What a difference an extra day in a month can make especially when it's shortest month of the year!!
An extra day of finalizing numbers in an effort to reach your budgeted goals. With the Canadian dollar just above par with the US dollar some foreign exchange costs can be minimized.
Interesting that gas prices in North America continue to rise however in Venezuela, I recently learned that they can fill up their cars for less than $3.00 US. This is possible because it is largely government subsidized.
Fred Rozell, director of Retail Pricing at the Oil Price Information Service(OPIS), explains that "Some countries want to try to encourage conservation and alternative fuels, so they might tax it. Others [like Venezuela] might want to subsidize it so that their people get cheaper fuel." Also, he notes, "In Europe they tend to tax a lot. That's why a lot of people don't have vehicles, and they have better mass transit."
Until next time,
Remember leap year only occurs once every four years so use this day to your advantage!!
