This news release happened November 24, 2006 … Ottawa, November 24, 2006 – As of January 23, 2007, a new American law will require everyone entering the United States by air to have a passport. The U.S. Government has announced the final rule for travel by air to the United States under the Western Hemisphere Travel Initiative (WHTI). “As of January 23, 2007, a new American law will require Canadians to carry a passport to travel to the United States by air,” said the Honourable Stockwell Day, Minister of Public Safety. “We are ensuring that our borders are kept open [More]
Getting Ready: Managing the End of Mandatory Retirement in Ontario Here’s an interesting article over on the Osler Site that I have been saving here in my “drafts” for many months .. CLICK HERE .. it’s about Ontario’s mandate to outlaw mandatory retirement at age 65. The law was to come into effect in the upcoming weeks on December 12, 2006. I thought I would post some information from our favorite Big Brother website .. Canada Revenue Agency! Or more particularly, the Human Resources and Social Development Canada Site – part of the Government of Canada I should mention – [More]
IMPORTANT CHANGES TO MY RSS FEED OPTION I Now Offer FULL FEED Here at 1-8-0-0-H-A-R-T Up until this morning, my RSS FEED was set to summary feed. I initially selected this option for two reasons that I still think are valid. (1) MAIN REASON: Because of the many postings here at 1-8-0-0-H-A-R-T of articles and Canada Revenue Agency updates on a frequent basis .. the summary feed has been set to display the first 200 characters .. with a notice that if you wanted to continue reading the article … you were to click on the article title, or permalink, [More]
Last year .. on November 27, 2005 .. I blogged about some Year-End Tax Planning Considerations for 2005 that individuals could review and consider. This year .. I thought I would just post some links “OUT THERE” that I have found around the ‘www … from sources that I frequently read or follow throughout the year. PLEASE … if you have written or know of other links out there .. can you post the link in my comments below? I’m sure others will greatly appreciate you as much as HART will! 🙂 And .. if I find anymore links .. [More]
I have just activated a new plugin … Well, it’s not really new .. as I have been using it for a while now over on my PetLvr Blog … but not in this blog. It’s called Time Capsule. Basically .. the plugin allows you to place some code onto your template .. and the interface allows you to select a period of time that you want to go back in time .. and display it in your blog. The period of time can be set to either 1-day, 7 days, 30 days, 6 months, 1-year or 5-years. I have [More]
The following News Release or Speech has just been posted on the Finance Canada Site … Canada’s New Government Reduces Debt Burden to Lowest Level in Quarter Century The Honourable Jim Flaherty, Minister of Finance, today tabled in Parliament the Debt Management Report for 2005–06, which reports that Canada’s New Government has eliminated $13.2 billion in federal debt. “This achievement will yield interest savings of approximately $650 million each and every year,” said Minister Flaherty. “That’s money that can be used to provide priority programs or further reduce the tax burden on Canadian families and businesses.” The Government has reduced [More]
The information below is based on legislative proposals and may be subject to change. Apprenticeship Job Creation Tax Credit 1. What is the Apprenticeship Job Creation Tax Credit (AJCTC)? The AJCTC is a non-refundable tax credit equal to 10% of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit is $2,000 per year for each eligible apprentice. 2. Who qualifies? Any business that hires an “eligible apprentice”. 3. Who is an “eligible apprentice”? An “eligible apprentice” is someone who is working in a prescribed trade in the first two [More]
The following News Release or Speech has just been posted on the Finance Canada Site. Ottawa, November 27, 2006 2006-072 The Honourable Jim Flaherty, Minister of Finance, today announced that for the first time in history, a Minister of Finance will be available to participate in an online chat via the Department of Finance website. This historical event will happen on Tuesday, November 28 between 4 p.m. and 5 p.m. (EST). The Minister will call on Canadians to share their views about Advantage Canada, the government’s new Economic Plan. “This is part of an important communications initiative with Canadians. Last [More]
News release Ottawa, Ontario, November 24, 2006….The Canada Revenue Agency (CRA) today took serious exception to allegations that it treats some taxpayers unfairly. The CRA clarified its application of the mandatory bank remitting penalty to enforce timely remittance of source deductions to the Government of Canada. The Income Tax Act requires employers whose monthly source deduction remittances exceed $50,000 make their payments at a financial institution by the business day they are due. This is to ensure that the payments are immediately credited to the Government of Canada. Some employers have been making their remittances directly to the CRA, with [More]
The following Economic and Fiscal Update has just been posted on the Finance Canada Site Economic and Fiscal Update 2006
The following News Release or Speech has just been posted on the Finance Canada Site. The Honourable Jim Flaherty, Minister of Finance, today released Advantage Canada: Building a Strong Economy for Canadians, a long-term, national economic plan designed to make Canada a true world economic leader. The plan, unveiled along with Minister Flaherty’s Economic and Fiscal Update, features a new national objective to eliminate Canada’s total government net debt in less than a generation and further reduce taxes for all Canadians. “The Canadian economy as a whole is performing extremely well and is among the fastest growing in the G7,” [More]
Nothing wrong with this concept commercial – In fact, I liked it. A television commercial for Liberty Mutual produced by advertising agency Hill Holliday. Features people doing good deeds for strangers, which inspires onlookers to do the same. Source: … Catching up in my Bloglines, with a heads up from the All Financial Matters Blog
UPDATE: Congratulations to B.C. Lions with their 25-14 victory over Montreal .. and I hope that guy that fell off the railing is okay!
