Self employed Canadians gain extra filing window for rebates
Thousands of self employed Canadians can file by June 15 for rebates but those owing taxes face penalties if not paid. The Canada Customs and Revenue Agency notes the extension applies only to rebates and says April 30 remains the due date for those not owed refunds. Chartered accountant Donald Harrington advises maximizing write offs and business expenses to reduce tax. Small businesses may also consider further strategies.
MENTIONED IN THIS ARTICLE
Canada Customs and Revenue Agency
Canaccord Capital Chartered
Donald Harrington
Harrington
Ian Adams
Assante Capital Management
Adams
CCRA
Tax tips stress speed of deductions and careful record keeping
Harrington urges expensing now for maximum tax relief amid rising profit expectations and warns that delaying deductions shrinks relief if tax rates fall. He notes tighter auto expense proofs, 50 percent meal deduction limits, and the need for travel logs. Small firms struggle with receipts, while April 30 extensions help but early filing remains best.
MENTIONED IN THIS ARTICLE
Harrington
CCRA
Hire A Student opens in Medicine Hat at YMCA Youthworks centre
Medicine Hat launches Hire A Student in the old health unit building at 770 1 Street S E. It invites all students and employers to visit or call Jen at 29 4733 for details. Agricultural postings remain across Alberta though fewer this week.
MENTIONED IN THIS ARTICLE
Medicine Hat
S.E
Ymca Youthworks
Alberta
Jos WATCH Service and Retail Jobs Listing
Job notes show openings in food service and retail with roles for a food services aide and a department manager in agriculture. Trades include welder and painter positions.
Unemployment rate for Southern Alberta in April 2001
The unemployment rate for Southern Alberta stands at 5.3 percent for April 2001. Job hotline numbers provided include 1-800-727-2925 and general number 528-220q, with Employment Insurance inquiries at 1-800-206-7218 and a student hire line at 529-4733.
MENTIONED IN THIS ARTICLE
Alberta
Smaller Canadian telecoms could attract takeovers if limits eased
Canadian analysts say lifting the 33 percent foreign ownership cap would make small telecoms ripe for acquisitions by U S or European buyers. The shift could also spark interest in larger telecom and cable firms as U S and European companies push into North America. Industry Canada expects a report recommending looser rules by end June, with a cabinet response due in the fall. Presently Bell Canada is 20 percent owned by SBC, Rogers Wireless is 33 percent owned by BT and AT, AT&T holds parts of AT&T Canada, and Telus has Verizon ties.
MENTIONED IN THIS ARTICLE
Toronto
Canada
U.S
North America
Industry Canada
Brian Tobin
Bell Canada
SBC Communications
Rogers Wireless
British Telecom
Calgary oilman backs ski resort bailout amid creditor protection
Calgary financier Murray Edwards is identified as the backer behind a bailout for Resorts of the Canadian Rockies, with Edco Financial Holdings providing equity and 3 million in interim financing to keep eight resorts including Lake Louise and Fernie from a sale. The deal may exit creditor protection by July, preserving season passes and ownership stakes while Edwards’ broad Calgary investments are noted.
MENTIONED IN THIS ARTICLE
Calgary
Canadian Rockies
Murray Edwards
Edwards
John Prowse
Bank of Montreal
Edco
Alberta Court of Queen’s Bench
Edco Financial Holdings Ltd
Crosbie Cotton
Charlie Locke
Cotton
Lake Louise
Banff National
Ensign Resource Service Group Inc
Penn West Petroleum Ltd
Canadian Natural Resources Ltd
Rio Alto Exploration Ltd
Meota Resources Corp
Call for cellphone ban could boost hands free demand
An interview with Charlie Reid of Cap Gemini Ernst & Young argues a car cellphone ban would lift hands free use and telematics demand, while critics warn tech upgrades may push driving distractions further. Automotive and medical groups call for caution until more safety data is available.
MENTIONED IN THIS ARTICLE
Toronto
Charlie Reid
Kitchener
Ont
Cap Gemini
Ernst & Young
Highway 410
Tornnto
Reid
Canadian Medical Association Journal
John Hoag
Canada Safety Council
Council
Emile Therien
Avoid rental traps on a city freeway daily drive
A reflective note recalls leaving a downtown rental and facing light traffic as they merge onto the freeway, contrasting past worries with current comfort and lifestyle aspirations.
Lessons from renting a car abroad by Brian J. Rothwell
The author shares tips for travelers renting cars in foreign countries. He advises using the internet for comparison shopping, seeking local rental options, avoiding high insurance charges by leveraging home or card coverage, and checking mileage policies. He stresses validating the contract, rates, times, locations, and discounts before signing, and notes careful pre-rental damage checks.
MENTIONED IN THIS ARTICLE
Auckland
New Zealand
Avis
Budget
Yukon
Sweden
Pearson International Airport
Toronto
Brian J. Rothwell
Rothwell Management Inc
Medicine Hat
Rothbeg
Telusplanet.net
Railways brace for another round of mergers
North American railways including CN and CPR are preparing as a U S moratorium on mergers expires. The U S Surface Transportation Board will publish new rules and encourage alliances before any large consolidations resume, with analysts predicting a cautious pace and potential deals within 12 to 18 months.
MENTIONED IN THIS ARTICLE
Montreal
U.S
U.S. Surface Transportation Board
Canadian National Railway Co
Burlington Northern Santa Fe
The
Transportation Board
Michael Lloyd
Federal Regulatory Agency
Lloyd
Deutsche Banc
Alex Brown
New York
Also Mentioned on This Page
Mooneey
Jos
Food Ser
Agriculture
Brian Rothwell
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