On September 30th, Statistics Canada released a report stating that Canada's GDP 'stalled' in July, reversing its June growth of 0.1% to slide back to no growth in July. While these numbers seem small, economists had expected Canada's GDP to grow by 0.5% and the figures suggest Canada may not bounce back as quickly or fervently as once hoped.
Surprisingly, the sec ...
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When buying and selling property, you're usually not just conveying the rights to land, but also the transfer of improvements on the land. And while you would think that it would be easy to identify the difference between Fixtures and Chattels, the distinction is often blurry, and the consequences of ambiguity can be high.
Fixtures are items that 'run with the land', and are considered as a ...
On July 23, 2009, Premier
Gordon Campbell and Finance Minister Colin Hansen announced that
the provincial and federal
governments will combine the 7% provincial sales tax (PST) and the
5% federal GST into one 12% harmonized sales tax (HST), effective
July 1, 2010.
They explained that over the long-term, the HST would lower
business costs and boost investment, which would improve
productivity, ...