Trading news

Canada's pensioners benefiting from a new plan

Canada's pensioners would have the opportunity of greater payouts amid the nation's provinces having agreed, today, on a principle in supporting the expansion of the national pension scheme where the premiums will be increasing moderately throughout time.

Canada's new pension scheme as of 2019

The scheme will be operational as of 2019 and on a seven years scale. The restructuring of the nation's pension plan requires the support of 7 out of 10 provinces, and the Canadian federal government, representing 67% of the population.

Following the previous scheme's refusal, this outcome prompted the Liberal government of Ontario to come up with a scheme in the absence of a national solution.

Ontario's proposal is currently under revision, and it will be formalized in the upcoming weeks once approved.

Read More

Tuesday, 21 Jun, 2016 / 7:20

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.argusfx.com/en/research-education/market-analysis/news/canada-s-pensioners-benefiting-from-a-new-plan

Trading news

 

Weak Economic Data supported higher prints – GOLD Market Outlook – 26/11/2020

Gold hit our long entry resistance target at 1815, bouncing off the 1800 [...]

Posted on Thursday, 26 Nov, 2020 / 10:03 under

Euro bulls targeting 1.20 – EUR/USD Market Outlook – 26/11/2020

The Euro extends gains above 1.19 after weaker than expected US macro data [...]

Posted on Thursday, 26 Nov, 2020 / 9:37 under

Help is On the Way

The Fed considers helping the US economy “fairly soon”, the ECB [...]

Posted on Thursday, 26 Nov, 2020 / 8:54 under