Ugh .. what a mess of completed sets of many files that I have taken down to my filing room, but have yet to actually file. And, worse yet – about 1/2 of them have been since the April-June/2006 personal tax season! But – I have burned a new CD last weekend (see the list of songs here!) and cranked all afternoon since about 1:30pm .. Yup .. another day of no billable work done! However, filing constitutes work .. even though it is non-billable – it is necessary! And, as alot of the files are upstairs here, and all [More]
The following News Release or Speech has just been posted on the Finance Canada Site. Release of The Fiscal Monitor The Honourable Jim Flaherty, Minister of Finance, today released The Fiscal Monitor for September 2006. Highlights September 2006: budgetary deficit of $1.4 billion There was a budgetary deficit of $1.4 billion in September 2006, compared to a $0.2-billion surplus in September 2005. Revenues increased by $0.3 billion, or 2.0 per cent, driven by strong growth in income tax revenues, partially offset by a drop in goods and services tax (GST) revenues, reflecting the cut to the GST rate on July [More]
I previously wrote back in August 2006 … Hey Other Adsense Users! Found a nifty little software utility today … (from catching up on my unread Blogline feeds and a heads up from Dominic Foster’s Accidental Entrepreneur blog). It’s called: AdSenseLOG – from Metalgrass Software. “a tool for checking and analyzing your Adsense ads data (Content, Search, Custom/URL channels and Referrals). This tool is aimed at site owners who use Adsense in their sites. Previously, when I first tried it .. I downloaded their version 3.0.4 .. and the pricing structure was as follows: AdSenseLog comes in three flavors: Free, [More]
I use these 8 stamps almost every day in my business I’ve been busy inputting a lot of source documents and my stamps are starting to fade .. I need to replenish my office supplies soon! And, then I thought .. .. I wonder if it is interesting to anybody .. that I always use these same 8 stamps over and over … 1) POSTED – for when I’m entering information, other than cheque stubs … I will stamp the face of bank statements after they have been entered, copies or originals of posting sheets .. etc. I don’t want [More]
You probably have been running into many different sponsored reviews of around the internet … and I am glad to say .. You Won’t See Any Here I’ve got my reasons.
Canada Employment Insurance Commission to Reduce EI Premium Rates for 2007 Ottawa, November 9, 2006 2006-066 The Honourable Jim Flaherty, Minister of Finance, today welcomed the decision by the independent Canada Employment Insurance Commission to reduce employment insurance (EI) premium rates for 2007. For employees, the premium rate will fall to $1.80 from its current level of $1.87 per $100 of insurable earnings, effective January 1, 2007. The rate paid by employers will be reduced to $2.52 from $2.62 per $100 of insurable earnings. The Report of the Human Resources and Social Development (HRSD) Chief Actuary, which draws upon economic [More]
Ottawa, November 9, 2006 2006-065 Canada’s New Government Strengthens the Income Tax System The Honourable Jim Flaherty, Minister of Finance, today tabled a Notice of Ways and Means Motion in the House of Commons to prevent tax deferral and avoidance through the use of foreign investment funds and trusts. The Motion proposes to tighten the income tax rules, responding to concerns raised by the Auditor General. “Our new government is committed to a tax system that is both competitive and fair,” said Minister Flaherty. “The Motion we tabled today will amend existing income tax rules to help ensure that income [More]
Investing in stock symbol CNPM? (now CNPM.PK on OTC Market) Today – it’s “last” shows it $6.00 .. what a joke! * DO NOT INVEST From tips Received in your Email! (Do I have to say that?) I’ve been getting quite a bit of spam lately, with the subjects like… It’s Abby 🙂 It’s Abdul 🙂 It’s Ada 🙂 It’s Adrian 🙂 It’s Al 🙂 It’s Alex 🙂 It’s Alexandria 🙂 etc etc .. and other names … like: Barbra, Benito, Bethany, Beverly, Carey, Carlos, Cassandra, Cesar, Charlie, Chuck, Claude, Cornelia, Curtis, Darcy, Dee, Della, Denis, Dino, Donald, Donnell, Earl, [More]
I have been posting around the week of the 10th of each month a “THANK-YOU” post, like this one, to all the advertisers from the previous month listed as at month end. That’s a permanent link in this blog, under the category heading which I call .. “Sponsor Appreciation”. I know it’s hard out there trying to figure out where to spend your advertising dollars .. and well .. THANKS for considering 1-8-0-0-H-A-R-T. You may now advertise on this site in the form of Text Link Ads. I should note that the link in the previous sentence is an affiliate [More]
The following News Release or Speech has just been posted on the Finance Canada Site. The Honourable Jim Flaherty, Minister of Finance, today released final regulations to provide temporary funding relief for federally regulated defined benefit pension plans. The measures cover defined benefit pension plans established for employees working in areas that fall under federal jurisdiction—about 10 per cent of all plans in Canada. In recent years, declining long-term interest rates, as well as changes to actuarial standards, have contributed to solvency deficits—the amount by which a plan’s liabilities exceed its assets. The regulations, announced in Budget 2006 and pre-published [More]
