A glance at some of the day s highlights from the Proactive Investors US and Canada newswires Your daily round-up from the world of Proactive
Weekend Unlimited Inc (CSE:POT) (OTCQB:WKULF), a North American recreational cannabis and CBD wellness company, announced that it intends to change its name to Potent Ventures Inc. The Vancouver-based group also said that it plans to subdivide its common shares based on four new shares for every one existing common share. The company said that as part of the share split, registered shareholders of the company will receive four shares for each share held as of April 28, 2021. Weekend will continue to trade under its iconic CSE stock symbol POT.
How Much to Contribute to 401k? Tips, Advice and What to Avoid
On 4/26/21 at 5:53 AM EDT
Americans can save for their retirement by investing in a 401(k) plan, whose name is taken from the section of the U.S. income tax code that created it. The employer-sponsored retirement program allows employees to contribute a portion of their wages towards different investment options, such as stocks and bonds.
The amount of the contribution depends on the individual and some employers will match a portion of an employee s 401(k) contribution. The contribution amount has to stay within two sets of limits: those set by the federal government and those set by your employer, says the Financial Industry Regulatory Authority (FINRA).
On Monday, April 19, 2021, the federal government tabled
its 2021 Budget,
A Recovery Plan for Jobs, Growth, and
Resilience (the Budget ). Stikeman Elliott LLP has
previously published its commentary on the Budget s principal
tax proposals, available here.
Employers participating in, and administrators of,
defined contribution ( DC ) pension plans or pension
plans that contain a DC component will be interested in one of the
Budget s less heralded announcements: proposed relief under the
Income Tax Act (Canada) (the Act ) for
corrections to historical under- and
over-contributions.
The Issue
Employer under- and over-contributions to DC pension plans occur
with some regularity, including both in respect of a single plan
Le lundi 19 avril 2021, le gouvernement
fédéral a déposé son budget de 2021,
Une relance axée sur les emplois, la croissance et la
résilience (le « budget »).
Stikeman Elliott S.E.N.C.R.L., s.r.l. a déjà
publié son analyse sur les principales propositions fiscales
du budget, qui peut être consultée ici.
Une traduction de ce billet sera disponible
prochainement.
On Monday, April 19, 2021, the federal government tabled
its 2021 Budget,
A Recovery Plan for Jobs, Growth, and
Resilience (the Budget ). Stikeman Elliott LLP has
previously published its commentary on the Budget s principal
tax proposals, available here.
Betway owner Super Group to float in New York via SPAC deal
The acquisition by a so-called ‘blank cheque’ company values the sports betting group at around US$5bn. image credit: Silvi Photo / Shutterstock
Betway owner Super Group has been targeted in a SPAC deal valuing the online betting group at around US$5bn.
The Sports Entertainment Acquisition Corp (NYSE:SEAH) vehicle is to acquire the company and bringing the online betting firm onto the New York Stock Exchange.
Concurrently, Betway is acquiring a US sports betting company called Digital Gaming Corp to add access to 10 US states.
In Monday’s pre-market the SEAH vehicle is indicated around 7.46% higher at US$10.51 per share.