Industry

CEO pay out of control: study

Among many corporate governance concerns, the one that resonates best with the average Canadian is probably excessive executive pay and perks. Actual illegal activity — be it backdating of options or outright fraud on the balance sheet — somehow pales in comparison to what executives can earn through legal means. A study released by the […]

By Steven Lamb |January 2, 2007

2 min read

Briefly:

(December 29, 2006) Federal Minister of Finance Jim Flaherty has announced a proposal “to improve the taxation of financial institutions by better aligning the current tax rules with new accounting standards.” The accounting standards, set out by the Accounting Standards Board, came into effect on October 1, 2006. Details of the proposed tax changes are […]

By Staff |December 29, 2006

2 min read

Canadian dollar polarizes expert opinions

(December 29, 2006) The Canadian dollar could remain volatile in 2007, a virtual currency-rate roller-coaster, according to experts, or it could show a surprising amount of stability with several forces boosting the Canadian dollar and dragging down the American dollar. On the roller-coaster side of forecasts, Toronto-based Guardian Group of Funds predicts that the U.S. […]

By Al Emid |December 29, 2006

3 min read

Briefly:

(December 28, 2006) Midnight on December 31 is the last chance for clients to make charitable contributions for the 2006 tax year. Fortunately, technology is making the process easier for those interested in making last-minute contributions. “Our goal is to make giving simple, fast and flexible,” says Jason Cote, executive director of CanadaHelps.org, an online […]

By Staff |December 28, 2006

3 min read