Quebec has an entirely different plan, known as the QPP or Quebec Pension Plan. While federal taxes are the same across Canada, provincial and territorial taxes vary. So if an employee lives in Saskatchewan but works for you in Ontario, they’ll be subject to Ontario’s tax rules. If you’re curious, you can look at how...
This costing method is most often used when inventory is perishable and is a favorite for food retailers. Specific identification inventory costing attaches cost to specific items in inventory. The specific identification method of inventory costing applies primarily to high-ticket items, like automobiles. Typically, retailers who use the specific identification method don’t have a large...
If you’re looking for ways to grow your wealth by getting it out of your checking account and into better investments, consider speaking with a financial advisor to create a plan. Lastly, it’s relatively easy to open up a savings account with most banks, so you don’t have to worry about complicated paperwork or lengthy application processes....
This value is typically the average return of the market (which the underlying security is a part of) over a specified period of time (five to ten years is an appropriate range). CAPM takes into account the riskiness of an investment relative to the market. The model is less exact due to the estimates made...