UPDATES ON CEBA

The government of Canada provided $149 billion to 900,000 small businesses and NFPs fromApril 9, 2020, to June 30, 2021.The repayment deadline for CEBA loans to qualify for partial loan forgiveness of up to 33 percent which is $20,000 has been extended from December...

Bank of Canada raises key interest rate to 0.5%

Bank of Canada hikes its key interest rate to 0.5% that marks the first time it has increasedrates since October 2018.The Bank of Canada said the war in Ukraine is “a major new source of uncertainty” that isdriving prices higher on oil and other commodities.It is...