On March 2, 2010, Colin Hansen, the provincial finance minister announced the new 2010 British Columbia budget. One of the big announcements was the new property tax deferral program for families with children living under the age of 18. They were hoping to implement this as soon as June 2010. The provincial government was hoping…
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Category Archives: Government
The Recession Is Over! No Wait, It’s Not
Last Friday, the Bank of Canada governor Mark Carney said that “we believe the economy will grow this quarter”, which technically means the recession in Canada was over in June. On Monday, Trade Minister Stockwell Day repeated this claim in the Penticton Western News, writing “I’m not kidding. The recession is over… Last week, after…
Telemarketers Fined For Violating The Do Not Call List
The Canadian Radio-television and Telecommunications Commission (CRTC) has recently given fine notices to two telemarketing companies for calling phone numbers that where registered on the Do Not Call List. These fines can be as much as $15,000 for each call. The fact that two companies have been fined for not abiding by the rules should…
Task Force on Financial Literacy
Last week, Finance Minister Jim Flaherty announced the creation of what he calls a Task Force on Financial Literacy. This task force will be led by Sun Life Financial chief executive Donald Stewart. The group will discuss ways to improve financial literacy with Canadians and report their suggestions in the fall of 2010. This could…
Royal Canadian Mint Missing $15.3 Million In Gold
The Royal Canadian Mint is missing 17,500 troy ounces in gold, worth $15.3 million, according to an audit by Deloitte and Touche that was released on Monday. The following is from the Royal Canadian Mint’s website: The scope of the review, conducted by Deloitte and Touche, was to specifically determine if the unreconciled difference in gold…
