Canadian housing market show 0.6% growth The Canadian housing market has slowed its decline to 3.1 per cent year over year, with a 0.6 per cent increase in home sales last month, according to BMO Chief Economist Doug Porter, citing recent data from the Canadian Real Estate Association. Porter notes that since the implementation of new mortgage [...]
Overlooking additional costs of Canadian tax compliance Canadians spent anywhere from $19.2 billion to $24.8 billion on tax preparation, filing and remittance to comply with the Canadian tax code in 2011, according to a report by the Fraser Institute. “At this time of the year as Canadians file their income tax returns, they clearly see [...]
Developing the Alberta tech community has taken time, a lot of it By Warren Bergen The Alberta tech community is like a playground. While the word playground immediately triggers visions of happiness and fun in a sun-kissed Norman Rockwell world, this picture is not reflective of the Alberta tech community, at least not entirely. Ours is a playground with a [...]
Wealthy Canadians ordered to pay $22.2 million in back taxes Wealthy Canadians with money stashed overseas have come forward in droves to confess their misdeeds after secret lists began circulating with the names of people apparently evading taxes in foreign banking havens. The Canada Revenue Agency has seen the number of voluntary disclosures of foreign, [...]
Entrepreneurs are not their companies, which sometimes have to fail By Warren Bergen Jody Sherman founded several companies. Some got bought out for modest success and others failed. Ecomom was his last startup. Management and staff tried hard but Ecomom didn’t work and it burned. When Sherman saw no hope for Ecomom, he saw [...]
Calgary Chamber says employment insurance changes will stimulate economy Employment insurance changes are needed to help improve the economy, according to the Calgary Chamber of Commerce. “The government’s commitment to reforming provincial transfers through a job grant matching program is a good first step in this direction,” says Calgary Chamber chief economist Ben Brunnen. The proposed job [...]
University of Calgary annual provincial grant reduced to $32 million The University of Calgary is freezing the salaries of the president, vice-presidents and other senior officers, starting July 1, 2013 until June 30, 2014. “The salary freeze is in response to the current fiscal situation in the province of Alberta, and is consistent with recent [...]
Body language same for sighted and blind paralympic athletes For insight into the body language of pride and shame, scientists studied the behaviours of judo matches at the 2004 Olympic and Paralympic Games. The competitors represented 30 countries, including Algeria, Taiwan, Ukraine and the United States. The research report in the journalProceedings of the National [...]
College of the Rockies will use funds to train mine workers on haul-trucks The College of the Rockies is receiving a $1.7 million federal government grant for five haul-truck training simulators to be installed at the college’s campus. The simulators will be used to train entry level workers for the burgeoning mining sector in B.C. “This [...]
E-visa processing designed to facilitate trade activity between U.S. and Canada The United States Consulate General in Calgary announced the launch of E-visa processing services for Canadian businesses. The process is designed to facilitate travel by Canadian executives, supervisors and skilled employees to the U.S. for trade and investment activities. The Treaty Trader (E-1) visa [...]
