Sentences with phrase «higher transfer payments»

Dampening the impact of these developments were significantly higher transfer payments (excluding major transfers to persons and other levels of government), most notably for Indigenous and Northern Affairs Canada.
Program expenses were up $ 12.5  billion, or 6.8  per cent, due to higher transfer payments and operating expenses of departments and agencies.

Not exact matches

Within program expenses, major transfers to persons were up $ 1.1 billion, primarily due to higher old age security payments, reflecting an increase in the number of recipients and higher inflation, as benefits are indexed to quarterly changes in the consumer price index, major transfers to other levels of government were up $ 0.6 billion, reflecting legislative increases; while direct program expenses declined by $ 0.2 billion, as lower «other transfer» payments more than offset increases in departmental / agency operating costs.
The company is looking to raise up to $ 19 million through the sale of its own coin — OMG, short for Omise Go — which will be used to power a network that lets users transfer money and make payments without the need for a bank account or high service fees.
Expenses for other direct program expenses (excluding other transfer payments) could be $ 2 billion higher than estimated in Budget 2012, especially if the Government decides to book the shortfall in the environmental liability as identified by the Commissioner for the Environment and Sustainable Development.
Of the year - over-year improvement, budgetary revenues were up by $ 11.4 billion, primarily due to higher personal and corporate income tax revenues, while program expenses were up by $ 0.4 billion, as lower other transfer payments and employment insurance benefits were more than offset by higher transfers to provinces / territories, elderly benefits and other direct program expenses.
Although the forecast for budgetary revenues appears to be on track, with higher - than - expected personal income tax revenues more than offsetting lower - than - expected Goods and Service Tax revenues, the Budget 2012 estimate for other transfer payments appears to be significantly overstated.
In 2017 we've focused closely on bringing bitcoin's value to bear on the problems of high - value payments, which are often subject to slow bank transfer times or high processing fees and fraud rates with credit cards.
Budgetary revenues were up by $ 9.8 billion, primarily due to higher personal and corporate income tax revenues, while program expenses were down by $ 4 billion, due to lower «other transfer payments» and employment insurance benefits, partially offset by higher transfers to provinces and elderly benefits.
The quoted interest rate was actually higher for the conforming loan, but this was due to the fact that the lender assumed that our hypothetical borrower would agree to preauthorize monthly payment transfers.
Among the major components, major transfers to persons were up $ 1.9 billion, reflecting higher elderly benefit payments, partially offset by lower employment insurance benefits.
Bitcoin shines in providing fast settlement times and affordable transfer costs for high - value payments, and we hope bitcoin users will take advantage of these strengths.
The remainder reflects somewhat higher revenues (difficult to assess which components as the «adjustment for risk» was spread among the major revenue components) and lower employment insurance benefits, other transfer payments and public debt charges.
Also identified in the document are potential use cases for cryptocurrencies, such as a more portable, fungible, divisible store of value; trading that can result in capital gains or loss; payments for goods and services; and an alternative route to circumvent high transaction fees to transfer money for domestic or international purposes.
The deterioration in the deficit primarily resulted from lower corporate income tax revenues, down 16.3 % (in part reflecting higher refunds), lower GST revenues, down 7.6 %, lower employment insurance premiums, down 12.5 % (reflecting a decline in EI rates effective January 2017), and higher other transfers and subsidies, up 38.0 % (reflecting the timing of payments related to recent budget proposals).
Major transfers to other levels of government should be about $ 0.4 billion higher than the FES forecast as recoveries under the Alternative Payments for Standing Programs are below that forecast.
Other limiting factors are low wage growth, high unemployment, the large numbers of workers who have dropped out of the labor force, declining home prices, higher tax payments and a flattening out of transfer payments.
It would make more sense to make a payment at lower interest instead of transferring it over to a line of credit with higher interest.
Also, if you've got decent credit but have high interest credit card debt, you may be able to lower your card payments by considering the possibility of moving your balance over to balance transfer cards, but only if they turn out cheaper for you in the long run.
Both exchanges support debit cards and wire transfers as a means of payment and have very high trade volumes.
sorry this is a bit of the subject does anyone know what the situation with our overall debt is at the moment and what our repayments are i was under the impression that we are at about the # 245 million mark gross debt and about # 97 net debt are the stadium repayments lower now or something is the bonds interest dropped lower inprice we were paying something like # 20 - # 30 million in repayments but heard its down to about # 15 million per yr now i know we will have broken throught the # 300 million mark in revenue now i am guessing that contributes more to the transfer funds or if not what makes up the transfer funds in the club i.e deals or match day revenue plus cash in the bank which stands at a high level but must be just in case we might default on a payment we need heavy cash in hand to bail us out this side of the club really intrigues me as it is not a much talked about subject unless you are into that type of area of work or care about the general fianacial outcome of the club does anyone have more insight into our finances would be great to hear from anyone about this matter cheers gonerwineverything (because we are)
