Monthly Archive: March 2018

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Feds post deficit of $8.4B through first 10 months of ’17-18: estimate

OTTAWA — A preliminary analysis of the federal books says the government ran a budgetary deficit of $8.4 billion through the first 10 months of the fiscal year, compared with a shortfall of $12.8 billion for the same period last year. The Finance Department’s latest monthly fiscal monitor shows overall revenues were up $11.6 billion, […]

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DFSIN restructuring will take several months

The merging of Desjardins Financial Security Independent Network centres will take several months. Disparities in systems and practices within the different centres need to be ironed out. Life Insurance Blog

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Coalition calls on federal government to rethink tax changes

After carrying out a review, the Coalition for Small Business Tax Fairness today called on Finance Minister Bill Morneau to take action on proposed tax changes which the coalition says continue to unfairly target...

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The next Kirkland? Online retailers create their own brands

NEW YORK — In Andrea Bright’s home, Kleenex tissues, Charmin toilet paper and Glad trash bags have all been replaced by one brand: Prince & Spring. Never heard of it? It’s the 3-year-old house brand from Boxed.com, one among many new lines from online retailers vying to be the next private-label juggernaut. Think Costco’s Kirkland […]

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Calgary advisor fined $50,000

IIROC has fined an investment advisor $50,000. The advisor failed to ensure his recommendations were suitable for two vulnerable senior clients who sustained significant losses. Life Insurance Blog