OTTAWA High-income Canadians looking to minimize their federal income tax should look at taking any bonuses they may be due or big capital gains this year to avoid paying more when Ottawa’s new top rate kicks in next year.
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NEW YORK Cybercrime costs are climbing for companies both in the U.S. and overseas amid a slew of high-profile breaches, according to research released Tuesday.
A sixth-annual study by the Ponemon Institute pegged the average annual cost of cybercrime per large U.S. company at $15.4 million. That’s up 19 per cent from $12.7 million a year ago.
LONDON The British government said Monday it will underwrite 2 billion pounds ($3.1 billion) in Chinese financing for a new nuclear power plant in southwest England, as it encourages major Chinese investment in the U.K. nuclear sector.
MONTREAL Shares in Bombardier Inc. (TSX:BBD.B) soared more than 22 per cent in heavy trading Wednesday as investors reacted to reports that a Chinese company had made an offer to buy the Quebec-based company’s rail division.
TORONTO So who is panicking amid the current volatility on global equity markets? Apparently not most Canadian retail investors, according to a new survey issued by the Canadian Imperial Bank of Commerce.
SASKATOON — A Saskatoon micro-distillery is taking an extra step to inform its customers about the benefits of drinking alcohol in moderation.
Lucky Bastard Distillers has created a label that informs consumers of Canada’s Low Risk Drinking Guidelines and communicates the number of standard drinks in each bottle.
When Mel DeGagne closed the doors to Nor-Fab’s truss plant a few years ago, it became Brian Hagarty’s dream to reopen the business.
Now under a new name, Hagarty and his partner, James Mainville, have opened Titan Manufacturing on Highway 11/71 just west of Fort Frances.
“Nor-Fab’s truss plant had been here since, I think since ’84, when Mel DeGagne started it,” Hagarty noted.
The Fort Frances Fire Rescue Service along with the Fire Marshal’s Public Fire Safety Council and hundreds of fire departments across Ontario, this week launched the third annual campaign to help prevent fire and carbon monoxide tragedies over the holidays.
With the holiday shopping season in full swing, local merchants are mixed on how sales have been to date.
Some are finding gift-givers are staying in town to do their shopping. Others, however, feel people are heading online and to the cities.
“We’ve been very pleased with sales so far,” said Connie Cuthbertson, owner of Northwoods Gallery & Gifts on Scott Street.
Go Local Fort Frances would like to officially welcome local business Gillons’ Insurance as a supporting member.
As a thank you, George Emes, chair of the Rainy River Future Development Corp. board of directors, presented a “Go Local” plaque to Gillons’ president and CEO Duane Cridland.