Sentences with phrase «cent cap in»

However, the government has committed to lifting the 50 per cent cap in order to encourage faith groups to open new schools.

Not exact matches

It would increase the replacement rate by 10 percentage points to 35 per cent, lift the earnings cap by $ 10,000 (to $ 61,100), and be phased in over 10 years.

Add to that the fact that five of six Canadian clubs are currently within $ 800,000 of the salary cap, and our teams are unable to satisfy the criteria set out in the Fan Value Index: Overall standing (60 per cent), Payroll (10 per cent), Fan Cost Index as established by Team Marketing Report (30 per cent).

Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.

In Hoey's opinion, the federal government's efforts amount to little in trying to entice a foreign company to enter Canada's wireless market, mainly because a cap on foreign involvement still exists in the form of a 10 per cent limit on the market share of any wireless entity with international financial backinIn Hoey's opinion, the federal government's efforts amount to little in trying to entice a foreign company to enter Canada's wireless market, mainly because a cap on foreign involvement still exists in the form of a 10 per cent limit on the market share of any wireless entity with international financial backinin trying to entice a foreign company to enter Canada's wireless market, mainly because a cap on foreign involvement still exists in the form of a 10 per cent limit on the market share of any wireless entity with international financial backinin the form of a 10 per cent limit on the market share of any wireless entity with international financial backing.

The suggested fixes include capping loans at 65 per cent of the home value, introducing new and more conservative means of estimating how much a residence is worth, and amortizing the loans (meaning that borrowers would have to repay the principal within a certain time frame, as in a mortgage, whereas now they can simply keep paying interest on their HELOCs).

In addition, the 5 - cent cap on employment insurance rates reduces revenues by $ 0.6 billion in both 2012 - 13 and 2013 - 1In addition, the 5 - cent cap on employment insurance rates reduces revenues by $ 0.6 billion in both 2012 - 13 and 2013 - 1in both 2012 - 13 and 2013 - 14.

Because of the Durbin amendment, as of October 1, 2011, debit interchange is capped for transactions (21 cents, plus 5 basis points -LRB-.05 %), plus an additional penny for issuers that qualify for fraud) for debit cards issued by banks and credit unions with $ 10 billion in assets or more.

To achieve a cap of 1 per cent would most likely require an absolute cut in wages and salaries.

Layton was responding to criticism from Jack Mintz — the economist oft - quoted by Conservative Leader Stephen Harper as justification for his tax policies — that the cap - and - trade system the NDP proposed to cover the cost of $ 3.5 billion worth of green initiatives in the first year would raise gasoline prices by 10 cents per litre.

He has also said a foreign - ownership cap of 49 per cent should remain in place for both sectors, and that loosened restrictions should apply to all industry players, not just capital - hungry new wireless entrants, but also the incumbent providers, such as BCE Inc., Telus Corp. and Rogers Communications Inc..

Consequently, the 21 - cent cap remains in place.

However, based on the rates included in the fiscal forecast, the 5 - cent annual cap is in effect to 2015.

In its meeting, the PFRDA board also cleared 25 per cent increase - from current 50 per cent to 75 per cent - in the equity investment cap in active choice category for the private sector subscriberIn its meeting, the PFRDA board also cleared 25 per cent increase - from current 50 per cent to 75 per cent - in the equity investment cap in active choice category for the private sector subscriberin the equity investment cap in active choice category for the private sector subscriberin active choice category for the private sector subscribers.

APRA introduced its first set of macroprudential reforms late in 2014 when it introduced speed limits on the banks» investor loan books by capping growth at 10 per cent per annum.

Introduced by Finance Minister Joe Ceci, Bill 10: Fiscal Statutes Amendment Act removed the 15 per cent debt - to - nominal - GDP cap implemented by the NDP in the fall session of 2015.

That said, in our opinion, this shouldn't be more than 1.0 per cent for a long - only manager and 1.5 per cent for a specialty manager, and 2.0 per cent for venture cap and private equity.

As is, solar power is immediately cost effective when included in a home mortgage in all residential markets where electricity is over 12 cents per kwh, without local incentives or Cap - and - Trade.

Pressure is mounting on the Prime Minister and Chancellor to relax austerity, with several Tory MPs calling for an end to the pay cap after the party disastrously lost its majority in the General Election to anti-austerity Labour, which has pledged to scrap the 1 per cent ceiling.

Downing Street has insisted there is no change in the Government's policy on the public sector pay cap, after mounting Cabinet pressure for the 1 per cent limit on annual rises to be eased.

The EU's CAP reforms, agreed in 2003, pledged to cut the intervention, or guaranteed minimum, price for butter exports outside the bloc by 25 per cent over four years.

Special adviser Kate Marley went from being on Pay Band 1 in 2014 — capped at # 54,121 — to earning # 65,000 in 2015, an increase of at least 20 per cent.

In September David Cameron announced the increase would be capped at RPI plus one per cent, helping some commuters save as much as # 200 over the next two years.

