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  2. Canadian transfer payments - Wikipedia

    en.wikipedia.org/wiki/Canadian_transfer_payments

    The Canadian federal government announced in 2023-24, $94.6 billion to transfer to the provinces and territories through major transfers (Canada Health Transfer, Canada Social Transfer, Equalization and Territorial Formula Financing), direct targeted support and trust funds), a $7 billion increase from the previous year, 2022-23. [2]

  3. Mortgage - Wikipedia

    en.wikipedia.org/wiki/Mortgage

    A mortgage loan or simply mortgage (/ ˈ m ɔːr ɡ ɪ dʒ /), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

  4. Large Value Transfer System - Wikipedia

    en.wikipedia.org/wiki/Large_Value_Transfer_System

    The Large Value Transfer System, or LVTS, was the primary system in Canada for electronic wire transfers of large sums of money, and was operated by Payments Canada.It permitted the participating institutions and their clients to send large sums of money securely in real-time with complete certainty that the payment will settle.

  5. Transferring a mortgage: How it works - AOL

    www.aol.com/finance/transferring-mortgage-works...

    The transfer typically severs any legal obligations the original borrower has to the loan. How a transfer of mortgage works. When you transfer a mortgage, another person assumes the financial ...

  6. Transfer payment - Wikipedia

    en.wikipedia.org/wiki/Transfer_payment

    Transfer payments to (persons) as a percent of federal revenue in the United States Transfer payments to (persons + business) in the United States. In macroeconomics and finance, a transfer payment (also called a government transfer or simply fiscal transfer) is a redistribution of income and wealth by means of the government making a payment, without goods or services being received in return ...

  7. Should you transfer a car loan to a credit card? - AOL

    www.aol.com/finance/transfer-car-loan-credit...

    Key takeaways. If you can qualify and afford the monthly payments, transferring your auto loan to a credit card with a 0 percent introductory APR period could help you save on interest.

  8. Equalization payments in Canada - Wikipedia

    en.wikipedia.org/.../Equalization_payments_in_Canada

    A formal system of equalization payments was first introduced in 1957. [7] [ Notes 1]. The original program had the goal of giving each province the same per-capita revenue as the two wealthiest provinces, Ontario and British Columbia, in three tax bases: personal income taxes, corporate income taxes and succession duties (inheritance taxes).

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