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Currencies

Canadian dollar outperforms eight G10 currencies as investors await BoC rate decision

Open this photo in gallery:The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range of 1.3702 to 1.3742.Mark Blinch/ReutersThe Canadian dollar CADUSD edged lower against its U.S. counterpart on Tuesday but was performing better than all the other Group of 10 currencies, as oil prices rose and investors awaited a Bank of Canada interest rate decision this week.The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a...
Currencies

Canadian dollar outperforms eight G10 currencies as investors await BoC rate decision

Open this photo in gallery:The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range of 1.3702 to 1.3742.Mark Blinch/ReutersThe Canadian dollar CADUSD edged lower against its U.S. counterpart on Tuesday but was performing better than all the other Group of 10 currencies, as oil prices rose and investors awaited a Bank of Canada interest rate decision this week.The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a...
Currencies

Canadian dollar outperforms eight G10 currencies as investors await BoC rate decision

Open this photo in gallery:The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range of 1.3702 to 1.3742.Mark Blinch/ReutersThe Canadian dollar edged lower against its U.S. counterpart on Tuesday but was performing better than all the other Group of 10 currencies, as oil prices rose and investors awaited a Bank of Canada interest rate decision this week.The loonie was trading 0.1 per cent lower at 1.3725 per U.S. dollar, or 72.86 U.S. cents, after trading in a range...
USA Property

Florida property taxes make communities better

Property taxes are not a punishment for homeownership. They are an essential investment in the community that makes homeownership worthwhile.Study eyed for Florida property tax changesExpect an economic impact study as a first step as discussions ramp up about the future of property taxes in Florida.Fox - 35 OrlandoGov. Ron DeSantis recently asked the disingenuously rhetorical question: “Do you ever own your own home?”It’s a provocative statement meant to stir resentment over property taxes as part of a larger pitch to either eliminate or drastically reduce them. But, while such...
Upcoming Investments

Throne Speech from King Charles asserts Canada’s sovereignty, outlines plans for investments, defence

Open this photo in gallery:King Charles III and Queen Camilla, with Prime Minister Mark Carney (left), ahead of the Throne Speech at the Senate chamber in Ottawa on Tuesday.Pool/Getty ImagesIn a ceremony marked with pomp and pageantry, King Charles III opened Parliament Tuesday, delivering the federal government’s Throne Speech that affirmed Canada’s sovereignty and promised the “largest transformation in the Canadian economy since the Second World War.”The Throne Speech, written by Prime Minister Mark Carney’s office in consultation with the King’s office, touched on Liberal election promises including a middle-class...
Upcoming Investments

‘Investment, not tariffs,’ says Ishiba after telephone talks with Trump before 3rd round of talks

TOKYO -- Japan's Prime Minister Shigeru Ishiba said Friday that he held telephone talks with U.S. President Donald Trump and agreed to hold “productive" discussions at an upcoming tariff talks between the two sides.“Investment, not tariffs,” Ishiba told reporters after the talks. He said Japan’s position to keep pushing Washington to drop all recent tariff measures is unchanged and that he stands by plans to push for Japanese investment to create more jobs in the U.S. in exchange.The two leaders held talks just after Economic Revitalization Minister Ryosei Akazawa, Japan's...
Upcoming Investments

Government issues ISA tax relief update after investments query

Savers can currently deposit up to £20,000 a year into ISAs05:15, 22 May 2025Updated 07:00, 22 May 2025Labour has said it is looking at reviewing ISAs(Image: Getty)Labour has made clear its stance on ISAs in response to a question about the tax-free savings vehicle. Lord John Lee queried the Government in a written question in Parliament on how ISA funds that are channelled into foreign investments contribute to the UK economy and align with the Government's "growth agenda".An attraction of ISAs is that you pay no tax on any accrued...
USA Property

Amid deadlock on budget, DeSantis pushes to cut property taxes

No state has yet eliminated property taxes and in Florida they are the biggest source of dollars for 51 of 67 counties and almost half of the state’s 411 cities.With Florida lawmakers now in overtime trying to settle a state budget, the prime source of financing for many cities and counties could soon be headed for the chopping block.In whatever budget deal is decided by the Legislature, Gov. Ron DeSantis wants included some kind of commitment to rolling back property taxes – now or through a ballot question put before...
Currencies

US House panel approves Trump tax cut bill, a possible vote on passage this week

A key congressional committee, the House panel, approved President Donald Trump’s tax cut bill early Monday, paving the way for possible passage in the House of Representatives later this week."The deliberations continue at this very moment. They will continue on into the week, and I suspect, right up until the time we put this big, beautiful bill before the House," House Budget Chairman Jodey Arrington said.Market reaction The US Dollar was last seen trading 0.30% lower on the day at 100.80. US Dollar PRICE Today The table below shows the percentage...
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