Sentences with phrase «cent hike from»

Tipped employees at restaurants employing less than 500 workers will earn at least a $ 10 minimum cash wage, a 53 cent hike from the current minimum.

Not exact matches

As China battles the seeming inevitability of a 19 per cent price hike in iron ore prices, the country's largest iron ore importer is moving quietly to stitch up more long - term supply from Western Australia.

Earnings estimates for the 2018 fiscal year are being revised upwards by some analysts to account for the impending bump from recent interest rate hikes and a U.S. corporate tax cut from 35 per cent to 21 per cent that took effect on Jan. 1.

When the economy is close to full capacity, the bank hikes its rate to keep inflation from rising above its two per cent ideal target.

BC Hydro will cut its proposed rate hike in half over the next three years, from 30 per cent to 16 per cent, following a government panel review on Thursday.

Not only have the B.C. Liberals copied the «big ticket» items from the B.C. NDP platform, but they've refused to adopt the revenue measures designed to pay for them: modest tax hikes on profitable corporations and the richest two per cent.

As Canada's «big six» lenders hike their five - year posted and prime rates, that criteria benchmark is slated to get steeper, increasing to 5.14 per cent from 4.99 upon news of the Bank of Canada's January rate hike.

The odds of a rate hike at the Bank of Canada's next meeting on Jan. 17 soared to 70 per cent, from 40 per cent yesterday, based on trading in the swaps market.

The probability of an interest - rate hike by the central bank at its meeting next week slipped to 71 per cent Wednesday from 87 per cent the day before, swaps pricing indicated.

Chances of a rate hike in January fell to 28 per cent from 41 per cent before the announcement, the overnight index swaps market indicated.

In 2016, Mr Neal announced the insurer would hike prices after it's insurance margins in its Australia and New Zealand business fell from 14.8 per cent in the first half of 2015 to 8.9 per cent in the first half of 2016.

At a time when passengers are reeling from hikes of up to 13 per cent, that is not acceptable.

It is also worth remembering that the hike could have been higher — the mayor got an extra # 96m from the Treasury to avoid increasing by two per cent above inflation, as originally planned.

Commuters further up the London Midland line travelling from Milton Keynes have endured a 28 per cent hike — an increase of over # 1000 — something Labour's Andrew Pakes and Emily Darlington have recently exposed.

Lawmakers adjourned March 15 after agreeing on how to spend the $ 687 million in revenues expected from a 1 - cent hike in the state sales tax, which had been approved a week earlier.

The 4 - litre V8's power is hiked from 414bhp to 493bhp, a rise of about 20 per cent, while torque climbs by a similar proportion from 295 lb ft to 354 lb ft.

(Prices in have since gone up because of a hike from 14 cents to 37 cents a gallon in NJ state fuel taxes, with the money earmarked to improve the Garden State's terrible transportation infrastructure.)

Where Skoda has increased the prices in a phased manner, starting from 1 per cent from March 1, 2018, Volvo and Ford have also announced a hike of up to five and four per cent, respectively.

And today Kobo announced a 98 per cent hike in revenue for the first quarter over the same period last year, while its user base grew by 2.5 - million registered users to reach a total of 14.5 million, with 15 per cent from the United States.

It calls for a three - percentage - point hike in premium rates for employers and employees equally from the current 4.95 per cent.

The company didn't pay one last year, in part because it was on the prowl for more properties, and in part because it opted instead to institute a big hike in the regular payout, from 65 cents quarterly to 75 cents quarterly.

The increases come after the company faced a backlash from consumers when it was revealed some franchisees cut employee benefits to offset the impact of minimum wage hikes in Ontario, which increased to $ 14 per hour from $ 11.60 — a 21 - per - cent jump — on Jan. 1.

They include removing domestic content requirements for solar and wind energy projects, hiking the aviation fuel tax from 2.7 cents a litre to 6.7 cents over four years and freezing MPP salaries until the deficit is eliminated.

OTTAWA — The Bank of Canada has hiked its benchmark interest rate to 0.75 per cent from 0.5 per cent, its first increase in nearly seven years, amid expectations of stronger economic growth this year.

The paltry raises promised the 1,500 striking lawyers, while in line with what other Quebec civil servants will be getting, is a far cry from what they were demanding: a hike of 40 per cent to bring them in line with the national average.

In the second of today's companion cases, Meredith v. Canada, the SCC has issued a starkly contrasting judgment, ruling against RCMP officers who challenged the constitutionality of the 2009 Expenditure Restraint Act, which had unilaterally rolled back wage hikes from 2008 to 2010 for officers, instead imposing a cap of 1.5 per cent annually.

AIA Group Limited is the fourth foreign insurance major to hike the stake in Indian firms with the foreign firm announcing that it will increase its shareholding in Tata AIA Life Insurance Company, a joint venture company by Tata Sons and AIA, from the current level of 26 per cent to 49 per cent through the purchase of another 23 per cent stake in the company.

Meanwhile, Sam Ghosh, CEO of Reliance Capital said, «The hike in FDI cap may not be of much use and maybe some players will prefer IPOs to bring in more capital rather than asking their current foreign partner to hike stake from 26 per cent to 49 per cent.»

Global insurance major Allianz wants to hike its stake from 26 to 49 per cent in the Indian venture Bajaj Allianz General Insurance when the government raises the foreign direct investment (FDI) cap

Industry sources said instead of IPOs, life insurers would prefer diluting their stake in favour of their foreign joint venture partners, if the FDI limit is hiked to 49 per cent from current 26 per cent.

The hike would be in the range of 6 - 40 per cent and effective from 01 - April, 2013.

For cars with engine capacity above 1500 cc, premium has been hiked by 25 per cent from Rs 4,931 to Rs 6,164.

The Insurance Regulatory and Development Authority (Irda), on Friday, finally announced a 60 - 70 per cent hike in premium of loss - making third party motor insurance portfolio with effect from April 25.

Insurance Regulatory and Development Authority of India (IRDAI) had proposed a hike of premiums in the range of 14 - 108 per cent from April 1, 2015.

The Irda has proposed a 136.62 per cent hike in TP premium for cars with an engine capacity of less than 1,000 cc from FY15.

Apple had increased prices in December 2017, when the customs duty was hiked from 10 to 15 per cent.