Sentences with phrase «per year cut»

Not exact matches

The CAQ has proposed cutting these tax credits in half to $ 2 billion per year, and instead coming up with «incentives» to «encourage private investment that would actually be productive for Quebec.»

And cutting its plan to four films per month will probably make new customer acquisition a lot harder for MoviePass, which has grown massively since dropping its price last year.

St. Louis - based Anheuser - Busch, the largest U.S. brewer, said earlier this month it had cut its water use by 32 per cent in the last five years by sponsoring preservation initiatives in water basins critical to its breweries, and by installing U.S. Department of Agriculture real - time weather and crop water - use data meters on suppliers» farms.

If you spread the spending impact over your entire retirement, you would need to cut your spending back by about $ 520 per year in today's dollars.

Budget cuts not possible - Buswell The state government's economic policy was in tatters last night after Treasurer Troy Buswell conceded he would not achieve the controversial 3 per cent cuts expected to pay for election promises in this year's budget.

Potash Corp. of Saskatchewan (TSX: POT) cut about 18 per cent of its workforce late last year in response to the soft demand.

The company began to cut back its lavish spending on employee perks in 2016, something that was costing the company $ 25,000 per year per employee.

The tax, announced in March 2016, has already cut sugar content in drinks by 45 million kg per year, Britain's Treasury said, as over 50 percent of manufacturers have reformulated their products to be below the levy's sugar threshold.

Last week, Bernstein analyst Toni Sacconaghi cut his fiscal - year earnings - per - share estimate for Apple based on his team's analysis of supply - chain companies that «increasingly point [ed] to weakness.»

Last week, Bernstein analyst Toni Sacconaghi cut his fiscal - year earnings - per - share estimate for Apple based on his team's analysis of supply chain companies that «increasingly point [ed] to weakness.»

In fact, in the 10 years previous to the January 2011 cut - off of the graph, Canadian light oil sold (in Edmonton) at a $ 2 per barrel premium to the average cost of U.S. Saudi Light oil imports because of our access to premium - priced markets in the mid-continent.

Excluding items, the company reported earnings of 78 cents per share, which included a 13 - cent impact from tax cuts signed into law by U.S. President Donald Trump late last year.

Earnings per share estimates have been cut considerably since TripAdvisor's last report and now reflect a 23 - percent decline from a year earlier.

That's a stunning fall from grace for a firm that was trading at more than $ 200 per share just two years ago and puts Valeant's market value at about $ 3.2 billion — a more than 95 % cut since April 2015.

Since the leveraged buyout, SRC's sales have grown 40 % per year and are expected to reach $ 42 million in fiscal 1986; net operating income has risen to 11 %; the debt - to - equity ratio has been cut from 89 - to - 1 to 5.1 - to - 1; and the appraised value of a share in the company's employee stock ownership plan has increased from 10?

Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»

«From 1980 to 2007, in that period, revenues from the top 1 per cent of income earners went from 1.6 per cent of GDP, to 3.1 per cent of GDP, a huge surge of revenues from the highest income earners,» he said, crediting tax cuts with generating that wealth during those years.

The bank's results included charges totalling 23 cents per share, including an $ 88 - million net tax adjustment due to a cut to the U.S. corporate tax rate from 35 per cent to 21 per cent that took effect this year.

The company completed a 15 per cent cut to its workforce in January and February, eliminating between 500 and 700 jobs, as part of its plan to trim $ 1 billion in cumulative capital, operating and administration costs over two years.

Ervin said cutting off light oil supplies through Trans Mountain would hurt Alberta - based Parkland Fuels Corp., which bought the 55,000 - barrel - per - day Burnaby refinery last year and has enjoyed good margins thanks to its access to low - cost Alberta feedstock.

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.

The results also showed that Uber cut its fourth - quarter net loss by 25 per cent from the third quarter as new CEO Dara Khosrowshahi moves to make the company profitable ahead of a planned initial public stock offering sometime next year.

Late last year, the Organization of the Petroleum Exporting Countries and other producing countries announced oil output cuts of 1.8 million barrels per day (bpd) for the first six months of this year.

Recent data shows that exhaust carbon emissions fell 3.7 % in Europe last year, and the European Union has set a target for cutting average emissions in new cars to 130 grams per kilometer by 2015.

She has also moved to limit immigration by stripping dual nationals of their French citizenship, cutting migration to 10,000 per year, and putting thousands more police officers on the streets.

Today, Americans have cut back to 1,700 hours, but the French now put in substantially fewer hours per year, logging just 1,500.

Singapore's Land Transport Authority (LTA) announced it would cut its permitted vehicle growth rate from 0.25 % per year to 0 %, Reuters reports.

