Tag: Canada
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Canada Overseas Retirement Plan and Hong Kong Pension Law
A specific type of Hong Kong pension law framework, when structured compliantly, can produce a cross-border financial structure that is government regulated, registered and recognized to reduce the cost of tax for cross-border investment into and out of Canada. A Hong Kong ORSO is after tax contribution with the idea that withdrawals after age 55…
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Offshore Investors Bullish on Canada
Foreign investment in Canadian securities strengthened for a third straight month in March, according to figures released Wednesday morning by Statistics Canada. The agency put the figure at $17.2 billion, and added that foreign acquisitions were mainly composed of securities issued by Canadian private corporations. Meanwhile, StatsCan says, Canadian investment in foreign securities amounted to…
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Confessions of an Expat Canuck
Never before in modern history has there been a time when people everywhere have become so disillusioned by the Global Governments and their leadership. Call it an awakening, or blame it on the information-age with all it’s alternative media but the fact remains the same; Governments have gone way out of control and their leaders,…
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American Debt…How Far Can We Go?
The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. America has a debt problem and a failure of leadership. American’s deserve better. I, therefore, intend to oppose the effort to increase America’s debt. ~ Barack Obama, March 16, 2006 The more things change, the more…
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Canadians investing offshore grows sharply
OTTAWA – Canadian investment in offshore financial centres, including so-called “tax havens,” shot up eight-fold between 1990 and 2003, Statistics Canada reported Monday. Between 1990 and 2003, Canadian assets in those countries went from $11 billion to $88 billion. They accounted for more than one-fifth of all Canadian direct investment abroad in 2003, double the…