The Liberal plan calls for a new 33 per
cent rate on Canadians who earn more than $ 200,000 per year.
Not exact matches
-- Increasing social assistance
rates by one per
cent for people
on disability supports and welfare.
On the economic front, the U.S. consumer price index rose a slight 0.3 per
cent in December, translating into an annualized
rate of 1.5 per
cent.
A 60 per
cent replacement
rate means that someone who earned $ 40,000
on average while working would receive $ 24,000 in retirement income from public sources.
In 2013, the average
rate on a five - year fixed mortgage was 2.99 per
cent.
On edge over rates and jobs Today's decision by the Reserve Bank on interest rates has become an extremely close call amid fears Australia's unemployment rate may have already reached 5.5 per cen
On edge over
rates and jobs Today's decision by the Reserve Bank
on interest rates has become an extremely close call amid fears Australia's unemployment rate may have already reached 5.5 per cen
on interest
rates has become an extremely close call amid fears Australia's unemployment
rate may have already reached 5.5 per
cent.
The Smart Savings account, launched in Canada and the U.S.
on Thursday, will offer a 1.7 per
cent interest
rate north of the border.
On the other hand, the sell - through
rate of new launches has plummeted, with 65 per
cent recorded this month, against 90 per
cent last month.
To further follow up, the company
on Monday announced it was slashing its roaming
rates by up to 60 per
cent.
RBC's capital markets division saw a 13 per
cent jump year -
on - year in net income to $ 748 million, primarily due to a lower effective tax
rate largely due to U.S. tax changes and higher results in corporate and investment banking and global markets.
In Toronto, information
on foreign buyers is more scarce, although a report from Canada Mortgage and Housing Corporation in April pegged the
rate of foreign ownership in the city's condo market at 3.3 per
cent.
Generally, you have two options: deduct the mileage
on business - related travel at 56.5
cents a mile (that's the 2013
rate), or own a car that you use exclusively for business.
«The value of the Canadian dollar went up too much, too fast over the last few weeks,» Luc Vallée, chief strategist at Laurentian Bank Securities, said
on July 17, when the exchange
rate was around 78 U.S.
cents.
«The new Liberal government has promised to quickly implement its promise to raise the statutory tax
rate on incomes over $ 200,000 from the current 29 per
cent to 33 per
cent.
That brings the effective tax
rate on the income down to about 20 per
cent.
The change would be eliminating the dividend refund that comes later, which could bump the effective tax
rate on passive income, in cases of high income earners, to the 70 - per -
cent - plus level Poilievre talks about.
As the nation watched horses
on Tuesday, Wednesday saw a bullish Reserve Bank increase interest
rates to 6.75 per
cent.
They noted in a jointly issued statement that it «pinned its hopes
on revenues growing at a robust average
rate of 5.6 per
cent over the next five years while holding program spending increases to an average
rate of 1.6 per
cent.»
On inflation, Poloz said recent readings have been «very reassuring» with both the headline and core
rates near its two per
cent bull's - eye.
When Cape Bouvard began speculative construction
on a $ 15 million, seven - level office building in early 2004, Perth's office vacancy
rate was 12 per
cent, the market outlook was dismal and construction costs were spiralling.
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.
Parents hoping to teach their children the power of compound interest
on their savings today will have a harder time than parents in the 1970s and 1980s, when interest paid
on savings accounts soared above 10 per
cent compared with
rates today, when even the highest - paying savings accounts sit in the low single digits.
«This would allow policymakers to focus their efforts
on absorbing the still elevated excess capacity in the economy,» she said, adding that she expects the central bank will keep its trendsetting policy interest
rate at one per
cent until mid-2015.
Last October, T - Mobile announced that it would eliminate international roaming fees by offering unlimited data and texting abroad in over 100 countries while offering a global flat
rate of 20
cents per minute
on voice calls.
Green's attack
on the lenders came after he discovered that loans of $ 300 were costing up to $ 1,600 because of fees and annualized interest
rates he found to be about 546 per
cent.