The Rockefeller Institute of Government, which released a new state revenue report on Monday, said that «The Tax Cuts and Jobs Act (TCJA), enacted in late December 2017, created strong incentives for some high - income taxpayers to act fast and prepay their state and local income and property taxes to take advantage of the expiring tax breaks, namely the state and local tax (SALT) deduction, which is capped at $ 10,000 per year as of January 1, 2018.»

We have cut our consumption of jet fuel by probably 50 % per seat over the last 20 years.

Unless, of course, you are talking about the families of the wealthy and privileged who have received about 70 per cent of federal personal tax cuts over the past 10 years.

That will be tricky given that 10 - year Treasuries currently yield below 2.20 per cent and this would decline precipitously with a recession and any move to cut Fed funds.

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.

The Institute recommends that employment in the federal public service be cut by 2 percent per year for the next four years.

NDP commitments include a two point cut in the small business tax rate (already implemented by the Conservatives); extension of the accelerated capital cost allowance for two years (already implemented by the Conservatives (but with a different phase in); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; and, increasing ODA funding to 0.7 per cent of Gross National Income (GNI).

NDP promises include a two point cut in the small business tax rate (already implemented in the budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.

When the OASDI trust fund is exhausted, beneficiaries will face an across - the - board 23 percent benefit cut, the equivalent of about $ 5,800 per year in today's dollars for a typical beneficiary reaching the full retirement age in 2033.

As a first step, the Government has said it will cut premiums in half for families and individuals with a family net income of up to $ 120,000 per year beginning January 1, 2018.

«The [U.S. Department of Energy] expects the Obama administration's recent drilling moratorium to cut U.S. production by an average 70,000 [barrels a day] next year, which is equal to only about 1 per cent of current OPEC spare capacity.»

The Tax Cuts and Jobs Act approved expanded use of 529 plans to include tax - free distributions (after December 31, 2017) of up to $ 10,000 per year per student to pay for tuition at elementary or secondary public, private, or religious schools.

In the base metals complex, only nickel and tin traded higher for the quarter.4 A slow start to Chinese restocking coming out of the Chinese New Year holiday weighed on prices for copper and aluminum, both of which saw their worst quarterly results in years, while zinc and lead prices also declined.4 The London Metal Exchange (LME) Index, which tracks the three - month futures prices of all six metals, fell 6.3 %.4 LME copper -LRB--7.4 %, to US$ 6,714 per mt) and other industrial metals erased some of their 2017 gains, falling alongside a sharply decelerating expansion in China's manufacturing activity — sparking demand concerns and greater caution among hedge funds and other speculators who cut their net long positions in the metal.4 Outside the LME, US steel was buoyed by trade policy changes.

A one - percentage point cut in the GST / HST would cost the federal treasury up to $ 7 billion per year, thereby further increasing the deficit.

An 11 % «fiscal gap» in terms of today's economy speaks to a combination of spending cuts and taxes of $ 1.6 trillion per year.»

It also confirmed it would introduce a 3 per cent tax on company dividends, increase wealth and inheritance taxes and abolish a tax «shield» — or ceiling — for the wealthy in its effort to meet its targets of cutting the budget deficit to 4.5 per cent of gross domestic product this year and 3 per cent in 2013.

Most economists are tipping the central bank will stay on hold until at least August, while financial markets are pricing in an only 8 per cent chance of a rate cut tomorrow, moving up to a more than 100 per cent chance of more easing by the end of the year.

The Reserve Bank of Australia cut the cash rate in May from 2 per cent to a record low 1.75 per cent out of concern that inflation was trending too low, following first - quarter inflation data that showed prices had fallen 0.2 per cent in the first three months of the year.

Export growth has eased a little, following the surge in December 2003 as exporters sought to avoid the cut in tax rebates on 1 January, but growth over the year remains exceptionally strong at 43 per cent.

The Bank of Canada has cut its policy rate by a cumulative 75 basis points so far this year (in three moves) to 2 per cent, against a background of weak GDP growth and subdued inflation.

This cutting - edge facility is an estimated 60 per cent more energy - efficient than the company's traditional refrigerated distribution centres allowing it to cut costs by $ 4.8 million over a 5 - year period.

Kite went public on August 10, 2004 (over 13 years ago), and as evidenced by the snapshot below, the company grew rapidly and was forced to cut its dividend during the Great Recession, from $ 3.28 per share (in 2008) to $ 0.96 per share (in 2010).

Reynolds states that in the October 2010 Update, corporate income taxes had increased, year - over-year by 3 per cent — not withstanding lower corporate earnings and Mr. Flaherty's incremental tax cut a year ago.