The City Council's final offer on a compromise is language to change the fee to a hard five cent cap, and add a sunset provision (famous in Albany) and first reported by David Giambusso of Politico.

In 2011 and for two years onwards, public sector pay settlements will be capped at 2 per cent.

In the days after the Budget, unease grew as Harriet Harman, the party's acting leader, and Chris Leslie, the shadow chancellor, signalled that Labour would not oppose Conservative policies such as the 1 per cent cap on public - sector pay rises for four years and the reduced benefit cap of # 20,000 (# 23,000 in LondonIn the days after the Budget, unease grew as Harriet Harman, the party's acting leader, and Chris Leslie, the shadow chancellor, signalled that Labour would not oppose Conservative policies such as the 1 per cent cap on public - sector pay rises for four years and the reduced benefit cap of # 20,000 (# 23,000 in Londonin London).

The thinking behind the cap is straightforward: welfare spending has somehow managed to get out of control in recent decades, rising from less than five per cent of GDP in the 1950s to around 13.5 % of GDP now.

Another choice we've said we'd make differently is on taxation and tuition fees — while under the Conservative - led government banks are benefiting from a 5 per cent cut in corporation tax, — Labour thinks that money would be better used bringing down the cap on tuition fees, to help young people worried about the costs of going to university.

Paying off the interest and principal from the borrowing would come from a 10 - cent increase in the state's gas tax, half of a percent increase in the income tax rate for those who earn between $ 500,000 and $ 2 million and a $ 60 million contribution from New York City in the first year, with an extra $ 60 million added every year to the fifth year, capped at $ 300 million.

Chancellor Georg e Osborne had triggered outrage in his 2011 Budget by confirming plans to cap public sector pay at one per cent for two years, after the current pay freeze ends, and take steps to «rebalance» pay levels across the country.

Fares in West Yorkshire have a higher cap of RPI plus three per cent from 2007 until the end of the franchise to enable investment in additional trains in and around Leeds.

Energy experts have questioned government's decision to cap electricity price, in terms of power purchases negotiation, at 10 cents per kilowatt hour, stressing that it will not attract investors into the power sector.

Telomere chromosome caps were 10 per cent longer in people carrying the variant.

First, Ramanan Laxminarayan of the Center for Disease Dynamics, Economics and Policy in Washington DC and his colleagues calculate that if rich countries and China cap their use of antibiotics in farming at the global average, overall use in that sector should be 60 per cent lower in 2030.

The Association of School of School and College Leaders (ASCL) has urged the government to «fully fund» all pay rises in the education sector and remove the one per cent pay cap on teachers» pay.

The government has also placed a cap on the gains schools can experience of 2.5 per cent in 2018 — 19 and a further three per cent in 2019 — 20.

The survey followed the government's proposals to lift the 50 per cent cap on religious selection in faith schools included in the education green paper, which would effectively allow them to select 100 per cent of pupils based on their religious background.

BHA analysis found that in existing Church of England free schools, 63 per cent of pupils are classified as «of white origin» in those that operate under the 50 per cent cap, but this increases to 78 per cent in those that religiously select all of their places.

He continued: «Last year, the combined effect of the government's pay cap and discretionary pay in schools means that the average pay award for classroom teachers last year was 0.6 per cent.

Ormiston Forge Academy in Cradley Heath capped a remarkable year with 84 per cent of the A level cohort achieving three or more passes at grades A * - E. Just 18 months after the Academy was judged as Good by Ofsted and in the same year it was designated as a National Support School, every indicator at Key Stage 5 has improved yet again.

Respondents from other religious backgrounds were more enthusiastic about the removal of the cap: 43 per cent of Muslims and 55 per cent of Jews were in favour of allowing schools to select all pupils on the basis of religion.

Speaking in London, while also announcing plans to open new grammar schools, May said the 50 per cent cap was an obstacle that was stopping more good faith schools opening and said that the government should «confidently promote» the role that faith schools play in a diverse school system.

As a result, May said she would lift the 50 per cent cap to «allow the growth in capacity that Catholic schools can offer».

The one per cent pay rise for teachers is in line with the government's cap on public sector pay rises, which many had hoped would be scrapped.

In fact, the cap was only enforced when schools were oversubscribed: undersubscribed faith schools were allowed to admit 100 per cent of pupils from the same religious background.

But, in 2015, the DfE did allow schools to boost the pay of their best teachers by 2 per cent — breaking the government cap.

But Greening, in a letter to the STRB, called for pay to be capped again at 1 per cent in 2017/18.

The removal of the 50 per cent cap on faith - based admissions for over-subscribed free schools is one of the key proposals in the government's green paper on increasing selection in schools.

It said that at «other Christian» free schools opened under the cap, 55 per cent of pupils were white, but in fully - religiously selective «other Christian» secondary schools, 85 per cent of pupils were white.

Damian Hinds, the education secretary, pledged to lift the cap — which prevents free schools in areas with a shortage of places from admitting more than 50 per cent of pupils on the basis of faith — in an interview with The Sunday Times last week.