Latest news

$40,000 Loan Expanded to Small Business with Salaries under $20,000

The expanded CEBA are available through Canada’s large banks tomorrow. More lenders, like credit unions, will be offering this product in the very near future. We know many small businesses have been waiting patiently in these trying times – help is on the way. To sum it up for you and need to know I

Is Your Family Doctor Removing You From Their Roster?

Food for thought! Interesting stuff! Are you at risk of being de-rostered and what does this mean to you? Did you know using a walk-in clinics frequently when you have a family doctor could cause him/her headaches. In turn you can be called in and advised that you would be taken off his/her roster. So

IDENTIFY THEFT – Desjardins (IMPORTANT NOTICE)

DEAD LINE: Must apply before December 31, 2020 Your personal information may have been compromised! They wrote in their letter ;“Desjardins has conducted an internal review and analysis, and found that an ill-intentioned employee had access to the personal information of their members and clients who have or had a caisse (banking) account, credit card

NVCC (Non-Viability Contingent Capital) securities

Googled NVCC and got the following….….. Non-viability contingent capital (NVCC) securities……..Subordinated debt or preferred shares that are issued by banks and can be converted into common stock if a trigger event occurs. What are bail-in and NVCC bonds? Bail-in capital bonds and non-viable contingent capital (NVCC) bonds are distinct from existing debt issued by financial institutions primarily because they

BANK BAIL-IN – C15

Is your money secure and safe? What you need to know. The link below will provide you with information you need too know about your money and if it is secure in the 6 major Canadian Banks Canada designated six “domestic systemically important banks” (D-SIBs): Bank of Montreal Bank of Nova Scotia Canadian Imperial Bank

Did Canadian Banks Receive Financial Aid in 2008 to 2010?

Does it matter if it is called “Bailout or Liquidity” Support? Excerpts: Financial Post wrote: “Where MacDonald says “bailout,” a financial ministry official says “liquidity support” While MacDonald said the government tried to hide the numbers even from Access to Information requests, the official said the bank funding was “clearly, publicly laid out – repeatedly.”

Canadian Government Easing Covid-19 Restrictions

5 Phase Out Dates Government’s roadmap to ease Covid-19 restrictions will be set out in 5 phases. These phases will be on 3 week review process, the current phases would commence on the following dates: Phase 1 – 18th MayPhase 2 – 8th JunePhase 3 – 29th JunePhase 4 – 20th JulyPhase 5 – 10th

Canada: Rent Relief Update

The Canada Emergency Commercial Rent Assistance Program I’m not sure if I read this correctly but if you look at the RENT FORGIVENESS section of the link below, you will see why many landlords are not opting to apply for the 75% Rent Forgiveness to help there commercial tenants. Let me spell it out as

Suprising 5 items in your kitchen to be wary of.

These five items in your kitchen could be sabotaging your ability to manage your weight and may be dangerous to your health. I received this email and was giving a quick simple list. below are the excerpts. We all use these in our kitchens. Check them out: 1) Cookware. Are you using pots and pans