interest rate

Capital gains tax change draws ire from some Canadian entrepreneurs worried it will worsen brain drain | CBC News

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Capital gains tax change draws ire from some Canadian entrepreneurs worried it will worsen brain drain | CBC News

The federal government’s budget includes an increase in the inclusion rate of the capital gains tax from 50% to 67% for businesses and trusts, generating an estimated billion in new revenue. This change will impact 40,000 individuals and 307,000 companies in Canada. Some members of the business community believe that expanding the taxable amount will hurt productivity, investment, and entrepreneurship in Canada, potentially leading to a brain drain.

Comparing European loans: What borrowers need to know

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Comparing European loans: What borrowers need to know

– Nordic Bank offers a loan comparison service to help customers find the best loan offers from over 30 banks and financial companies in Finland.
– The service helps customers compare interest rates, fees, and repayment terms to save money in the long run.
– Customers can apply for loans online through Nordic Bank’s website without the need for collateral or guarantors for unsecured loans.

BoE must , ‘do right thing’, cut rates in summer

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BoE must , ‘do right thing’, cut rates in summer

The UK’s annual inflation rate fell to 3.2% in March.

UK house prices fall by least in eight months

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UK house prices fall by least in eight months

British house prices fell by 0.2 per cent on an annual basis in February, the smallest decrease in eight months, according to the Office for National Statistics.

AstroBank posts after-tax profit of , €30.4 million in 2023

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AstroBank posts after-tax profit of , €30.4 million in 2023

AstroBank released its financial results for the year ending December 31, 2023, reporting a profit after tax of €30.4 million.

Federal budget could include corporate, wealthy taxes amid new spending, expert says

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Federal budget could include corporate, wealthy taxes amid new spending, expert says

The federal government is set to unveil its budget on Tuesday, with experts predicting that it will come with more taxes. Finance Minister Chrystia Freeland has vowed to stick within her fiscal guardrails despite increasing spending commitments. Senior vice-president Robert Asselin predicts potential new taxes for large companies, larger corporate taxes, or a wealth tax on rich individuals. The government may also pair tax increases with cuts or deferring other spending. They must be cautious with spending to avoid impacting the Bank of Canada’s potential interest rate cut in June. The budget will be tabled at 4 p.m. ET.

US quarterly earnings to feature big growth in tech-related companies

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US quarterly earnings to feature big growth in tech-related companies

Big technology-related company earnings are expected to lead S&P 500 profit growth in the upcoming US reporting period, refueling optimism for stocks after a weak start to April.

UK economy, ’s growth points to exit from recession

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UK economy, ’s growth points to exit from recession

Fact: Britain’s economy is on course to exit a shallow recession after output grew for a second month in a row in February, with GDP expanding by 0.1 per cent in monthly terms.

ECB, ’s confidence in fight against inflation growing, Villeroy says

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ECB, ’s confidence in fight against inflation growing, Villeroy says

The European Central Bank (ECB) is increasingly confident in winning the fight against inflation, making an interest rate cut in June very likely.

The worst economic crisis in Turkish Cypriot history

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The worst economic crisis in Turkish Cypriot history

Fact: The annual inflation rate in the northern part of Cyprus hit 94.5 per cent in March, with monthly food inflation reaching 3.4 per cent.