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Finance

Bill C-208 is now law: Freeland

Bill C-208 is now law: Freeland

Finance Minister overrules officials to rule new legislation to level playing field when transferring a business within a family is now in effect
Buying a business: beyond the down payment

Buying a business: beyond the down payment

While cash equal to 20 to 30 per cent of the price is common, lenders can be flexible and there are options to access any extra funding needed
THE NUMBERS

THE NUMBERS

The number of Canadians who were unemployed increased by 413,000 (36.4 per cent) from February to March, the largest monthly change since comparable data became available in 1976.
Ottawa eases 75% wage subsidy eligibility rules, offers help to job-seeking students

Ottawa eases 75% wage subsidy eligibility rules, offers help to job-seeking students

Companies suffering 15 per cent revenue reductions can now apply, and those hiring students can get up to 100 per cent of wages covered
Canada Emergency Response Benefit applications now open

Canada Emergency Response Benefit applications now open

The CERB will provide residents who have lost their jobs or income with a temporary benefit of $500 a week for up to 16 weeks
Bank of Canada cuts key interest rate to 0.25%

Bank of Canada cuts key interest rate to 0.25%

Canada's central bank has also launched a quantitative easing program to bring liquidity to Canadian markets
Feds roll out new measures to help small, medium-sized businesses weather COVID-19 storm

Feds roll out new measures to help small, medium-sized businesses weather COVID-19 storm

Ottawa is increasing the payroll support for employers to 75 per cent
Federal farm loans of $500,000 are open to cannabis growers

Federal farm loans of $500,000 are open to cannabis growers

Farm Credit Canada confirms cannabis producers are considered farmers, and therefore eligible for short-term loans under $5 billion stimulus program

What you need to know about deferring mortgage payments

With more than a million Canadian homeowners trying to defer payments, many with little success, five mortgage brokers offer insight and advice
Federal government repackages EI support benefit for workers affected by novel coronavirus

Federal government repackages EI support benefit for workers affected by novel coronavirus

The Canada Emergency Response Benefit will provide workers with $2,000 a month for four months