Sentences with phrase «of cents of interest»

So don't leave the TFSA December Shuffle until December 31, you'll likely want to do it before Christmas to be safe, right after Christmas if you want to squeeze those last couple of cents of interest out of your TFSA.

Not exact matches

There was also a non-cash gain of $ 133 million from a deal to buy a 37 per cent interest in Canbriam Energy Inc. in exchange for northeastern B.C. mineral land holdings and $ 52 million.

Yet the Prime Minister's Office appears to think an economy that has been growing at an annual rate of around three per cent for nearly a year is too weak to absorb interest rates that still are near record lows.

TORONTO — Progressive Waste Solutions Ltd. (TSX: BIN) has acquired a 19.9 per cent interest in TerraCycle Canada, a specialty recycler that collects items such as cigarette butts, coffee capsules and drink pouches — sometimes as part of local fundraising campaigns.

The government already spends about $ 12 - billion each year to pay interest on its debt, about 8 per cent of revenue.

When those prices collapsed anew a few years later, the central bank dropped the benchmark interest rate back to its crisis - era setting of 0.5 per cent %.

An earlier survey this summer found 77 per cent of respondents would have trouble absorbing an additional $ 130 per month in interest payments.

• More than half (58 per cent) of Canadians pay their credit card balance in full each month, avoiding credit card debt and interest payments altogether.

«(With an alternative lender), the interest rates are higher, the qualifying rate is higher than if you were going with a traditional bank and they are going to charge one per cent of the mortgage amount (as a lender's fee) for closing, so that means your closing costs increase.»

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.

Nedlands - based explorer Bullabulling Gold has advised its shareholders to reject Norton Gold Fields» increased takeover offer of 8 cents per share to obtain a 30 per cent interest in the company.

The tussle for control of Phoenix Gold intensified today after Zijin Mining Group struck a pre-sales agreement with one of the miner's largest shareholders, boosting its interest to 17.9 per cent ahead of announcing a cash takeover bid that values the business at $ 47 million.

The family that holds a majority interest in Diploma Group has formally launched a takeover offer for all shares it doesn't own in the business, at a bargain basement price of 1.5 cents per share.

Austbrokers Holdings has expanded into the Western Australian broking sector with the purchase of a 50 per cent interest in Bunbury - based insurance broker NEXUS Risk Services.

Less than half of 1 per cent of Australia's agricultural land is owned by Chinese investors, while UK investors make up the largest proportion of overseas interest in Australia, according to a new report.

Perth exploration firm Hannans Reward has entered into a joint venture agreement with Reed Resources for 20 per cent interest in its Lake Johnston nickel sulphide project west of Norseman.

«As our ownership interest in TC PipeLines is approximately 25 per cent, the impact of the FERC actions related to our MLP is not expected to be significant to our consolidated earnings or cash flow,» he said on the call.

Eighty per cent of CEIBS» international grads express interest in working in China after graduating, but, says MBA director of Admissions and Career Services Yvonne Li, «the successful staying rate is 50 %.»

The Canadian company said Thursday that it's co-operating with a previously announced Sears Holdings» strategic review of its 51 per cent interest in Sears Canada.

The central bank stuck with its benchmark interest rate of 1.25 per cent Wednesday as it continued along a careful process of determining the appropriate juncture for its next hike.

TORONTO — The head of Canada's central bank is leaving Canada's key interest rate unchanged at 1 per cent.

Placer can claw back its interest in these projects, or any of Templar's other gold exploration projects in Australia, to 70 per cent if further exploration proves them to be of a size and quality which would interest the gold giant.

Besides the Toronto Star newspaper and its affiliated website, Torstar owns daily and community newspapers throughout Ontario, a 56.4 per cent interest in VerticalScope and minority interests in a number of other companies.

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.

But homebuying activity has also since been dampened by the Bank of Canada's move in January to hike interest rates to 1.25 per cent.

The Bank of Canada's current estimate of the neutral rate of interest is 2.5 to 3.5 per cent, down from a range of 3.0 to 4.0 per cent a little more than three years ago.

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.

Since the bank's inflation bull's - eye is two per cent, the latest reading reinforced experts» expectations that Bank of Canada governor Stephen Poloz will continue to gradually raise the trend - setting interest rate.

