The Bank of Canada (Banque du Canada) is Canada’s central bank and the sole authority permitted under the Bank Act to issue Canadian banknotes and formulate monetary policies in the Great White North. As part of its responsibilities, the Bank of Canada promotes the country’s economic and financial welfare by ensuring that inflation is stable, …
The More Rewards loyalty program is one of several rewards programs in Canada, offering diverse loyalty bonuses and gifts to customers, with different features and benefits. As a result, Canadians are presented with various opportunities to earn bonus points from loyalty programs, which can further be redeemed for whatever the reward company allows or provides. …
Canada is a beautiful country with great potential. It is also one of the most diverse countries in the world and home to people of different beliefs, religions, and lifestyles. Canada boasts of several developments and beautiful landscapes in both the cities and the countryside. What is the cost of living in this highly progressive …
For Canadians who have noticed deductions in their paycheque at one time or the other, there is a possibility that one of such deductions is meant for their CPP contributions. Canada’s government has designed the CPP as a retirement income program for employees and their employers, and self-employed individuals in Canada to contribute to the …
You might have noticed a deposit in your bank account tagged Canada FPT or Fed-Prov/Terr and wondered what it could mean. This piece will help you to understand the Canada FPT deposit and the payment dates for 2022. Many Canadians are unaware of the importance of filing their tax return annually and the benefits attached …
The Covid-19 pandemic had a significant impact on the Canadian labour force and the nation’s economy. Just as some businesses thrived during the pandemic, several others couldn’t survive the heat of the restrictions and safety measures imposed by the government and had to close shop. This led to a high number of job losses among …
Every year the Canada Revenue Agency (CRA) sets the TFSA limit for Canadians. In addition to this, individual contributors can ascertain their TFSA contribution room depending on when they turn 18 years since the contributing scheme. Since 2009, when the Canadian government introduced the tax-free savings account (TFSA), Canadians have saved and invested their money …
Employers of labour in Canada are required by law to pay all the employees in their establishment a minimum wage, as stipulated by their province or territory. As a result, Canada’s minimum wage varies significantly by the province or territory you reside in or work. Each province and territory in Canada has jurisdiction to enact …
Coast capital savings Canada is one of the top financial institutions in Canada, having over 570 thousand member-owners, making it Canada’s largest credit union by membership. Coast Capital Savings provides financial services to Canadians from its over 52 branches and its alternative platforms. Regarding capital base among credit unions, Coast Capital Savings is Canada’s second-largest …
National Bank of Canada is one of Canada’s best commercial banking and financial service providers. National Bank’s operation and service placed it among the strongest and reliable financial institutions, not just in Canada, but all over the world. The bank has a particular interest in providing personal and commercial banking, wealth management, financial markets, US …
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