OTTAWA—A new poll suggests some Canadians are feeling more upbeat about the state of the domestic economy and their own pocketbooks, though not quite as positive as they were before the COVID-19 pandemic. The annual Leger survey of economic confidence found that nearly two in every five respondents rated the economy as being good or…
Poll Suggests Some Canadians Are Feeling Brighter About the Economy, Own Finances
Canada’s Finances: Soaring Expenditures Worsen Winter Chill
Commentary It’s not just the recent blast of winter giving me chills as 2021 comes to a close. The political manoeuvring being done in Ottawa as the fall parliamentary session came to a close is sending outright shivers up my spine, particularly when it comes to the nation’s finances. While Finance Minister Chrystia Freeland was…
Do You Need a Financial Adviser Before the End of the Year? Here’s How to Know for Sure
By Melissa Brock Suspect that you might need a financial adviser or financial planner? Deciding whether to add a financial adviser to your “team” might depend on a variety of reasons, both personal and practical. The end of the year might be the right time to search for your newest team member. In a CNBC and…
EXCLUSIVE: Ilhan Omar Possibly Committed a Felony by Concealing Her Finances in Required Disclosure Form, Watchdog Group Alleges
Minnesota Rep. Ilhan Omar possibly committed a felony by failing to report income she may have received from her 2020 book deal in her required financial disclosure forms, a watchdog group alleged in a complaint filed Tuesday. Members of the House are required to disclose sources of income above $200 in their financial disclosures, but…
Republican Criticizes California’s ‘Behind the Scenes’ Budget
June 29, 2021
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The California Legislature approved a $262.6 billion budget proposal June 28, the largest in the state’s history, but a Republican state lawmaker said Democrats have corrupted the process through backroom deals that rob transparency and leave no room for outside input. In the state budget proceedings, when reviewing senate and assembly versions of the budget, which are always different, a conference committee would…
The Emotional Side of Money
Money is basically a unit of measurement, but it covers a lot of ground. Strictly speaking, money measures the market value of goods, services, and investments. But for some, it can also function as a measure of our self-worth. It can reveal fears about not having enough, resentment for having less than you feel you…
Garcetti Signs $11 Billion Budget, With Nearly $1 Billion For Homeless Crisis
June 2, 2021
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LOS ANGELES—Mayor Eric Garcetti on June 2 signed the city’s $11.2 billion budget for the 2021-22 fiscal year, which allocates historic spending of nearly $1 billion to combat Los Angeles’ homelessness crisis. Garcetti proposed the largest spending plan in city history—which includes a $6.6 billion general fund revenue projection—and city council unanimously approved it May…
Disneyland Reopening Begins Working Magic on Local Economy
May 23, 2021
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As crowds began rushing into Disneyland during its April 30 reopening, the crush of visitors could be felt far beyond park’s green gates. The businesses surrounding the Anaheim, Calif. amusement park say they’re beginning to feel a reprieve following a 15-month, pandemic-induced tourism drought. With the reopening of Disneyland, the city itself says its optimistic…
LA Controller: City Needs More Local Contracting
LOS ANGELES—The City of Los Angeles could generate millions of dollars in additional tax revenue by putting more emphasis on giving municipal contracts to local businesses, a move that would also support the city’s economy and create jobs, City Controller Ron Galperin said May 20. Galperin sent a letter to the mayor and city council,…
Orange County’s Recommended Budget Aims Toward Recovery
May 19, 2021
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Orange County released its proposed budget May 19 for the 2021-2022 fiscal year as it looks to recover from the COVID-19 pandemic. “What was initially presented to us is a solid budget, one that we can work with without having to worry about substantial cuts,” Supervisor Don Wagner told The Epoch Times. “I’m optimistic that we’re going…
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