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Budget Preview.. TD Hacked.. Lululemon Earnings.. Cyprus Crisis
March 21, 2013 As an economic slowdown bites into government revenue, the anti-tax hike Conservatives will resort to slashing more programs in Thursday's budget to balance the books by 2015. But why are the Tories so bent on that goal at any cost? There is no pressing economic need for a balanced budget in the next two years; it will make little difference for Canadian households whether it takes another year or two, economists say. Continue reading... | MAUDE BARLOW | | | Why Transatlantic Free Trade Is a Mistake for Canada | | President Obama announced in February that he will start talks with the EU on a transatlantic trade, investment, and regulatory pact. The Mexican government is allegedly seeking a spot in the transatlantic talks with speculation Canada may join. But for all three NAFTA countries the pact would be a mistake, as Canadians are learning too late. Continue reading... | | | | TIM PAZIUK | | | How a $100 Pair of Shoes Really Costs You $1,376.46 | | When I'm lecturing to students I like to ask them how much a $100 pair of shoes costs. The most common answer is $100 plus tax. Would you believe me if told you it could be as much as $1,376.46? As a 20-year-old, if you convinced yourself not to buy the shoes, and invested it instead -- with an assumed rate of return of 6 per cent -- you'd have $1,376.46 by the time you were 65 years old. Continue reading... | | | | | |
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