ACCUMULATED INCOME PAYMENTS - AIP
It is a withdrawn money from any Canadian Education Savings Plan if the beneficiary will decline to attend college. If the beneficiary will not go to college the income earned in the saving plan is not forfeited as long as the subscriber is a Canadian resident at the time of withdrawal. It is also legal if the one who will receive the plan is deceased.
POPULAR TERMS
Position
It refers to the amount of security either owned or borrowed by a person or a dealer. It’s basically a trade that an investor currently holds ...
Centrally Planned Economy
Economic system in which the state or government make economic decisions. It aims to regulate what is produced and how resources are used and distr ...
Debtor Nation
A nation with a cumulative balance of payments deficit. A debtor nation has negative net investment after recording all of the financial transactio ...
Fool In The Shower
The notion that policies designed to change the economy’s course should be done slowly, instead of all at once. The phrase is attributed to N ...
Discounted Cash Flow - DCF
A valuation method used to estimate the attractiveness of an investment opportunity. Discounted cash flow (DCF) analysis uses future free cash flow ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
