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Underfunding a major challenge for women entrepreneurs in Canada, says Visa Canada expert

Underfunding a major challenge for women entrepreneurs in Canada, says Visa Canada expert
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Visa Canada Announces Grant Program to Provide Needed Financial Support for Women-Owned Canadian Small Businesses

BMO Financial Group Reports First Quarter 2021 Results

BMO Financial Group Reports First Quarter 2021 Results Financial Results Highlights Net income of $2,017 million, an increase of 27%; adjusted net income 1 of $2,038 million, an increase of 26% Reported EPS 1,2 of $3.06, an increase of 27% Provision for credit losses (PCL) of $156 million, compared with $349 million Reported net efficiency ratio 1,3 of 56.3%, compared with 60.3% ROE of 15.7%, compared with 13.3%; adjusted ROE 1 of 15.8%, compared with 13.5% Common Equity Tier 1 Ratio of 12.4%, an increase from 11.4% in the prior year TORONTO, Feb. 23, 2021 /PRNewswire/ For the first quarter ended January 31, 2021, BMO Financial Group (TSX: BMO) (NYSE: BMO) recorded net income of $2,017 million or $3.03 per share on a reported basis, and net income of $2,038 million or $3.06 per share on an adjusted basis.

Tax Court Decision Overturned: Visa Does Supply GST/HST Exempt

To print this article, all you need is to be registered or login on Mondaq.com. On January 22, 2021, the Federal Court of Appeal (the “FCA”) overturned the Tax Court of Canada s dismissal 1 of a Canadian bank s (the “Bank”) appeal in connection with the Bank s claim for GST/HST rebates for tax paid in error. 2 While the Tax Court had originally found that the transaction processing services provided by Visa Canada (“Visa”) for the credit cards issued by the Bank constituted a taxable supply, the FCA was of the view that such supply was an exempt “financial service” that was not otherwise excluded pursuant to the specific

Other Notable Cases And Developments In 2020 - Litigation, Mediation & Arbitration

Clarity on the Enforcement of Settlements In 3113736 Canada Ltd. v Cozy Corner Bedding Inc., the Ontario Court of Appeal provided an answer about whether a class member is bound by a class action release even if the party did not receive notice of the class action, the settlement which contained the release, or the right to opt-out. The Court held that while notice to class members must be adequate, the lack of actual notice to any particular class member does not prevent the class from being bound where sufficient steps have been taken to provide adequate notice. This case involved a manufacturer and supplier of foam products,

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