The plans by major global card companies to enter China comes at a time when Chinese consumers are increasingly turning to mobile online payments and money transfers using WeChat and Alipay, which has already caused a high adoption of services by domestic retailers.
Payment Information: The successful high bidder will submit a $ 500 non-refundable deposit of your choice PayPal, Visa, Master Card, Discovery, American Express, Money Order, Certified Check, or bank wire transfer within 24 hours of the auction closing to secure the vehicle.
Use a home equity line of credit or balance transfer checks to try and consolidate as much high - interest rate debt as possible into a single low interest rate and monthly payment.
Of course, your monthly payment in the balance transfer scenario is much higher, $ 753.
Balance transfer credit cards can provide some temporary relief from high interest payments, however, once the introductory period expires you're right back where you started with another high interest payment to make.
These costs may include a land transfer tax (an escalating levy that rises to 2 % of the purchase price), a bank appraisal fee ($ 300), legal fees (roughly $ 1,200), as well as a high - ratio mortgage insurance premium, which is required if you make a down payment of less than 20 %.
If your utilization is higher than that amount, accelerate payments to accounts with the highest balances, or consider transferring some of the balance to a card with a small balance.
If you keep low balances in checking and keep higher balances in a savings account and do a transfer each time you pay your credit card, automatic payments are probably not right for you.
Cash advance rates are typically much higher than balance transfer or purchase go - to rates so it's important to have a quick payment plan as the interest will accrue at a much higher clip.
The credit card issuer has the option to apply the $ 60 of your minimum payment toward the high rate purchase or to the low rate balance transfer.
If you take a high interest loan, make every payment on time, pay down the balance as quickly as possible, and renegotiate the terms or transfer the loan balance once your credit situation improves.
This means that should the credit card holder make a late payment, miss a payment or go over the credit limit the balance transfer amount could go from the promotional rate to a higher standard or even punitive interest rate.
While the higher minimum payment Chase probably can justify since the balance transfer offer didn't specify it would be different than the card's overall terms (although if they aren't applying it uniform to all cardholders, that could be a problem for them), changing the interest rate on the promotional offer by imposing this new «service fee» on exactly the same accounts still benefiting from such an offer is outright fraudulent if you ask me.
Filed Under: Debt Consolidation, Personal Finance, retirement, Student Loans Tagged With: 401 (k), auto debit, auto transfer, credit cards, Debt Consolidation, Debt Problems, down payment, emergency fund, high interest loans, house payment, rainy day fund, reserve funds, retirement, student loans
Debt consolidation using balance transfer checks to combine multiple high interest rate credit card debt into a single payment will also benefit your credit report.
If you have three or four balance transfer checks available at 0 % interest for 12 months it can sometimes be wise to consolidate multiple high interest rate credit card balances to a single credit card and make principal only payments for 12 months to get excessive debt back under control.
Your payments will be applied toward your low - interest balance transfer first, while the purchases you made at a higher - rate APR accrue interest.
This is a more stringent calculation that may likely result in higher income payments made to the trustmaker so this approach may or may not be preferred depending upon whether the goal is to transfer MORE or LESS income to the grantor.
Transferring funds from an instant payday loan to your credit card payment is very high risk financial activity.
They allow us to transfer higher - rate balances to one low - rate credit card, thereby allowing us to both simplify our monthly debt payments and save money.
It would make more sense to make a payment at lower interest instead of transferring it over to a line of credit with higher interest.
You can transfer your existing balance and make higher payments during this period to pay off the card.
Highest interest balances paid first: When consumers have accounts that carry different interest rates for different types of purchases (i.e., cash advances, regular purchases, balance transfers or ATM withdrawals), payments in excess of the minimum amount due must go to balances with higher interest rates first.
If they accept credit card payments online via transfer from another institution, there's no reason to move your money, unless there are other benefits (higher interest rates).
Set up an automatic recurring payment to regularly transfer money into a high - interest savings account that is easy to deposit into but hard to withdraw from.
Then, as you pay off each debt, cancel that automatic payment and create a new one to transfer the extra money to the debt that is your next highest priority.
A savings account that generally earns higher rates than regular savings accounts and limits you to no more than a total of six automatic or preauthorized transfers, telephone transfers or payments (including check, draft and point of sale transactions, if checks or debit cards are allowed on the account) from a savings account each monthly statement cycle.
Transferring your balance from the credit cards that have high interest rates and payments to a low or 0 APR credit card is an option.
The goal of the best balance transfer cards is to help you save money on interest payments, particularly for high interest credit card debt.
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