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Daniel Picard
Attended University of New Brunswick
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Daniel Picard

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Street Fighter X Mega Man!? Coming December 17!? And it's FREE?!?! http://j.mp/XYhSMG 
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How much would an HST increase of 2% affect the "average" New Brunswicker?

The average weekly salary is $788.79 (StatsCan http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/labr79-eng.htm)

The net weekly take home assuming no children/dependents is $609.49 (use the CRA payroll deductions calculator - https://apps.cra-arc.gc.ca/ebci/rhpd/startLanguage.do?lang=English)

This means the annual take home is $31,693.48.

If you spent all of this on HST eligible purchases (which you don't as most food [prepared food is taxed] and housing [except heat/lights if separate] aren't HST eligible), you could buy $28,047 worth of goods with HST at 13%. If HST was 15% you could buy $27,560 worth of goods. A difference of $488. Over 52 weeks, this is only $9.38 a week. A pack of smokes a week, a 6-pack of beer on the weekend, the upper echelon of internet/tv packages a month, a Tim's coffee each morning, or switch your smartphone plan from Bell to Koodo.

Obviously total consumption would decrease as you cannot purchase the same amount as before, but the loss of this potential HST is more than offset by the increase of 2% by $425. (Here's the math is you are interested: $488 x 13% = $63 in HST lost due to decrease in before tax purchasing power. Compare this to the increase in HST collected from your net earnings: $4,134 [$27,560 x 15%] less $3,646 [$28,047 x 13%] = $488 increase in HST due to 2% increase. Net increase in HST paid on net take home = $425).

In the grand scheme of things, an HST increase of 2% won't affect the average New Brunswick as I stated above, there are numerous ways which we can cut from our daily lives to make up for the loss in spending power.
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I'm hoping that some day, we can go back to 15% or even 16%, and we can use that tax as a "modern" tax, to deal with today's problems.
Maybe put that money toward a common goal for our provinces.  Such as a multi year plan to wien ourselves off the need for oil.    

BUT Im sure oil costs way more than what that would cover. lol   Just as long as the money goes toward a 'modern' problem

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At least Google Plus is looking consistent and doesn't have a bunch of loose-scrolling ends moving all over the screen. +Mark Zuckerberg if you change things to what you think they should be, please give an easy option to change back to basic, at least until you finalize your new design.
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If I had a million dollars...I'd buy 9 Berkshire Hathaway shares
Share this page. Share. I occasionally fail to follow my better judgment and find myself watching one of the business news channels, with a steady stream of talking heads, each of whom is willing to s...
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In a bid to compete with Netflix, Google is leveraging YouTube to deliver online rentals for a cost of around $5 per movie
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Arpad Kormendy's profile photoDaniel Picard's profile photoKumaran Thillainadarajah's profile photo
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Yea its true, plus blockbuster Canada is closing down in December, so Goog is spot on with it's timing with this

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Here is a good article analyzing the potential buyers:

http://www.reuters.com/article/2011/08/19/us-hp-asia-idUSTRE77I1VE20110819
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Daniel Picard

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How to develop JEDI Focus by fortunepick.com, my Cole's notes version:

4 pillars of JEDI Focus:
1 - develop a habit of getting enough sleep
2 - don't eat simple carbs while working
3 - understand your biorhythm and work with your body, not against it
4 - don't rely on willpower, develop a routine

working routine - 5 step structure:
1 - Remember why you're doing a task and motivate yourself.
2 - Define the task.
3 - Remove distractions.
4 - Start working and listen to your body (see 3 above for biorhythm).
5 - Reward yourself.

Check the link for more details.
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Daniel Picard

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Sign up for Bitcasa's Infinite Storage beta
Bitcasa. Why Bitcasa? Blog. Somebody really likes you, they think you should get infinite storage! We'll be launching our beta soon. Sign up if you would like to be included. Register for the beta...
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Shocker
“I guess I have to make my drinks a little less strong,” the bar owner was quoted as saying.
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When do we get to see the leaked phone?

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All I can say is wow, the US missed a bombshell, take a read of the "Acceptable Collateral"section.
Citigroup Inc. and Bank of America Corp. were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 b...
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Take advantage of another great time to buy. Look for dividend paying stocks.
World stocks fall precipitously amid pessimism about the global economic outlook, with new economic releases showing anemic growth on all fronts.
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Have him in circles
119 people
Michael MacKinnon's profile photo
Melanie Picard's profile photo
Arpad Kormendy's profile photo
Daniel Houghton's profile photo
Steve Beam's profile photo
Camilo Villamizar's profile photo
mich foreman's profile photo
Marko Blog's profile photo
Jason Swallow's profile photo
Education
  • University of New Brunswick
    Accounting, Economic, Finance, 2001 - 2006
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Financial analysis, Financing
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