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New numbers from the Finance Department indicate the stronger economy is helping the federal government run smaller budget deficits than at the same time last year, as tax revenues increase.
Through the first two months of the current fiscal year, April and May, Canada's deficit sits at $4.4-billion, compared with $7.5-billion in the same ...
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Flaherty offers crisis tips from ‘boring' CanadaGlobe and Mail-Report on Business-Canadian Press
WINNIPEG — This is a guest column by Finance Minister Jim Flaherty in Thursday's Financial Times, posted on the Department of Finance's web site and titled ‘Boring' Canada's financial tips for the world:
The ...
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How A Loan Pre-approval Letter Can Help with Your Home Search
A pre-approval letter is a statement from a lender that you are qualified to service a specific amount of debt. If you are bidding on your dream home, being pre-approved can be a great advantage over competing bids. It can also let you know exactly where your price ceiling is.
There ...
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Global Banks Unite in Unprecedented Rate Cuts In an unscheduled move today, coordinated with several other international banks, The Bank of Canada reduced their Overnight Rate by 1/2 of one percent. The financial institutions would be expected to follow suit over the next day or so; reducing their Prime Rate to 4.25%; however see note ...
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What Do You Think of the Stalled Bailout Plan?
What's your opinion of what's happening in Washington, D.C., this week with the proposed $700 billion market bailout proposed by the Bush Administration and rejected by the U.S. House of Representatives on Monday? RESOURCE: For more stories, visit the RE/MAX Times Online.Send your comment to ...
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