The central bank says in its latest analysis that the economy continues to depend
on monetary stimulus, so has decided to keep the trendsetting policy
rate at one per
cent.
#WITH a 28 per
cent success
rate in the exploration of the Timor Sea region, there is currently a strong industry focus
on offshore and onshore oil and gas development.
The company's gold division, despite the strong rise in the bullion price, remains second -
rate and most of this year's forecast pre-tax and pre-interest profit of $ 132 million (up 12 per
cent on 2003) will come from tantalum.
If we assume the average federal tax
rate on capital income is 25 per
cent (most capital income is taxed in the higher 22 per
cent, 26 per
cent and 29 per
cent tax brackets), this yields a revenue cost of $ 6.6 - billion, or 7 per
cent of federal income tax revenues.
Bank of Canada hikes interest
rate to 1.25 per
cent on strong economic data; Poloz notes NAFTA uncertainty
As can be seen in Figure 1,
on earnings up to one - half average wages and salaries, the benefits from Canada's publicly administered programs meet the commonly used replacement
rate target of 70 per
cent of pre-retirement earnings.
But the average
rate on the 30 - year mortgage has jumped more than a full percentage point since May and was 4.57 per
cent last week — just below the two - year high.
While we used to think of new mines as projects that required WTI prices near $ 100 per barrel to be viable, we can see 10 per
cent rates of return
on investment at WTI prices below $ US65 per barrel for a new build.
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 2075.
It's interesting to note that expenditure
on US GDP excluding housing construction was still growing at a
rate of 3 1/2 per
cent through the latest year (Graph 3).
Annualised, the interest
rate on that comes out at near 37 per
cent.
On the cost side, the same increase in the policy
rate might cut output by up to 1 per
cent and push inflation down by 0.5 percentage point relative to what it would have been otherwise.
In addition, the 5 -
cent cap
on employment insurance
rates reduces revenues by $ 0.6 billion in both 2012 - 13 and 2013 - 14.
This seems to be the growth track the U.S. economy is
on, with forecast growth averaging around 2 per
cent and the unemployment
rate remaining stubbornly high, in the 9 to 10 per
cent range.
Returning the
rate to that level, combined with the most recent uptick in the top marginal personal income tax
rate, would mean that Ontario investors would pay as much as 40 per
cent tax
on capital gains.
It seeks to achieve a
rate of increase in the Consumer Price Index of between 2 and 3 per
cent,
on average, over time.
That said, the equation fits the cycle pretty well (see Graph 5)[8] and Graph 6 shows the impact
on GDP growth of a 1 per
cent increase in the real cash
rate, maintained for two years.
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.
Thus, even though the Fed has now restored the funds
rate to a relatively normal level of 4.5 per
cent, world policy interest
rates on average remain well below normal.
Our impression of the structure and parameters of such models as these is that the result of the thought experiment above — a rise in short - term
rates in real terms of 1 per
cent — looks broadly similar in terms of its bottom line effect
on activity.
By contrast, industry leader Japan Airlines posted a 90 per
cent on - time
rating last year.
The Bank of Canada announced
on Tuesday it's going to leave the key interest
rate at one per
cent.
This is, however, still below the comparable figures in the United States, where 70 per
cent of corporate bonds
on issue are
rated below A +.
«We calculate a $ 2.36 / share offer price could generate an IRR of 12.3 per
cent, based
on our forecasts, a debt / equity structure of 30 per
cent / 70 per
cent, an interest expense
rate of 4.5 per
cent, a shareholder loan of half the equity value and an EBITDA exit multiple of 12 times,» the analysts wrote.
A recent report by the Conference Board of Canada estimates that, based
on the pace of the Canadian economy (and ignoring factors that are constraining our maneuvering space
on monetary policy, such as the situation in Europe and the Fed's interest
rate target), our key interest
rate right now should be 2.5 per
cent.