Subscribe to this list via RSS Blog posts tagged in Canada
In late October, Global News released a report stating that Statistics Canada has been asking several banks for information on the financial transactions of many Canadian households. Concerns on privacy flooded the agency. In a recent statement, the Chief Statistician, Anil Arora, said that the project involving the collection of data from banks will be put on hold until these privacy concerns are dealt with. He also added that the proposal has not yet been implemented and that the agency has not collected any related data. He, however, insists that it is necessary for StatsCan to be able to access data...
Continue reading
Rate this blog entry:
0
Growing up or in school, majority of people have not been taught about finances. And now here we are -- in debt and still clueless on how to manage our finances properly. So what has no financial education brought society today? Here are some not so surprising stats: - According to a 2017 survey by the Canadian Payroll Association, 47% of working Canadians and the same percentage of Albertans said they would find it difficult to meet their financial obligations if their pay cheque was delayed by even a single week.- The same survey also shows that 35% of working Canadians...
Continue reading
Rate this blog entry:
0
The Government of Canada recently released the Annual Financial Report of the Government of Canada for 2017-2018. This report presents an overview of the Government’s spending and revenue performance for the previous fiscal year. Here’s a quick list of the highlights:• The Government posted a budgetary deficit of $19B for the fiscal year ended March 31, 2018, down from a projected budgetary deficit of $19.9B in Budget 2018.• Revenues increased by $20.1B or 6.9% from 2016-2017.• Program expenses increased by $19.5B or 6.7%.• Canadians added 427,300 jobs, leading the unemployment rate to fall to 5.8% in December 2017.• Real GDP grew...
Continue reading
Rate this blog entry:
0
Last June 21st, 2018, the Cannabis Act received Royal Assent. The Cannabis Act aims to keep cannabis out of the hands of children and the profits away from criminals and organized crime. As many of you know already, cannabis for non-medical purposes will become available for legal retail sale in Canada on October 17, 2018. In preparation for this, the Canadian Government has released a set of proposals under Excise Act, 2001 for public consultation. These technical draft regulatory and legislative proposals will provide for the additional excise duty rates for each province or territory that has signed a Coordinated Cannabis...
Continue reading
Rate this blog entry:
0
Subscribe

If you have a question about one of our products or services, please do not hesitate to contact us!
Please Enter Your Name
Please Enter A Valid Email
Please Enter Your Phone Number
Please select your preferred method of contact.
Refresh Please letters shown!

KD Professional Services
Monday-Friday 9am- 5pm
102, 221 18th Street SE
Calgary, AB, T2E 6J5

403-219-0602
403-219-0603

Read our Tweets