Growth in the Canadian economy is projected to reach 2.8 per
cent this year before slowing to 2.0 per cent next year and 1.6 per cent in 2019.
24 per cent of respondents expect their travel expenditures to remain flat in 2018, down from 32 per
cent the year before
I looked up the COLA for the past decade and found that on average the reimbursement rate for free has gone up 7 cents a year since the 2000 - 01 school year; in recent years it was higher than average (up 11 cents from 08 - 09 to 09 - 10, up 10
cents the year before that) but it was lower in other years (up 5 cents each year from 01 - 02 to 04 - 05).
That's an increase from 4.2 per
cent the year before, but still below the decade - ago high point.
Meanwhile 10.3 per cent of grammar, punctuation and spelling applications for re-marks were successful, a drop from 12 per
cent this year before.
The billable hour came out on top again, with 50.5 per cent — essentially unchanged from 2016 and up from 46.8 per
cent the year before.
Average return on equity, however, dipped to 15.6 from 16.6 per
cent the year before.
Not exact matches
On Wednesday afternoon, the benchmark U.S. 10 -
year bond was yielding 2.35 per
cent, up 15 basis points from
before the Fed statement and up sharply from about 1.6 per
cent at the beginning of May.
Even
before Wednesday's decision, five of the country's largest banks hiked five -
year fixed rates 15 basis points to 5.14 per
cent last week.
• According to the same report, 21 per
cent of Canadians who purchased their home
before 1990 still haven't paid it off after more than 27
years, while one per
cent of Canadians who purchased homes between 2014 and 2016 have negative equity in their property.
Belarusian Potash Co. supplied about 42 per
cent of the world's potash exports
before it broke up and sent prices to a four -
year low as major buyers like China and India waited to see how far prices would fall.
As well, the company's gross margins
before fair value adjustments shrunk from 58 per
cent of sales or $ 12.5 million, compared to 64 per
cent of sales or $ 6.2 million in the fiscal third quarter a
year ago.
Perth - based contractor SRG says it expects a 50 per
cent uplift in underlying profit
before tax for the 2016 financial
year.
The average selling price for all homes in the Greater Toronto Area, including houses and condos, surged to $ 916,567 in March, a 33 per
cent rise from the
year before, according to the Toronto Real Estate Board.
In the last quarter
before completing the acquisition, Innergex had net earnings of $ 3.5 million or five
cents per share, down from $ 8.8 million or eight
cents per share last
year after an increase in financing costs and other financial impairments.
The Wall Street Journal says executives are preparing to reduce the company's staff by as much as 40 per
cent before the end of the
year, citing people familiar with the matter.
HSBC Canada reported a fall in profits,
before income tax expenses, of $ 206 million for the fourth quarter, down 18 per
cent from a
year earlier.
The company's search data, however, show interest in Calgary has been flat, while the number of inquiries for Edmonton is up 50 per
cent in the first quarter compared to the
year before.
Before the start of trading Wednesday, Maple Leaf reported a profit of $ 27.9 million, or 22
cents per share, for the quarter ended March 31 compared with a profit of $ 30.1 million, or 23
cents per share, a
year ago.
Admittedly, Finance Minister Jim Flaherty has lifted that limit several times
before — in 2007 its was $ 350 billion... meaning that taxpayers» exposure to the housing market has risen by 70 per
cent in just four
years.
TrueCar posted a loss of 1
cent per share on revenue of $ 74.1 million, 17 percent from the
year before.
Despite a one - time, $ 425 - million charge tied to tax reform in the U.S., BMO reported $ 973 million in net income for the quarter ended Jan. 31 of this
year, with revenue growth of about 5 per
cent compared with the
year before.
In the U.S., sales of compact cars and small crossovers jumped 40 per
cent in March and April from the
year before, and now account for nearly one - quarter of all sales, up from less than than 20 per
cent last
year, according to a report from Scotia Economics.
On the London Metal Exchange, it was nickel's turn in the spotlight as it soared 12 per
cent at one point to a more than three -
year high of $ US15, 875 a tonne,
before closing up 7.5 per
cent at $ US15, 275, its largest daily gain in 6-1/2
years, Reuters reported.
