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LEGISLATIVE UPDATE: Mayor Kenney Proposes Budget for Fiscal Year 2022 | Cozen O'Connor


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On April 15, Mayor Kenney presented his budget proposal to City Council. Mayor Kenney largely used the $1.4 billion from the American Rescue Plan to fill in revenue shortfalls. Throughout his address, he stated that he would like to prioritize equitable economic recovery, police reform, and public safety investments in this year’s budget. The proposed budget has $5.22 billion in revenue and $5.18 billion in expenses, which leaves a $109 million projected fund balance. Below are some highlights of the budget proposal:
Tax Reductions: There are no tax or fee increases. The parking tax would return to pre-pandemic levels, and both the resident and non-resident wage tax would be reduced. ....

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Bah humbug? Not in Canada, as consumers reach new high in holiday season spending: RBC poll


One-quarter of those polled spent more than they intended
Canadians are finding it challenging to save
NOMI Find & Save
has helped users save over $1 billion since 2017
TORONTO, Feb. 1, 2021 /CNW/ - In a holiday season where social distancing kept many families and friends apart, Canadian shoppers polled compensated by spending an average of $735 – the highest amount since the RBC Post-Holiday Spending & Saving Insights Poll began tracking these expenditures a decade ago.
How much did Canadians overspend over the holiday season? (CNW Group/RBC Royal Bank)
Another record was set by those who spent more than intended (25% of all shoppers), going over budget by $588 on average – a 28% increase from $459 the previous holiday season. The biggest overspenders were in Ontario (29%), followed by residents of Atlantic Canada (27%), Quebec (25%), Saskatchewan and Manitoba (22%), Alberta (20%) and B.C. (18%). By age group, Canadians 18 to 34 included the larges ....

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CLC Islamic Finance expands its reach through new Service Centers - Adaderana Biz English


CLC Islamic Finance expands its reach through new Service Centers
December, 17, 2020
CLC Islamic Finance, the Islamic Banking Division (IBD) of Commercial Leasing and Finance, continuously recognized as an award winning institution at local and South Asian regional levels, has rolled out its island-wide customer outreach initiative with 06 new dedicated customer service centers, called ‘Dedicated Islamic Finance Super Dealer Points (SDPs)’.
Established at strategic locations across the island, SDPs are dedicated one-stop destinations that serve the Islamic financing needs of customers. SDPs will also engage as customer touch points in towns where branches are not located to serve the customers.
The new dedicated Islamic Finance service centers are located at Katuwanwila (Polonnaruwa district), Madurankuliya (Puttalam district) and Madawala (Kandy district). In addition, CLC Islamic Finance has established 04 more SDPs at Akkarapaththu (Ampara), Oddamavady (Batt ....

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