RVDA Urges Modification to DOL Overtime Rules

The Recreation Vehicle Dealers Association (RVDA) has submitted comments to the U.S. Department of Labor’s (DOL) Wage and Hour Division urging the federal agency to consider economic impacts and regional income differences in any new rules regarding overtime pay. RVDA reported in a news release that currently the Fair Labor Standards Act (FLSA) guarantees overtime […]

Canadian household net worth reaches new record

(Sept. 14, 2015) -- In the release of the second-quarter 2015 National Balance Sheet Accounts, a strong seasonal bounce in residential mortgage borrowing contributed to the debt-to-income ratio rising to a new record high during the three-month period at 164.6 percent from 163.0 percent in the first quarter of 2015, RBC Economics reported.

Canadian household net worth reaches new record

(Sept. 14, 2015) -- In the release of the second-quarter 2015 National Balance Sheet Accounts, a strong seasonal bounce in residential mortgage borrowing contributed to the debt-to-income ratio rising to a new record high during the three-month period at 164.6 percent from 163.0 percent in the first quarter of 2015, RBC Economics reported.