From whether or not they should join a CDs-by-mail club to where they choose to live, young Nova Scotians face a sometimes bewildering number of consumer decisions in their daily lives. Now they are also getting the information that can help them make more informed choices. The Reality Choices program aims to help Nova Scotians aged 18 to 30 face financial hurdles, manage money, understand property rental agreements, make decisions relating to vehicle expenses and provide other important consumer satisfaction information. “Making life decisions can be overwhelming, regardless of your age,” said Barry Barnet, Minister of Service Nova Scotia and Municipal Relations. “It is important for young Nova Scotians to understand the legal consequences that go with these decisions, so they can then make informed choices.” Reality Choices provides information on understanding credit history and ratings from the time a person is issued a credit card, loan or line of credit from a bank, or even a subscription to a CD or video club. It explains how credit agencies operate and their purpose. The program explains the importance of developing a spending plan and how to budget monthly expenses. The program also includes important information relating to: the pros and cons of buying versus renting a home living expenses and shared costs rental agreements landlord and tenant responsibilities the importance of tenant insurance and the legal liability of associated accidental property damage buying and leasing vehicles consumer satisfaction relating to refunds, exchanges, warranties, door-to-door sales, online shopping, rebates and identity protection. The program was developed jointly by provincial, territorial and federal governments through the consumer measures committee. For more information about Reality Choices, see the website at www.gov.ns.ca/snsmr/consumer .
October 4, 2019
B.C. premier breaks eight-year tax log jam for logging contractors VICTORIA – Premier Christy Clark announced a break in a tax log jam Friday that has concerned British Columbia forest contractors since 2003 when the Liberals cut forest tenures in an industry-wide restructuring plan.Clark told delegates at the annual Truck Loggers Association convention on Friday that ongoing B.C. government lobby efforts on behalf of forest contractors convinced the federal government to forgive the tax hit many received during the restructuring.She said up to 190 forest contractors will get back $9 million in federal taxes.The B.C. Forestry Revitalization Trust was established in 2003 to provide compensation to B.C. forest companies as a result of government restructuring.B.C. did not tax the compensation payments, but Ottawa did, and the industry had been fighting the taxes ever since.The B.C. forests ministry reports the revitalization trust paid $71 million to about 300 logging contractors under its original mandate.“The tax bill will be relieved,” said Clark. “We moved legislation to forgive the taxes, the federal government decided they were going to claw that back, and the federal government’s no longer clawing it back.”Truck Loggers Association president Dwight Yochim said contractors have been waiting and lobbying for a decade to resolve the tax matter.“Some of them actually went out of business, some of them sold some of their business and restructured,” he said. “They’ve been waiting for this compensation to come back. They are now able to reinvest in the industry again, get new equipment and get back up right at the time the industry is really starting to pick up.”Clark also told the truck loggers she is putting $5 million into a forest contractors protection fund that offers compensation to companies who end up dealing with other companies that go broke.The Forestry Service Providers Compensation Fund was established last year, under the Forestry Service Providers Protection Act.Clark said she expected the fund to reach $15 million, but hoped its use will not be required as the industry continues to rebound. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Dirk Meissner, The Canadian Press Posted Jan 18, 2013 7:38 pm MDT