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  1. I have an idea...lets keep the status quo. By Nicolas Van Praet Montreal • Forget Newfoundland, derided for decades as the fish-dependent fiscal laughingstock of Canada. Another province is swiftly climbing the ranks of the penniless: Quebec. Quebecers will displace their fellow countrymen as the poorest Canadians if current income and purchasing power trends continue, according to a new study released Tuesday by Montreal’s HEC business school. The stark outlook underscores the urgency for Canada’s second-largest province to fix its structural problems and lends weight to argu
  2. jesseps

    What gives?

    (Courtesy of CBC News) Yet if you die from an overpass crushing you, your relatives get fuck all. This country is totally fucked and needs reform. That is my rant for today.
  3. It's looking like New York will follow fast on the heels of Illinois in deciding not to add a luxury tax for jewelry over $20,000. The American Watch Association sent an e-mail to members on Monday saying that while the New York State Legislature has agreed to tax increases to deal with a budget deficit, the luxury tax proposal is not part of it. The luxury tax would have also applied to aircraft costing more than $500,000, yachts over $200,000, cars that cost more than $60,000 and furs over $20,000. But don't go spending yet, high earners in New York will be feeling an increased pinch. In
  4. Middle-class communities disappearing Big increase in poor neighbourhoods in Toronto and more rich districts, according to U of T study February 08, 2009 Daniel Dale STAFF REPORTER "PRIMO PIZZA," the sign reads. "SINCE 1965." Like the store's walls, it is green and white and red, the colours of the Italian flag, and, on the left, there is a cartoonishly mustachioed man carrying a pepperoni pie above his head. This could be any Italian-owned pizza joint in the city. It was indeed Italian-owned until last year. Then a man named Rocky sold it to a man named Abdul. Abdul Malik,
  5. I've been wondering for a bit, how it works for people who win the lotto. Lets say you win like $20 million. Do you get taxed once if you made that in one year, or will they tax you every year?
  6. Calgary's homeless population balloons As thousands of migrants have poured into Calgary, housing costs spiralled out of the range for many of those at the lower end of the income spectrum.Dean Bicknell/Canwest News ServiceAs thousands of migrants have poured into Calgary, housing costs spiralled out of the range for many of those at the lower end of the income spectrum. Canwest News Service Published: Wednesday, July 16, 2008 CALGARY -- Calgary's homeless population has reached more than 4,000 - an increase of 18.2% since 2006, according to this year's homeless count. As of
  7. Toronto's two solitudes: Poor city beside rich city Nov 20, 2008 04:30 AM Comments on this story (3) David Hulchanski "We heard as well about parents whose struggle to hold down two or three jobs leaves them with no time or energy to parent, of youth being humiliated by the obviousness of their poverty, of the impact of precarious and substandard housing on their ability to study and learn and engage with friends, and about the numerous other daily stresses of living on the margins of a prosperous society." – Review of the Roots of Youth Violence, Vol. 1, p. 31. We learned last w
  8. Desjardins financial grows outside Quebec The Gazette Published: 1 hour ago Desjardins Financial Security, the life and health insurance arm of the $152-billion Desjardins Group, said yesterday that business growth outside Quebec was strong in the second quarter. Premium income was up 6.1 per cent from a year earlier in Quebec, where it already has a large market presence, and rose 16.8 per cent in the rest of Canada. Desjardins Financial has been working hard to build market share outside Quebec, especially for group business. Desjardins Financial also sells group and individual retirem
  9. Welcome to the province of tax tax tax. Now we're poorer and can't keep up with the cost of living. So much for le modele Quebecois. We need to make some adjustments to improve our collective wealth http://montrealgazette.com/business/local-business/quebecers-high-taxes-take-toll-on-buying-power "Despite a slight increase in disposable income, Quebecers have not been keeping up with cost-of-living increases, giving residents of la belle province the second lowest buying power of any province in the country, according to l’Institut de la statistique du Québec. Only Prince Edwa
  10. Downtown lacks affordable housing: group Jan RavensbergenThe Gazette Wednesday, May 21, 2008 MONTREAL - Lower-income Montrealers - anybody with annual family revenue of $55,000 or less - are getting the squeeze during the city's downtown condo-construction boom, a study released Wednesday concludes. No social or community housing was built in the downtown Ville Marie borough during 2006, a round-table group on downtown housing said. Construction of that type of affordable housing completely dried up, plunging to zero from 11 per cent of residential construction across the borough d
  11. Canada falls behind in basic worker benefits: McGill study Doesn't measure up to other countries on sick leave, vacation time and breastfeeding breaks MIKE KING, The Gazette Published: 6 hours ago mike king the gazette Canada is perennially a top-10 finisher in United Nations rankings as one of the best countries in the world to live in. But a new McGill University study indicates that Canada lags behind many other countries on some basic worker benefits. The school's Institute for Health and Social Policy conducted recently an international survey that is the first research o
