Business News

Submitted by: Glen Izzard, CIM; Investment Advisor, Portfolio Manager If this year was a strong one for your portfolio, you might be smiling — until tax time. Because when your investments do well, there’s a good chance the Canada Revenue Agency (CRA) wants its share too. Here’s the thing: not all investment income is taxed equally. In fact, the difference between interest, dividends, and capital gains can have a surprisingly big impact on how much you keep after taxes. Understanding these distinctions can...

In February, the unemployment rate in the Stratford-Bruce Peninsula Economic Region, which includes the Municipality of Meaford, increased by 0.2 percentage points to 5.1%, yet remained the lowest unemployment rate in the province. Meanwhile, the provincial unemployment rate also increased 0.2 percentage points this month to 7.3%, both unadjusted for seasonality. Employment in the Region decreased by 3,300 (-1.9%) in February, with loss in both full-time employment (-1.5%; -2,100) and part-time employment (-3.3%; -1,300). In February, the Region’s overall population...