In Canada, the federal government currently has a sustainable fiscal structure, but one built around a relatively small federal government, and a stable debt - to - GDP ratio, that averaged around 33 per
cent between 2009 - 10 and 2012 - 13, and 29.6 per
cent in the three previous
years,
before the 2008 - 09 recession
Inflation is currently running at over 4 per
cent, and likely to be around that level for another
year or so, on our most recent forecasts,
before it comes down.
Total inflation has been close to 2 per
cent and is expected to dip to about 1.7 per
cent in the middle of the
year before returning to near its target.
«Their New
Year's MSP increase will have families paying 80 per
cent more than they did
before the Liberals took office.»
It takes more than a
year for a change in the benchmark interest rate to affect borrowing decisions, so to contain inflation, Poloz and his deputies on the Governing Council must raise interest rates
before the CPI actually touches two per
cent.
In 2010, sales fell more than 20 per
cent from prior
year highs
before forging higher again.
In the U.S. retail market, the price of regular gasoline averaged $ 3.42 a gallon on Friday, a decline of 13
cents from a month earlier and down 38
cents from a
year before, according to AAA.
If Sid were to grow his $ 549,000 RRSP at three per
cent per
year after inflation and were to spend all capital and income starting at 65 in the 25
years to age 90, he could withdraw $ 31,528 per
year in 2018 dollars
before tax.
If the balance grows at three per
cent per
year after inflation and Sid spends it over the next 25
years from age 65 to 90, it would support payouts of $ 3,300 per
year before all capital and income is exhausted.
Within budgetary revenues, personal income tax revenues declined by $ 1.2 billion (0.8 %), largely reflecting the impact of tax planning by high - income individuals, which recognized tax liabilities in the 2015 taxation
year before the new 33 per
cent tax rate came into effect in 2016.
That
year prices rose by almost 10,000 per
cent before the collapse of Mt Gox, the biggest online bitcoin exchange, sent it crashing.
Even so, Mexico and Thailand reported ratios of 10.5 per
cent and 7.7 per
cent in the
year before their economic crises.
Assuming that they invest $ 1.5 million of their financial assets at 3 per
cent after inflation and use up all income and capital in the 37
years to Nancy's age 95, it would generate $ 65,700 per
year or $ 5,475 per month
before tax.
If these numbers are realistic, the portfolio balance model would suggest that the exchange rate has to appreciate initially by some 30 per
cent (and will appear seriously and persistently uncompetitive for trade in goods and services),
before depreciating by 3 per
cent per
year over the following decade.
Results from the Bank's latest quarterly survey of financial market economists show that the median inflation forecast is 2.1 per
cent over the
year to June 2004,
before picking up to 2.4 per
cent over the
year to June 2005; forecasts for both periods are lower than they were in November 2003 by 0.1 percentage points (Table 16).
European yields have generally taken their lead from developments in the US over recent months, with yields on German 10 -
year government debt also falling toward 4 per
cent in mid January,
before increasing to 4.2 per
cent after the Fed's late January monetary policy announcement.
It was $ 15.5 - billion (U.S.) in 2015, down nearly 60 per
cent from the
year before, mainly because of tumbling oil and gas prices.
Yields on 10 -
year bonds reached a 17 - month high of 6.0 per
cent in early December
before falling back to around 5.7 per
cent, albeit around 110 basis points higher than their trough in mid June 2003.
The Japanese authorities slowed the very heavy intervention they had been undertaking in earlier months and the yen appreciated by as much as 8 per
cent to 108 against the US dollar between end August and late October — its highest level for nearly three
years —
before weakening a little.
If this sum, still continuing to grow at 3 per
cent after inflation, were paid out for the next 38
years to her age 95, it would provide $ 55,832 a
year before tax.
What they take out of CPP could be invested, but matching the 7.2 per
cent annual penalty for each
year of withdrawal
before 65 or 8.4 per
cent for delaying withdrawals from CPP to 70 with investment gains is tough.
The OIS market has a probability of 32 per
cent attached to an RBA rate hike of 25bp
before the end of this
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.
In its quarterly report on the dairy market, Rabobank said key commodities in USD prices fell 10 to 15 per
cent in the first two months of the
year before stabilising in the first half of March.
After a 12 per
cent slump in earnings
before interest and tax in the June - half last
year, group EBIT edged up 0.1 per
cent to $ 316.9 million.
This saw Australian wine imports to China decline 8 per
cent in 2013,
before returning to growth last
year, according to Wine Australia the country's peak marketing body.