Under the current rules, which have been around since 1990, the amount you can contribute to your RRSP on an annual basis is limited to 18 per
cent of your previous year's (i.e. 2016) «earned income,» up to a yearly maximum of $ 26,010 for 2017, less any pension adjustment.
The maximum contribution amount at that time was 10 per
cent of the previous year's income, subject to a $ 2,500 maximum.
Not exact matches
-- Net debt ballooned to $ 269.2 billion for the
year ending March 31 from $ 252.1 billion the
previous year, leaving a debt - to - GDP ratio
of 38.9 per
cent, which is expected to grow to 40.3 per
cent next
year.
In the
previous year, the company posted 12
cents on revenue
of $ 479 million.
«While it's positive that so many eligible Canadians plan to contribute towards their retirement this
year, we know from
previous years that only 26 per
cent of eligible tax filers actually make a contribution to their RRSP,» said Jamie Golombek, a managing director
of tax and estate planning at CIBC.
The 7/22 FT reported: «Across countries that use the euro, average debt to gross domestic product reached 92.9 per
cent in the first quarter
of 2015, up from 92 per
cent in the
previous quarter and 91.9 per
cent in the same period last
year, according to figures from Eurostat, the EU's statistical agency.»
WA SUCCESS story ERG Group has achieved record operating profit
of $ 35.2 million for the
year ending June 30, 2000 — a 73 per
cent increase on the
previous period.
Antares, which was known as Amity Oil until November last
year, announced a half
year profit to December 31
of $ 8.2 million, which was 15 per
cent higher than the
previous corresponding period.
THE fundamentals
of the gold market clearly supported a higher price, this
year and in the future, according to Newmont chairman and CEO Ronald Cambre.The basis
of his argument is that record consumption in 1999 was seven per
cent above the
previous...
For the
previous quarter, the company said it had diluted earnings per share
of 76
cents, an increase
of about 114 percent from the prior -
year period.
Meanwhile, TD Bank's (TSX: TD) Bharat Masrani received $ 9 million in total direct compensation during his first full
year in the top job — an increase
of 10 per
cent from the
previous year.
Production is running at record levels in the financial
year to date and BHP produced 58 million tonnes
of iron ore during the quarter, up 8 per
cent on the
previous corresponding period.
According to the U.S. Solar Industries Association, in the first three quarters
of 2014, solar delivered 36 per
cent of America's new power needs, up from 9.6 per
cent just two
years previous.
The Minneapolis - based financial services company also announced a dividend
of 90
cents per share, an 8 percent increase over the
previous quarter and the 11th quarterly dividend increase in the last nine
years.
The broader document is generally optimistic about this
year's global prospects, with worldwide growth being on an upswing and a larger - than -
previous forecast
of a 3.9 per
cent increase for 2018.
The document projects the government to set the growth
of program spending at two per
cent per
year, a target it says would be far below the 4.4 per
cent annual average increases
of previous Liberal governments.
From around 5.4 per
cent at the time
of the
previous Statement, yields on 10 -
year bonds fell to a low
of 5.1 per
cent in mid December, but have since risen back to near 5.4 per
cent.
The Wage Cost Index (WCI) for total hours (excluding bonuses), an indicator
of movements in average wage rates, increased by 2.8 per
cent over the
year to the March quarter 2000, which is close to the
previous readings for this indicator (Graph 41).
In terms
of output per hour worked,
year - ended productivity growth has eased to about 1 3/4 per
cent, down from the average
of 3 1/4 per
cent prevailing in the
previous three
years.
Enterprise bargaining outcomes in the early part
of the
year also suggested little change in the rate
of wage growth; new federal enterprise agreements in the March quarter yielded an average annualised increase
of 3.4 per
cent, unchanged from the
previous quarter.
Private dwelling investment grew by 10 per
cent in the March quarter and by almost 14 per
cent over the
previous year, and now accounts for over 6 per
cent of GDP, the highest in over twenty
years (Graph 16).
The Australian dollar has depreciated from its mid-February peak, by around 6 1/2 per
cent on a trade - weighted basis, following a period
of strong appreciation over the
previous year and a half.
The report from Sotheby's International Realty Canada says sales
of homes worth $ 1 million or more in the Greater Toronto Area rose 48 per
cent in 2015 from the
previous year.
The
previous Liberal government having increased spending 47 per
cent in its last six
years in office; the Conservatives having increased spending another 19 per
cent in its first three
years («good times»), and a further 20 per
cent over the next two («bad times»); after doubling spending, in short, in the space
of a decade, the government's notion
of restraint is more or less to leave it there.
