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实事é&am...

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Current Events See my midterm review package for a more complete list of current events. I still feel that the HST is an issue of great importance that could easily be on, and I have found several new questions from last fall’s midterm. 1. Which party recently won the Canadian federal election? Who is the official Leader of the Opposition of Canada? Conservative Party. Michael Ignatieff 2. How much is the Federal Government’s insured limit on bank deposits in Canada? 100,000 Canadian dollars 3. What is the current value of the Canadian dollar versus the USD? What does this mean for you as a consumer? It’s around 0.95. It means that relative low goods can be purchased at US as a consumer. 4. How much are you allowed to deposit in a tax free savings account? 5000 dollars per year, It can be cumulative, which means if you don’t put 5,000 last year, you
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Unformatted text preview: can put 10,000 in this year. 5. Who is the Governor General? Michaelle Jean 6. Who is Minister of Finance? Jim Flaherty 7. What is TSX today? How about TSX venture? Around 11,400 for TSX, and TSX Venture 1400. 8. Who is Canada’s largest trade partner? Second largest? USA, China. 9. What is Harmonized Sales Tax? HST is the combination of PST (provincial sales tax) + GST (Goods and Services Tax). It is believed that the tax can build a more efficient tax system by not increasing sales tax revenues. HST can raise the business investment. 10. What is the benchmark interest rate in Canada? What is the bank interest rate for one year? What is 10 year closed mortgage rate? 0.25% now, 3.5%, around 6.7 %( maybe lower, depends on the financial institutions) 12. What is the overnight rate in Canada? For now it is still 0.25%...
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This note was uploaded on 01/07/2010 for the course TELFER ADM1300 taught by Professor Peterkoppel during the Fall '09 term at University of Ottawa.

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实事é&am...

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