Finance and Business

Published on Mon, 01/04/2010 by The Home Depot

Take advantage of the Home Renovation Tax Credit before it’s too late!

Take advantage of the Home Renovation Tax Credit before it’s too late!

During the holiday season families come together to celebrate, but busy households can bring scratched walls, scuffed floors or even worse: provide in-laws with the opportunity to point out that your 1970’s patterned wallpaper is no longer the height of fashion.

Published on Wed, 12/09/2009 by Canadian Co-operative Association

After the wave: The role of Canadian credit unions in tsunami recovery efforts in Sri Lanka

After the wave: The role of Canadian credit unions in tsunami recovery efforts in Sri Lanka

Rossama stands on what little remains of the Al Hutha credit union after the tsunami.JPG

OTTAWA, December 7, 2009

It was Boxing Day, December 26, 2004.

Propelled by an earthquake deep within the Indian Ocean, a wall of water swept towards unsuspecting residents and vacationers in Indonesia, India, Sri Lanka and other countries. The deadly waves killed more than 220,000 people.
Sri Lanka’s coastal cities and villages were hit hard by the devastating tsunami leaving 35,000 dead and over half a million homeless.

Published on Mon, 11/16/2009 by Credit Canada/ Capital One

Couples & Money: 2009 National Survey Results

Couples & Money: 2009 National Survey Results

The Couples & Money: 2009 National Survey results are now available and can be used free of charge. We ask that you please reference the source as “a national survey commissioned by Credit Canada and Capital One Canada”. Additional information about the research and its objectives, please see below.

Published on Mon, 11/16/2009 by Credit Canada/ Capital One

Couples and Money: Tips to Managing Finances Together

Couples and Money: Tips to Managing Finances Together

The recession has forced all of us to re-examine how we spend our hard-earned cash. With consumer bankruptcy up by 36.9% over last year, many of us can no longer deny that we are terrible at managing our money.

But what affect does this new financial reality have on our personal relationships?

Published on Tue, 08/18/2009 by Mennonite Economic Development Associates (MEDA)

MICROLOANS OFFER DIGNITY AND HOPE TO AFGHAN WOMEN

MICROLOANS OFFER DIGNITY AND HOPE TO AFGHAN WOMEN

sharifa_phixr.jpg

A mere $200 micro-loan is all it took to change the life of Sharifa and her daughter forever.

The Afghan villager, struggling to survive in this war-torn area, used the loan to start her own business, and invested in a rug loom and weaving supplies. She was soon able to hire other women weavers, freeing up her young daughter to finally go to school.

Published on Fri, 06/26/2009 by Canada Post

Canada Post proposes five-year pricing plan

Canada Post proposes five-year pricing plan

OTTAWA (June 26, 2009) - Canada Post has submitted a regulatory proposal, in accordance with the Canada Post Corporation Act ("the Act"), to set the domestic basic letter rate (BLR) for letters weighing 30g or less for a five-year period starting January 11, 2010. The BLR would increase by three cents to 57 cents in January 2010, and rise by an additional two cents annually from 2011 to 2014. The proposal will be published in the Canada Gazette on June 27, 2009.

Published on Tue, 06/02/2009 by Canadian Scholarship Trust

Boost education savings with $10,800 in government grants

Boost education savings with $10,800 in government grants

It's never too early to start planning for your child's future post-secondary education, but with the rising cost of tuition fees, it's more important than ever for parents to start saving. Thanks to a new incentive from the Québec government, getting started is much easier.

Published on Fri, 05/08/2009 by Canada Post

Canada Post announces slim profit for 2008

Canada Post announces slim profit for 2008

OTTAWA (May 8, 2009) – Canada Post Corporation reported a slim profit in its 2008 annual report, which was tabled in Parliament. The Corporation recorded a consolidated net income of $90 million on revenues of $7.7 billion. To remain profitable and meet its targets, Canada Post had to undertake a series of cost-cutting measures that enabled the Corporation to achieve a narrow operating margin of 1.8 per cent. Without these extraordinary efforts to reduce costs, the Canada Post segment (unconsolidated) would have lost more than $150 million.

Published on Fri, 05/08/2009 by Canada Post

Highlights of the 2008 Annual Report

Highlights of the 2008 Annual Report

The Canada Post Group:

- Consolidated revenue from operations reached $7,729 million, an increase of $255 million, or 3% from 2007.

- Consolidated net income for the fiscal period ended December 31, 2008 was $90 million, an increase of 36 million from the previous year.

- Consolidated net income before taxes was $161 million, an increase of $1 million from 2007.

- Consolidated cost of operations for fiscal 2008 totalled $7,594 million, an increase of $248 million over the $7,346 million recorded in the previous year.

Published on Wed, 05/06/2009 by Canadian Union of Postal Workers

Postal report says no to deregulation but threatens rural post offices

Postal report says no to deregulation but threatens rural post offices

Ottawa – The Canadian Union of Postal Workers (CUPW) welcomes the recommendation of an independent advisory panel to not deregulate public postal services.

In a report made public last week, a government-appointed advisory panel categorically rejected the deregulation of Canada Post.

"The public and postal workers said no to deregulation and the panel listened. This is a real victory for the people's post office," said CUPW National President Denis Lemelin.

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