The proposed cuts would initially slash funding to the gallery by a third, falling from an annual grant of # 614,000 to # 400,000, with further reductions leading to a total cut of 50 per
cent planned in years to come.
Not exact matches
In a move likely aimed at appeasing competition regulators, the mining companies scrapped
plans to jointly market up to 15 per
cent of production from their Pilbara operations.
The investment indicator
in the Business Outlook Survey weakened significantly from the summer report, as the balance of opinion between firms
planning more spending on machinery and equipment versus those predicting less dropped to 17 per
cent from 29 per
cent in the summer and 35 per
cent at the start of the year.
Microcap fund manager Acorn Capital has increased its stake
in listed Perth - based financial
planning firm
Plan B Group Holdings to control almost 10 per
cent of the voting power.
Shares
in Geopacific were up 9.3 per
cent today as the company announced a $ 3 million rights issue, with the company
planning to step up exploration activity at its Cambodian Kou Sa project.
While Scout and Highfields significantly represent nearly 10 per
cent of shares, they are not
in the majority, and other institutional investors haven't publicly criticized Tim's execution of its U.S.
plans.
President Donald Trump told lawmakers he would support a 25 -
cent increase
in the federal gasoline tax to pay for his
plan to upgrade U.S. public infrastructure, a congressional aide said.
Exploration firm Resource Star has announced
plans to acquire a 60 per
cent interest
in a Chinese company which holds an exclusive licence to produce and distribute Candy Crush confectionery
in Asia.
Mineral Resources announced today that it
plans to use its 12 per
cent stake
in Aquila Resources to push for a role building and operating the proposed $ 7 billion West Pilbara iron ore project.
Shares
in Perth - based Carbon Conscious have surged on news it commenced milk production at a Chinese - owned dairy farm
in the South West, with the company
planning to expand its cow herd by nearly 500 per
cent by 2017.
Shares
in VDM Group were up 125 per
cent on news it had attracted a new cornerstone investor for an $ 18 million capital raising, highlighting the company's
planned shift from construction to mining.
Shares
in uranium miner Bannerman Resources dropped 15.3 per
cent on news it initiated a discounted share purchase
plan to raise up to $ 2 million.
TPG Telecom has lifted its stake
in Amcom Telecommunications to 19.9 per
cent, making it harder for Amcom to win approval at next week's shareholder meeting for its
planned merger with Vocus Communications.
At first glance, the
planned $ 600 million expansion of Perth's Karrinyup Shopping Centre seems to run counter to the relentless march of internet retailing, especially as a fresh report predicts that 50 per
cent of all retail sales will be made over the internet
in less than 10 years.
Bank of America said it
plans to increase its quarterly common stock dividend to 12
cents a share, a 60 percent increase, beginning
in the third quarter of 2017.
Shares
in Geopacific Resources were up 9.3 per
cent today as the company announced a $ 3 million rights issue, with
plans to use the funds to step up exploration activity at its Cambodian Kou Sa project.
The study also found that, overall, 31 per
cent of respondents
planned to invest more
in their business this year.
Nickel miner Western Areas is moving forward with
plans to increase its holding
in South Australian tenements held by Monax Mining and Strandline Resources to 90 per
cent, and will begin a new drilling campaign
in the coming weeks.
The telecom sector was ahead 0.7 per
cent with shares
in Manitoba Telecom Services (TSX: MBT), which announced last week
plans to sell its Allstream business, ahead $ 2.07 or 6.1 per
cent to $ 36.
Matlin, who holds a nearly eight per
cent stake
in the company, had previously said he
plans to rally shareholders to put him back
in charge.
Successful diversified Perth - based miner Straits Resources Ltd is
planning to spin - off 40 per
cent of its major asset into a new, initially energy - based clone
in Singapore later this year.
Since he announced his
plan to retire
in February, US shareholders such as Fidelity and Lazard have reduced their stakes by at least 1 per
cent, according to public filings.
The heavy rare earths developer announced this week it had received valid applications for $ 11.7 million
in shares under the
plan, pitched at 7.8
cents a share at the time of closing on the 12th of February.
Small business accounts for 97 per
cent of all businesses
in Western Australia, but an estimated 40 per
cent do not have a strategic business
plan.
TORONTO — The 2013 - 14 financial year was an unusually strong one for the Canada Pension
Plan Investment Board, which earned a 16.5 per
cent annual return on the billions of dollars
in assets it manages for the national retirement system, but its CEO cautions that level of growth likely won't soon be repeated.
Twenty - eight per
cent say they
plan on setting aside money
in both accounts; 19 per
cent say they will just contribute to an RRSP and 13 per
cent say they will only use a TFSA.
The company completed a 15 per
cent cut to its workforce
in January and February, eliminating between 500 and 700 jobs, as part of its
plan to trim $ 1 billion
in cumulative capital, operating and administration costs over two years.
The poll also found that 31 per
cent of those surveyed say they aren't
planning on putting away retirements savings at all this year, a jump from 28 per
cent in 2012.