Darren over at Blog-Republic blog started an interesting post today .. (well, interesting to me anyway – go see my comment) .. Pre-writing Blog Posts And Posting Later. As you may have noticed that I have many blogs in the HART-Empire Network and I thought you might be wondering how I can keep up with them all .. Now I will tell you: I’m having trouble keeping up with them all and have to pick and choose sometimes which ones to nourish and which ones to grow flowers and sit with no new posts. Fortunately, on the slower blogs I [More]
Rick Mercer Sleeps Over at The Harpers! BTW … Rick Mercer .. is from This Hour Has 22 Minutes fame and currently the Mercer Report … 24 Sussex is home of our Prime Minister of Canada
Powerpoint Slideshows … I’ve got a bunch … over HERE .. but I thought I would solicit anybody reading this message .. and ask if you have any MORE Powerpoint Slideshows that are interesting and amusing, that would go nice in my collection! They probably have .pps or .ppt extension. Maybe you’ve received some neat ones in YOUR Email too? I just thought I would ask! So … if you want to share … please send me your attachment via email .. to .. hart (at) 1800HART (dot) com Thanks in advance! (if sending me anything) … No viruses please. [More]
Mmmmm .. HART’s Famous Pasta Salad .. Yummy! 🙂 Well .. my wife thinks it’s famous anyway … Click on the picture for the recipe!
November 3, 2006 The Honourable Jim Flaherty, Minister of Finance, will be the guest speaker at the Canadian Urban Transit Association Fall Conference and Trans-Expo 2006 on Monday, November 6, 2006. The Minister will begin his address at approximately 9:00 a.m. Minister Flaherty will discuss the steps Canada’s New Government is taking to encourage the use of public transit, strengthen infrastructure, and reduce the tax burden to create a more competitive and prosperous economy for Canadian families and businesses. The event will take place in the Concert Hall at the Fairmont Royal York Hotel, 100 Front Street West, Toronto, Ontario. [More]
Release at 8:15 a.m. EST Ottawa, November 3, 2006 2006-062 Official International Reserves – Official International Reserves 2006 – The Department of Finance announced today that Canada’s official international reserves decreased by an amount equivalent to US$374 million during October to US$35,643 million. Details on the level and composition of Canada’s reserves as of October 31, 2006, as well as the major factors underlying the change in reserves, are provided below. All figures are in millions of US dollars unless otherwise noted. …… MORE:
CPP pensionable earnings ceiling for 2007 up to $43,700 Ottawa, November 2, 2006… The Canada Revenue Agency announced today that the maximum pensionable earnings under the Canada Pension Plan (CPP) for 2007 will be $43,700-up from $42,100 in 2006. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages and salaries in Canada. Subject: Media room News release Contributors who earn more than $43,700 in 2007 are not required or permitted to make additional contributions to the CPP. The basic exemption amount for 2007 remains $3,500. Individuals who earn [More]
HART-Empire Network II – RSS Feed Listed above is the Site URL and RSS Feed URL to our “Network #2 Blog” .. over at the HART-Empire Network … I hope you check it out! HART-Empire Network II is our newest blog that reposts summaries and headlines from 100% of all blogs in our network. So, if you want to see it all in your Bloglines or other feed reader of choice … now all you need to choose is just one combined feed! (Oh .. you can keep this feed in there too :D) Enjoy!
Background In Manitoba, if you are a licensed establishment and can sell Beer, Liquor and Wine .. you need to account for the purchases in the accounting records. It can be difficult, because most of the time (I believe), the Manitoba Liquor Control Commission (MLCC) holds on to preauthorized blank cheques .. the hotel or establishment just places an order, and a cheque is issued, or automatically debited out of the company’s bank account. There are usually invoices emailed to the business and just packing slips included with the shipments. In Manitoba, Vendors selling Beer have a special price. The [More]
Ottawa, October 31, 2006 Statement by the Honourable Jim Flaherty, Minister of Finance Ottawa, Ontario Annual lists 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 Ottawa, October 31, 2006 Statement by the Honourable Jim Flaherty, Minister of Finance Ottawa, Ontario Check against delivery ——————————————————————————– Good evening: I am here tonight to announce our new Tax Fairness Plan for Canadians. It’s a plan designed to level the playing field between income trusts and corporations. The measures I am bringing forward today are necessary to restore balance and fairness to Canada’s Tax System. They are necessary to ensure [More]