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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.
- Fall '09