Never missing an opportunity to impose taxes, Quebec says it will implement a so-called ‘Netflix tax’ starting January 1st, 2019. The decision means suppliers of goods and services based outside of Quebec will be required to pay a 9.975% provincial sales tax. The tax applies to companies that generate over
Another day, another story about Canadians in debt. Yesterday, we published an article about the potential of Canada’s banks to face a significant crisis as a result of alarming consumer debt. This followed news late last year that, for the first time ever, Canadians’ debt burden was greater than the entire Canadian economy.
Jordan Lajoie – founder and creative director behind the luxury leather brand Lajoie – is a polymath. He walked away from a career in finance and decided to recalibrate in Australia. Unbeknownst to him he would launch what is currently a global business from his bedroom with a handful of leather
Ah, price-fixing schemes – not just for Canada’s telecommunications companies. Brampton-based Loblaw, the beloved grocery store chain with over 2000 locations boasting $45 billion in revenue, has admitted to price-fixing over a 14-year period. An investigation by the Competition Bureau revealed an industry-wide price-fixing arrangement by participants that included Loblaw and the
What do Barbados, the Cayman Islands and Luxembourg have in common? Aside from being unidentifiable on a map for most, they together hold around $124 billion of Canadian money as a shelter from taxes. While the strategic/shady stashing money in offshore tax havens is technically legal, the majority of Canadians want to see such
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