Marsolais said BDC will launch a mental health program sometime in the fall, likely October, for the 65,000 Canadian entrepreneurs who have direct relationships with the bank.
“The cost increases have gone through the roof and so that puts many of them into a loss rather than a profit,” Kelly said.Article content The Bank of Canada raised interest rates in response, and inflation now is hovering around four per cent. But that improvement came after the central bank increased the benchmark rate by 4.25 percentage points in the span of a year, and policymakers say they have no intention of lowering rates anytime soon.
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