According to Bloomberg the average high-class household in Canada makes $212,500 US a year, while the average American household makes $284,100, a stark $70,000 difference. This means, that while median households in Canada are making more than those in America, America is still seen as the richer country overall. Do people get paid better in […]
Category: Canada
Is Canada In Financial Crisis?
Canada Is Heading For A Recession, Financial Crisis Can’t Be Ruled Out: Oxford Econ. Canada’s economy is eroding at an unusually fast rate, and financial conditions are tightening. Oxford Economics, a global macro research firm, warns their recession index shows a recession is almost certain at this point. Is Canada in a recession 2022? The […]
How Do You Find Out If You Are A Beneficiary In A Will In Canada?
The testator may have informed him or her of the plan to make the person a beneficiary. These individuals may approach the executor and ask for a copy of the will or to confirm if the individual is a beneficiary. How do I know if I am a beneficiary of a will? How do I […]
Can You Keep Found Money Canada?
While there is no legal responsibility to turn over money, says Const. Isabelle Cotton of the Toronto Police Service, “people are usually really good about returning the cash.” Can you keep money if you found it? Even though cash is not marked with the owner’s identity—like a check or savings bond—it’s a piece of property […]
What Happens To Unclaimed Property In Canada?
When funds have been inactive for 10 years at a federally regulated bank, they are transferred to the Bank of Canada. The Bank of Canada holds unclaimed balances of less than $1,000 for 30 years. Balances of $1,000 or more will be held for 100 years once they are transferred to the Bank of Canada. […]
Are Property Records Public In Canada?
Anyone can search for land records. You can search: land registration records online using the OnLand site. How do I find property details online? In order to verify property ownership in Punjab, just follow the steps below: Go to the website of Punjab Land Records Authority i.e. Punjab-zameen.gov.pk. Select the district and service centre. Select […]
How Long Before A Car Is Considered Abandoned In Canada?
If the vehicle has been left on a highway for more than 72 hours the Minister of Transportation and Infrastructure (MOTI) may choose to remove it and the person responsible for abandoning it may be required to pay the expense of removal. How long does a car need to be left before it is abandoned? […]
Who Can Seize Your Bank Account In Canada?
Banks, creditors and the Canadian Revenue Agency can legally freeze a bank account. Suspected fraud or debt obligations are two reasons a bank account might be frozen. Can the Canadian government freeze your bank account without a court order? Canada Revenue Agency (CRA) – the CRA can freeze your bank accounts without the need for […]
Is Canada More Productive Than The Us?
While the average American worker produces $66 of value per hour, the average Canadian workers produces just $50 of value per hour. Where does Canada rank in productivity? The United States ranks fifth, according to the OECD, contributing $68.30 to the country’s GDP per hour worked, countering claims that Americans are the most productive workers […]
What Is The Largest Land Claim In Canada?
This agreement gave the Inuit of the central and eastern Northwest Territories a separate territory called Nunavut. It is the largest Aboriginal land claim settlement in Canadian history. How many land claims are there in Canada? This includes about 250 accepted for negotiation, 71 claims before the Specific Claims Tribunal and about 160 specific claims […]