  12. The food court king He's conquered the malls — now Stanley Ma is ready to take on the Street. By Joanna Pachner It's 12:45 p.m. on a weekday in May at the Place Vertu food court, and the only counter with a lineup is Thai Express. The 1970s–era shopping centre in Montreal's Saint–Laurent suburb has seen better days but, in at least one way, it's cutting–edge: unbeknownst to the diners, this food court serves as a laboratory for MTY Food Group, where it develops and perfects its new fast–food concepts. The company, whose office is located kitty–corner to the mall, currently has eig
  13. Article intéressant... IMF debunks myth: Taxing rich not bad for economy OTTAWA -- A new paper by researchers at the International Monetary Fund appears to debunk a tenet of conservative economic ideology -- that taxing the rich to give to the poor is bad for the economy. The paper by IMF researchers Jonathan Ostry, Andrew Berg and Charalambos Tsangarides will be applauded by politicians and economists who regard high levels of income inequality as not only a moral stain on society but also economically unsound. Labelled as the first study to incorporate recently compiled figures comp
  14. Peladeau shakes up Sun Media management The Canadian Press November 7, 2008 at 11:09 AM EST MONTREAL — Quebecor Inc. chief executive Pierre Karl Peladeau has shaken up the leadership of the company's media holdings while reporting a third-quarter profit of $45.6-million, reversing a loss of $35.2-million a year earlier. Mr. Peladeau noted “disappointing results in publishing and at Sun Media,” and personally took leadership of Sun Media Corp. and the Canoe online operation. Michael Sifton, president of Sun Media, “will be leaving the company as his position will now be underta
  15. http://abcnews.go.com/2020/Stossel/story?id=7055599&page=1 Video clip from 20/20 at link as well.
  16. Rich Canadians have bigger carbon footprint Size matters. Study links national income, consumption JOHN MORRISSY, Canwest News Service Published: 8 hours ago When it comes to ecological footprints, wealthy Canadians are a confirmed size 12, creating a global warming impact 66 per cent greater than the average household, according to a new study by the Canadian Centre for Policy Alternatives. The study is the first to link national income and consumption patterns with global warming, and it showed that the richest 10 per cent of Canadians create an environmental footprint that's 2
  17. Flat tax would make today's tax-filing ordeal simpler and more fair NIELS VELDHUISThe Gazette Wednesday, April 30, 2008 Today is the tax-filing deadline. As we hunkered down over our computers and waded through piles of receipts and pages of complicated forms this month, many of us rightly questioned the complexity of Canada's tax system. The total costs associated with paying personal income taxes and the cost of tax software and accounting services amount to upward of $3.9 billion a year. It need not be this way. If Canada adopted a flat tax, taxpayers could complete and
  18. We Win We Win!! #1! It can never be said enough, apparently: Quebecers continue to pay some of the highest taxes in North America, according to a new study released today by Canadian public-policy think-tank the Fraser Institute. The study, Quebec’s Tax Competitiveness: A Barrier to Prosperity, compares Quebec’s personal, corporate, and payroll tax rates to other Canadian provinces and American states in 2014, and examines the effect on Quebec’s economic performance over the past 10 years. “Across the income scale, Quebecers pay more in taxes than virtually anyone else in Canada a
  19. I am trying to compile a list of cities and towns here in Canada by income. I know Westmont, QC is about $200,000, Old Montreal is about $130,000
  20. 'Continue to lag significantly behind non-blacks on every success indicator' http://www.montrealgazette.com/life/Invisible+barriers+hurt+black+Montrealers/2699666/story.html BY MARIAN SCOTT, THE GAZETTEMARCH 19, 2010 MONTREAL – Black Montrealers face "invisible barriers" to employment, education and home ownership that make them twice as likely to be poor and unemployed as the rest of the population, according to a major demographic study by McGill University. "Blacks continue to lag significantly behind non-blacks on every indicator of success," said the report by the Montr
  21. Un article intéressant sur portfolio.com que j'ai trouvé sur skyscraperpage.com. Selon cet article et selon les revenus personnels disponible (API), Montréal serait, avec Riverside, les deux seuls villes capables de faire vivre une nouvelle équipe de Baseball... Et Montréal se classerait 3ème en Amérique du Nord pour attirer une franchise de la NFL ... Extrait de l'article Just two markets currently outside of MLB have income bases sufficiently large to join its ranks: Riverside-San Bernardino, California, and Montreal. And the latter is tainted because it lost a baseball franchise, t
  22. This does seem to have some validity in older cities like Boston, New York, Philadelphia, or Chicago, but in newer cities it is not the case. Instead of donuts, one finds "wedges" of wealth occupying a continuous pie-slice from the center to the periphery. Just from visual inspection, it also seems that poverty donuts all tend to have about a five-mile radius, regardless of the size of the city. Perhaps this is the practical limit for commuting without a car? All maps are at the same scale, and all use the same color values for income.
  23. Read more: http://www.montrealgazette.com/business/Montreal+severely+unaffordable/4167729/story.html#ixzz1CBr3AL86
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