Canada’s largest banks and credit unions plan to start offering government-backed loans to small businesses by next week, speeding up the rollout of the new lending program under pressure to deliver quick support to business owners.A plea from a small-business owner: Without immediate rent help, I will drown
I own four restaurants and a bar in downtown Toronto. Usually, April 1 would mean I’d be sending five rent cheques to happy landlords. But in the grips of the COVID-19 crisis, I’m not sending anything.Aviva Canada CEO Jason Storah says the insurance company will “stand by" its pandemic coverage for dentists who followed provincial orders to close down their practices because of the outbreak of COVID-19.
Many Canadian companies are keen to tap into the federal government’s business credit availability program, created this month to provide emergency financing to businesses affected by COVID-19. But entrepreneurs in the cannabis sector and bar owners are among those discovering they may not be eligible for BCAP’s loans.
GlobeSmallBiz Why is the carbon tax increase on April 1 not being reversed. Why is the media not talking about the carbon tax increase