March 10, 2010
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Many Thanks to our 2009 National Conference Sponsors
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The Canadian Finance & Leasing Association (CFLA) represents the asset-based financing, equipment and vehicle leasing industry in Canada. With over $108 billion of financing in place with Canadian businesses and consumers, the asset-based financing industry is the largest provider of debt financing in this country after the traditional lenders (banks and credit unions).
Facilitating business investment in new machinery, equipment and vehicles enhances national productivity and living standards. The asset-based financing industry was directly responsible for raising the living standards of Canadians by 2.3% between 1992 and 2002 (or about 8% of the total increase in living standards over that decade). CFLA's more than 190 members range from large multinationals to national and smaller regional domestic companies, crossing the financial services spectrum from manufacturers' finance companies and independent leasing companies, to banks, insurance companies, and suppliers to the industry. The customers of this industry are Canadian small, medium and large businesses as well as consumers. |
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| WHAT'S NEW | |
  [Posted March 9, 2010] CONFERENCE 2010: Your suggestions for speakers and sessions. The theme of this year’s national conference in Vancouver (September 22-24) is “The Turning point ~ Le point tournant”. We’re looking for YOUR ideas for Conference 2010. For more, go to the CFLA Invitation for Proposals. [Posted March 8, 2010] Certain services to arrange for a “financial service” may no longer be GST/HST exempt: Federal budget. The proposed changes may reverse long-standing policy. The amendments to the definition of “financial service” will exclude certain services previously identified in CRA bulletins and Policy Statements as exempt "arranging for" services. For more, go to the CFLA Member GST/HST Update. [Posted March 8, 2010] Quebec Tax on Insurance charged on extended warranties effective March 1, 2010. An extended warranty is not an insurance contract when the warranty is sold by the retailer, distributor or manufacturer of the product. Consequently, insurance purchased by suppliers of extended warranties is not considered re-insurance. For more, go to the CFLA Member GST/HST Update. [Posted March 5, 2010] FEDERAL BUDGET 2010: Budget details, issues of interest, member commentaries. For more, go to the CFLA Budget Webpage. [Posted March 5, 2010] FEDERAL BUDGET 2010: Creation of the $500 million Vehicle and Equipment Financing Partnership and the termination of the $12 billion Canadian Secured Credit Facility. For more, go to the CFLA Member Update. More What's New... |
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Annual Golf Tournament - 2010 18/05/2010 details... |
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Conference 2010 22/09/2010 - 24/09/2010 details... |
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Conference 2011 21/09/2011 - 23/09/2011 details... |
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