Trump said Monday that Canada and Mexico might be spared from his
plans for a 25 per
cent tariff on steel imports and 10 per
cent tariff on aluminum imports if they agree to better terms for the U.S.
in talks aimed at revising the North American Free Trade Agreement.
He said the company incurred redundancy costs and had to hire new staff and this had slowed its
planned expansion, which would involve between 6 per
cent and 7 per
cent growth annually
in store numbers.
Their
plan proved difficult to execute: less than two
cents of every dollar spent by blacks
in the U.S. goes to black - owned businesses, and it's hard to say what's cause and what is eff ect.
«This is one
in the list of things that we are doing to remove costs from the system, whether it's the suspension of the long - term energy
plan, whether it's renegotiating the Samsung (green energy) deal... and removing the eight per
cent provincial portion of the HST (from hydro bills) as of January,» she said.
TORONTO — Loblaw Companies Ltd. (TSX: L)
plans to unveil about 700 Joe Fresh stores
in the U.S. next year as Canada's largest grocery chain works to ramp up sales of its hip fashion line to help bolster earnings that dropped by 19 per
cent in its most recent quarter.
The survey found that while some 39 per
cent planned to travel within their home province, almost one
in five, or 19 per
cent, were looking to go abroad.
NEARLY 40 per
cent of employers across the nation
plan to increase permanent staff numbers
in the next three months, according to the latest Morgan & Banks Job Index.
The company had already announced 300 people were being laid off at its head office
in Waterloo this week as part of a broader
plan that will reduce its global workforce by about 40 per
cent.
Shares of Potash Corp. and Mosaic Co., Canada's largest potash producers, both tumbled about 20 per
cent after Uralkali forecast that its actions, including a
plan to ship more potash to China, would result
in a US$ 300 per tonne potash price, a far cry from the usual floor price of US$ 400.
Despite the rise
in collaborative workplace technology over the last several years, email continues to be the primary mode of communication: a whopping 91 per
cent of enterprise teams prefer to use email over any other communication method («
planned meetings» are a distant second at 68 per
cent).
In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 207
In the 23rd Actuarial Report on the Canada Pension
Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that,
in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 207
in spite of the substantial increase
in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 207
in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per
cent for employers and employees combined would be more than enough to pay for benefits through 2075.
The
plan for the next two years calls for nothing more than an «increase over previous year» culminating
in a 20 per
cent total increase by 2010 - 2011.
The Update incorporates the October average private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase
in employment insurance rates of only 5
cents (employee rate) for 2012, rather than the 10
cents set
in legislation As a result, the balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action
Plan Saving Target»).
In the latest figures from the Office of the Chief Actuary the number of Canadians enrolled in a workplace pension plan declined further from 34 per cent to 32 per cent by 201
In the latest figures from the Office of the Chief Actuary the number of Canadians enrolled
in a workplace pension plan declined further from 34 per cent to 32 per cent by 201
in a workplace pension
plan declined further from 34 per
cent to 32 per
cent by 2010.
Program expenses were up only 0.4 per
cent, as the ending of most of the stimulus spending
in the Economic Action
Plan and lower employment insurance benefits nearly offset increases
in transfers to other levels of governments (spending
in this area is largely set
in legislation) and
in elderly benefits.
Under the Canada Economic Action
Plan the deficit will be eliminated by 2015 - 16; although total net public debt will have increased by $ 150 billion, the debt ratio will have declined to 33.0 per
cent in 2015 - 16 and reach the government's target of 25 percent by 2019 - 20; program spending will fall to below 13 percent of GDP and will continue to fall thereafter; public sector jobs have been eliminated; and income and corporate taxes have been cut.
Planning for the future — but still not confident Despite using various financial tools for retirement savings such as RRSPs (45 per
cent), cash savings (43 per
cent), or TFSAs (39 per
cent), 45 per
cent of Canadians are still not confident that they will have enough money
in retirement to afford the lifestyle they want.
The
plan would help get our region moving again through the addition of 50 new SkyTrain cars, a 46 per
cent increase
in Canada Line capacity, five new West Coast Express cars, up to 5 news B - line rapid bus routes, and a new SeaBus.
Furthermore, only one
in 10 Canadians (12 per
cent) say they are using /
planning to use an annuity to ensure they have enough money to lead their chosen lifestyle
in retirement.
In terms of debt reduction, we are very encouraged to see that B.C.'s direct operating debt is forecast to be $ 1.1 billion by the end of the current fiscal
plan period, which marks a 90 per
cent reduction since 2013 - 14.
First, make sure
in budget
planning that the debt level averages around 30 per
cent of GDP (roughly where it is now) over the next four years.
In the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GD
In the 2006 Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the federal debt - to - GDP ratio to 25 per
cent by 2012 - 13; to eliminate the total government sector debt (which includes the federal, provincial and local governments as well as the Canada and Quebec pension
plans) by 2021; and finally, to keep the growth
in program expenses below the rate of growth in nominal GD
in program expenses below the rate of growth
in nominal GD
in nominal GDP.