Don’t Panic, A Trump Presidency Isn’t as Bad as Believed

Don't Panic, A Trump Presidency Isn't as Bad as BelievedMarkets whipsawed wildly once it became clear that outsider Donald Trump had ascended to the Oval Office. For a brief moment, it appeared the cataclysm that many economists and analysts on Wall Street had been dreading had finally arisen. It was feared that Trump’s regressive policies on immigration, foreign aid, trade, and taxation would spark considerable volatility and eventually lead the U.S. into a recession. Nonetheless, after Trump addressed financial…

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Canadian Businesses Sit on Cash Despite More Tax Cuts

Canadian Businesses Sit on Cash Despite More Tax CutsProfitable Canadian businesses are set to reap $2.85 billion in additional income tax savings in 2012, even as Prime Minister Stephen Harper complains about all the private “money sitting on the sidelines.” The last of five annual corporate tax cuts took effect Sunday, reducing the federal rate by another 1.5 points to 15 per cent. The move comes as corporate Canada, from multinationals to midsize businesses, squirrels away hundreds of…

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