The median price
of freehold properties decreased by 8.4 per
cent over the same month
of the
previous year, while the median price for condominium properties decreased by 2.1 one per
cent compared to the same period.
Some other resource prices have also edged higher with, for example, the US dollar contract prices for iron ore for the Japanese fiscal
year 2003/04 (beginning 1 April 2003) rising by around 9 per
cent on levels
of the
previous year.
Even while sales were down from the
previous year, the total dollar volume
of sales reached a new high
of $ 8.972 billion, which resulted in a 14.4 per
cent increase in all - property average sale price for the
year.
The median price
of freehold properties decreased by 8.2 per
cent over the same month
of the
previous year while the median price for condominium properties increased by almost one per
cent compared to the same period.
At the time
of the
previous Statement the Bank judged that underlying inflation was likely to fall slightly to around 2 1/2 per
cent in the second half
of 2003, and to remain around that rate over the following
year.
The median price
of freehold properties increased by 7.8 per
cent over the same month
of the
previous year while the median price for condominium properties increased by 49.1 per
cent compared to the same period.
In the three months to July, the average level
of recorded employment was 2.1 per
cent higher than a
year earlier, but lower than the average level in the
previous three months (Graph 33).
Total household assets rose by 6 per
cent over the
year to the December quarter 2004 (Table 7), in line with income but well below the average
of previous years.
National accounts data record a GDP decline
of 17 per
cent over the first two quarters
of 1998, after a flat performance during the
previous year, and imports have continued to fall rapidly.
Employment has continued to grow strongly, with the average level
of employment in the three months to December up by around 1.2 per
cent on the
previous three months and 2.3 per
cent on levels a
year earlier (Graph 41).
Correspondingly, the current account deficit has also widened over the past couple
of years, although the deficit for the September quarter, at around 6 per
cent of GDP (assuming that the net income deficit remains constant as a share
of GDP), is likely to have been smaller than in the
previous quarter.
The median expectation
of consumer price inflation over the
year ahead now stands at 3.5 per
cent, compared with levels
of well over 4 per
cent in the
previous couple
of years.
64 per
cent of respondents plan to spend more on corporate travel in 2018; this is consistent with the upward trend seen in
previous years
In its full
year results announced in February, the group's insurance profit margin
of 9.7 percent was near the top end
of guidance
of 8.5 percent to 10 percent, while its COR was within target range at 93.2 compared to 94.3 per
cent for the
previous corresponding period.
Half -
year profits
of the 158 companies in the ASX 200 index that reported for the half
year to December 2004 amounted to $ 29 billion, 91 per
cent higher than in the corresponding period
of the
previous year (Graph D1).
This measure has fluctuated around the 3 per
cent mark for much
of the past
year, but is well below the levels
of the
previous two
years.
According to a survey released in 2016 by the Association
of Professional Financial Advisers, 69 per
cent of advisers said they had turned away potential clients within the
previous year, with 43 per
cent citing affordability.
The
previous day the company reported net income attributable to common stockholders
of $ 976 million in the fourth quarter
of 2017, or $ 1.80 a diluted share, compared with a loss
of $ 515 million or 94
cents a share in the same period a
year earlier.
In the past five
years, in a reversal
of previous practices, the number
of elderly Japanese citizens living by themselves has increased by a startling 30 per
cent.
If by some way humanity were able to reduce the environmental impact
of all its technologies by 10 per
cent and there were no increase in per - person affluence, world population growth would return the collective impact
of humans to the
previous level in about five
years.
According to the food security survey
of the US Department
of Agriculture, 96 per
cent of poor parents stated that their children were never hungry at any time in the
previous year.
Australian Food News reported in August 2014 that had announced a profit
of $ 182.3 million for the first half
of 2014, a drop
of 19 per
cent compared to the
previous year before significant items.
M2 Group, owner
of Dodo and iPrimus, reported a full -
year profit
of $ 67.1 million, an improvement
of 53 per
cent on the
previous corresponding period.
Coca - Cola Amatil was another company that had experienced better
years, with the share price falling 17 per
cent on top
of the 17 per
cent it fell the
previous year, as consumers bought fewer carbonated soft drinks.
Kerry reported first half sales
of $ 1.96 billion, an 8.5 per
cent increase on the
previous year, although this included some $ 73.2 million in revenue from acquisitions.
In Lion's dairy and drinks division, volumes fell 17.4 per
cent on top
of a 7.3 per
cent decline the
previous year, dragged down by the sale
of Lion's low - margin everyday cheese business in May and the loss
of private label milk contracts with Coles and Woolworths in 2014.