Harvest ETFs announces Final May 2025 Cash Distribution for the Harvest Canadian T-Bill ETF
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OAKVILLE, Ontario — Harvest Portfolios Group Inc. ('Harvest') announces the final May 2025 cash distribution for the following distribution for the Harvest Canadian T-Bill ETF for the month ending May 31, 2025. The distribution will be paid on or about June 9, 2025 to unitholders of record on May 30, 2025.
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Details regarding the final per unit cash distribution amount is as follows:
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For additional information: Please visit www.harvestportfolios.com, e-mail info@harvestetfs.com or call toll free 1-866-998-8298.
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Harvest ETFs invites you to subscribe to our monthly commentary newsletter. By subscribing through the following link, you will receive timely insights, analyses and perspectives directly to your inbox: https://harvestportfolios.com/subscribe
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Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $6.4 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth through the long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs. Our core offerings center around covered call strategies, available in five variations: Equity, Enhanced, Fixed Income, Balanced and Single Stock ETFs.
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You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment fund on the TSX. If the shares are purchased or sold on the TSX, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning shares of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into Class A units of the Fund. If the Fund earns less than the amounts distributed, the difference is a return of capital. An investment fund must prepare disclosure documents that contain key information about the investment fund. You can find more detailed information about the investment fund in these documents.
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CBC
22 minutes ago
- CBC
Hamilton non-profit marks 5 years of support for Black-owned businesses, hopes to make bigger impact
Social Sharing A non-profit organization that supports Black-owned businesses in the Hamilton area celebrates its fifth anniversary this week, and one of its leaders said the group wants to make an even bigger impact in Ontario and Canada. Ashleigh Montague, co-founder of Blk Owned, said while they started in Hamilton, where most of the businesses they support are located, they've also partnered with organizations in the Niagara Region. Montague said they are now ready to take Blk Owned even further. "When I think years from now I am seeing more of a national impact," Montague told CBC Hamilton. "Within the next three years, I see expanding geographically within Ontario, strengthening the reach that we have been able to foster over the last five years." Montague and her sisters — Alexandria Montague and Abygail Montague — co-founded Blk Owned on June 2, 2020 at a time when people around the world had taken to social media to post black squares after the resurgence of Black Lives Matter, and, specifically, the murder of George Floyd by white police officer Derek Chauvin in Minneapolis. Since then, the organization created an Instagram page to showcase Black-owned businesses, launched, and has hosted markets, events, and workshops along with a Black-owned business directory that highlights and showcases businesses to the community. In 2022, Blk Owned launched a trailblazer program to help young Black entrepreneurs gain fundamental skills to help improve their business. They've had three cohorts of participants since. In all, they've supported hundreds of Black entrepreneurs, Montague said. 'Entrepreneurship is really lonely' Blk Owned has received funding from Toronto Pearson airport's Uplift Fund, as well as the Hamilton Community Foundation, Montague said, which has allowed them to launch the community platform and a hybrid version of the trailblazer program. Montague said the trailblazer program runs over a two-month period with online and in-person components. At the end of each cohort, participants receive an award and networking opportunities with more established businesses, with the other participants and with facilitators, Montague said. The in-person segment has been held at Sheridan College the past two cohorts, she added. "Because of our expansion of our program... we've had people connecting with businesses from the Brampton region, the Scarborough region, all the way through to London," she said. "With our work with the Southwestern Ontario Black Business Network, we've been able to stretch our reach all the way to Windsor." 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Globe and Mail
25 minutes ago
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What you need to know about Ottawa's proposed GST cut for first-time homebuyers
The new Liberal government tabled a notice of ways and means motion last week to cut the GST for first-time homebuyers, moving forward with a key campaign promise from the recent election. Ottawa's proposed cut to the GST on new homes valued up to $1-million will provide first-time homebuyers a rebate of up to $50,000. However, the rebate would be reduced gradually for homes valued above $1-million and eliminated entirely for homes valued at $1.5-million or more. Called the first-time home buyers' GST rebate, the program would allow an eligible individual to recover up to $50,000 of the GST (or the federal portion of the HST) they paid when buying a home from a builder. The rebate also applies when buying shares of a co-operative housing corporation (where the co-op paid federal sales tax) or building a new home. For homes valued between $1-million and $1.5-million, the rebate would be reduced in a linear manner and calculated as a percentage of the maximum rebate ($50,000). In answer to questions from The Globe, Department of Finance spokesperson Benoit Mayrand provided examples of how this would work. To qualify for the rebate, at least one of the purchasers of the new home must be a first-time homebuyer acquiring it for use as their primary residence. (To be considered a first-time homebuyer, an individual generally needs to be a Canadian citizen or permanent resident, at least 18 years of age, and have not lived in a home, located anywhere in the world, that they or their spouse or common-law partner owned in the current year or previous four years.) The GST rebate would be available for homes where there's an agreement of purchase and sale with a builder made between May 27, 2025 and Dec. 31, 2030, and where construction begins by Dec. 31, 2030 and is completed substantially by Dec. 31, 2035. For someone building their own home, or having it built for them, construction must begin between May 27, 2025 and Dec. 31, 2030 to be eligible, and the home must be completed substantially by Dec. 31, 2035. The rebate can only be claimed once, and can't be claimed if a person's spouse or common-law partner has already used it. The first-time homebuyers' GST rebate would operate alongside the existing GST new housing rebate, which is available to eligible buyers whether or not they've previously owned a home. Under the existing GST new housing rebate, a homebuyer can recover 36 per cent of the GST paid on a new home priced up to $350,000, resulting in a maximum rebate under the program of $6,300. The GST new housing rebate is phased out in a linear manner for new homes up to $450,000, with no rebate for homes above that amount. (There may also be rebates available on the provincial sales tax.) Mr. Mayrand provided two examples of how the two rebates would work together for a first-time homebuyer.


Globe and Mail
25 minutes ago
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Should You Buy Citigroup While It's Below $76?
Citigroup (NYSE: C) is one of the best-known banks in the United States and probably the world. But it doesn't have the best history when it comes to dealing with adversity, given its less-than-impressive performance during the Great Recession. Even though it is a much different company today than it was back then, investors can probably do better. Here's why and how. What does Citigroup do? Citigroup is a bank, providing basic financial services to consumers and businesses. This is the core of its business. However, it also operates in the investment banking, wealth management, and markets spaces. The business is not significantly different from any of its largest peers, though it is important to note that Citigroup is more than just a simple bank. That said, it is just as important to take a little historical journey with Citigroup. That's because it allowed itself to get caught up in the housing market meltdown that happened during the Great Recession. 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