Lending to yourself

Article Abstract:

The Canadian federal government has introduced a Home Buyers' Plan which allows taxpayers to withdraw a maximum of $20,000 from their registered retirement savings plans (RRSPs) to be used in purchasing a house. Under the plan, only the principal will be repaid. While the plan may appeal to some people, others may consider it wise not to avail of the program. Since the borrowers owe the money to themselves, they may decide to ignore repayments. This will result to additional tax expenses and reduced value of the RRSP. Thus, it would be best not to borrow from the RRSP.

Finance, Registered retirement savings plans

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Other people's money

Article Abstract:

Many Canadian companies are having difficulty finding financial monetary sources to help them expand. Companies are making an effort to improve their business track record and marketing strategy as capital lenders become extremely cautious due to failed capital investments. Aside frombanks and other established financial institutions, a number of debt-financing sources are beginning to emerge, such as government-subsidized programs, immigrant funding programs and established private companies.

Capital investments

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B2B: look at it this way

Article Abstract:

The contributions of online business-directed purchasing and selling appear minimal, with just under 5% of overall purchases and just over 1% of sales of fast-growth companies coming from the Internet, but a closer examination of the situation shows a different situation. Canada's the online business to business market is expected to account for 18% of the Can$1.54 trillion business-to-business trade.

Telegraph & other communications, Video Retailing Service, All Other Information Services, Online services, Internet services, Statistics, Home shopping, Business-to-business market, Business to business market

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