Sentences with phrase «per cent per year»

Mortgage credit has also expanded more rapidly than the Canadian economy, which has grown at an average rate of 4.7 per cent per year over the past 15 years.
Global emissions from fossil fuel - burning and cement production grew by 2.5 per cent per year on average between 2004 and 2013.
This embedded commission is generally 1 per cent per year for equity and balanced funds, and lower for fixed income funds.
We used this approach extensively in managing investment funds, and over a 30 - odd year period we must have earned an average of some 20 per cent per year from this source.
If well invested at our assumed rate of 3 per cent after inflation, the return would partially make up for the loss of 7.2 per cent per year penalty charged.
An advisor might need to be hired at a cost of perhaps 1 per cent per year of assets under management to help them manage their ETFs.
The returns on my stock and my bond portfolio have worked out to an average of 8 per cent to 10 per cent per year since 2009.
Since 2012, the leaving rate has remained at around three per cent per year for both primary and secondary schools.
If well invested at our assumed rate of 3 per cent after inflation, the return would partially make up for the loss of 7.2 per cent per year penalty charged.
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.
This overlaps the craft evolution trend and the overall premiumisation trend that has seen global wine sales increase by an average of 3 per cent per year in value over the past 10 years, while volume has only increased by 0.5 — 1 per cent each year (Euromonitor International).
The number of people with a drug problem entering prison has climbed steeply since the mid-1980s: drug offenders increased by 20 per cent per year between 1986 and 1990.
It is hard to achieve CPP's «7.2 per cent annual bonus» for not starting benefits before 65 or 8.4 per cent per year paid after 65 with no investment risk and inflation fully covered.
Old Age Security benefits were still $ 75 per month, but they would now be indexed, with provision for automatic increases of up to two per cent per year based on inflation.
The fish catch had been growing at a record rate for two decades prior to 1970, but since 1970 the fish catch per person fell by 13 per cent or over 1 per cent per year Then fifteen years later in the mid-1980s there was an upturn of nearly 20 per cent due largely to the recovery of the depleted Peruvian anchoveta fishery.
«I get shouted down by producers all the time when I say this but we are going to have to increase our productivity by up to 3 per cent per year if we are going to stay ahead of the competition,» Mr Norton says.
Those costs referred to by the IFS include the 1 per cent per year public pay settlement, which was announced in the summer budget.
«The greater Toronto economy is creating five per cent per year more jobs,» he said.
Under the IEA «current policies» scenario — essentially business - as - usual that locks the world into average temperature rises of 6C — coal demand grows by 1.9 per cent per year out to 2035, and coal actually dethrones oil as the leading primary fuel around 2025, settling in at a share of just under 30 % of the global energy market by 2035.
France managed 2 per cent per year during its 30 year dash for nuclear electricity, when it went from 1 per cent nuclear - powered to 80 per cent.
For example, the U.S. housing market rose by five per cent per year up to 2013, though the economy has only grown by half as much.
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.
After a 4.6 per cent NDGP growth bounceback in 2017, the NGDP growth rate is forecasted between 4.1 to 4.3 per cent per year from 2018 to 2020.
But Canadian - born citizens who have had properties here for so long have seen appreciation of almost 10 per cent per year in most markets themselves, so it's not just the mainland Chinese who are driving up prices.»
More wind energy has been built in Canada between 2006 and 2017 than any other form of electricity generation, with installed capacity growing by an average of 15 per cent per year between 2012 and 2017.
While the GDP per capita increased by 2.1 per cent per year on average, happiness actually fell slightly (Journal of Development Economics, vol 86, p 22).
«Make the rich Ontarians not pay» may well be the most appropriate motto of Advanced Education Minister Naomi Yamamoto and the rest of the B.C. Liberals, who refuse to allow UBC and UVic to increase law school tuition levels (except by a measly two per cent per year for inflation) to match the average charged across Canada: $ 14,300 per year.
However, if she elects to defer OAS for five years, she can gain 7.2 per cent per year of her present $ 6,778 benefit.
The past few years have not been very kind to Canadian investors, with the loonie collapsing back down to 2003 levels and the S&P TSX underperforming the S&P 500 by 7.8 per cent per year since the bottom of the financial crisis.
Perhaps more importantly, if we take his new statements literally he is now predicting that installation of a Tory government will immediately cause the economy to grow at an absurd 10 per cent per year, 5 times the current rate by implementing only three - tenths of the Million Jobs Plan.
February's budget promised to hold overall expenditure growth at 1.5 per cent per year and health spending at 2.6 per cent.
Average factory pay in China is rising by 15 to 20 per cent per year, according to the Boston Consulting Group (BCG).
At its closest rival AT&T Inc., wireless service revenue has been rising just over 4 per cent per year.
The ACCA allows manufacturing companies to depreciate, for tax purposes, the value of newly purchased equipment and machinery at the accelerated rate of 50 per cent per year, reducing their taxable income in the first few years of owning the asset.
Funding would be guaranteed to increase by at least 3 per cent per year.
The decision to tie the growth in the CHT to the growth in nominal GDP — a rate of growth that will be less than the current 6 per cent per year — clearly indicates that the federal government recognizes that it is facing a «structural deficit» that needs to be confronted now.
Federal actions can have profound impacts on provincial finances (e.g., restraining the growth in the Canada Health Transfer from 6 per cent per year to between 3.5 - 4 %).
At a federal - provincial finance ministers» meeting in December 2012, the Finance Minister announced that, starting in 2017 - 18, the rate of growth in the Canada Health Transfer (CHT) would be reduced from 6 per cent per year to grow in line with a three - year moving average in nominal GDP, with a funding guarantee to grow by at least three per cent per year.
After the restraint measures are fully in place, the growth in direct program expenses are expected to increase by only 0.7 per cent per year.
This in an environment of expected wage and salary increases of 1.5 per cent per year, wage bracket creep and inflation averaging 2 per cent per year.
With the ageing of the population, most economists now believe that potential economic growth will now average less than 2 per cent per year.
«The services segment will grow between 13 per cent and 20 per cent per year over the next five years driven by continued growth in existing services along with new, innovative services,» Gene Munster, co-founder of Loup Ventures and a veteran Apple analyst, wrote in an email following the results on Tuesday.
Our best estimate is that potential output will rise by an average of 1 1/2 per cent per year over the next few years — that is not very impressive relative to history.2 We are counting on gains in productivity to deliver fully two - thirds of that growth.
Using the March 2013 Budget fiscal projections to 2017 - 18 and assuming that nominal GDP grows on average by 4 per cent per year — 2 per cent real growth and 2 per cent inflation — the target could be achieved in 2020 - 21, assuming no growth in federal debt post 2017 - 18.
Both our five and 10 year total returns to shareholders have averaged in excess of 20 per cent per year, ahead of virtually every major bank in the world.
Potential economic growth in Canada has fallen from almost 3 per cent per year a decade ago to under 2 per cent now.
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