ...
 |
| Scotiabank cuts jobs, books charge as some foreign bets sour Posted: 04 Nov 2014 11:37 AM PST  By Jeffrey Hodgson and Euan Rocha TORONTO (Reuters) - Bank of Nova Scotia will cut about 1,500 jobs and book a pretax charge of C$451 million ($396 million), Canada's No. 3 lender said on Tuesday, as it took a hit on soured bets in the Caribbean and Latin America. Scotiabank said the moves will reduce earnings by about 28 Canadian cents a share in the quarter ended Oct. 31. The profit warning knocked its stock down 1.9 percent to C$67.48. It also stoked fears about the prospects for other Canadian banks ahead of fourth-quarter results due next month. ...
 |
No comments:
Post a Comment