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.

There, about 85 per cent of men's clothing and about 95 per cent of women's dresses and about 95 per cent of furs and almost the whole wearing - apparel business are in Jewish hands with the interest of New York Jews predominating.

On the contrary the Jewish interest is solely in the marketing of petroleum products and even there it is probably no more than 5 per cent, the chief marketer being American Oil of Baltimore, and American Oil, though still managed by the Blausteins, who founded it, is now controlled by a Standard of Indiana subsidiary.

If Poloz was correct, and the media only care about prices when they spike to absurd levels, then let me suggest that some us are about to make up for it by working overtime to explain why the Bank of Canada wants to raise interest rates even though core inflation is trending away from the two - per - cent target.

There is an entire group of industries like wool, silk, cotton, and rayon weaving when the Jewish interest in production is small, being 5 to 10 per cent in wool (for example, L. Bachmann of Uxbridge Worsted, Austin T. Levy of Stillwater Worsted, and Allen and Bernard Goldfine), 15 per cent in silk (for example, Hess, Goldsmith & Co., David Silks, Inc., Widder Bros.), 5 per cent in cotton (the Cone family of North Carolina, Sigmund Odenheimer of New Orleans, Elias Reiss of New York), and 16 per cent in rayon - yarn production (Industrial Rayon and Celanese Corp.) But in these same industries the Jewish interest in distribution is large, half the wool sales agents and jobbers, three - quarters of the silk converters, and three - quarters of the cotton converters being Jews.

Bank of Canada hikes interest rate to 1.25 per cent on strong economic data; Poloz notes NAFTA uncertainty

Meanwhile, the total household debt service ratio, measured as total obligated payments of principal and interest as a proportion of household disposable income for both mortgage and non-mortgage debt, remained flat at 13.8 per cent in the fourth quarter.

He said however that Mr Noonan «is against a write - down for the Greeks because it wouldn't be in the interest of his party», but it would in the interests of 99 per cent of Irish people who «share the same interests as Greece».

The suggested fixes include capping loans at 65 per cent of the home value, introducing new and more conservative means of estimating how much a residence is worth, and amortizing the loans (meaning that borrowers would have to repay the principal within a certain time frame, as in a mortgage, whereas now they can simply keep paying interest on their HELOCs).

MNP survey found that 51 per cent of respondents fear rising interest rates could impact their ability to repay their debts.

At the end of last week, JP Morgan Chase and Citigroup both reported 17 per cent first - quarter profit jumps, buoyed by the election of Donald Trump and higher interest rates.

For the six months to December 31, it reported a 9.1 per cent rise in underlying earnings before interest, taxes, and amortisation to $ 72.8 million, on the back of record gross written premium (GWP) growth across both its underwriting and broker network units.

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).

If the rate of interest charged to the borrower is also 5 per cent, the borrower will have to reimburse an amount of $ 21,000 at the end of one year.

The speech makes clear that the Bank's monetary policy frameworks centres around a flexible inflation target that aims to deliver an average rate of inflation of between 2 - 3 per cent over time and in a way that best serves the public interest.

Given the movements in interest rates in the past year along with the dollar's fall it is reasonable to estimate that expectations of exchange rates of the dollar against the euro 10 years from now have fallen by perhaps 15 per cent.

This growing interest in India is not surprising; with average real annual growth of 8.75 per cent over the 2003 to 2007 period, India is emerging as an economic heavyweight in the region.

The US export sector is getting the benefit of a lower dollar; there's a significant fiscal package in the pipeline, which will add more than 1 per cent of GDP to private spending power; and sharp cuts have been made in US official interest rates, with financial markets expecting more to come.

[11] The left - hand side bar in Graph 6 shows the approximate interest payments (of 5 per cent) that such a borrower makes during the interest - only period.

All the major countries had reduced interest rates to unprecedented levels in the early part of this decade — 0 per cent in Japan, 1 per cent in the United States and 2 per cent in the euro area — and they maintained this position for a prolonged period.

Among other things, banks were required to limit new interest - only lending to be no more than 30 per cent of new mortgage lending.

The combination of higher interest rates and tighter lending standards contributed to the share of new loans that are interest - only falling comfortably below the 30 per cent limit.