2020-APR-17 ~ FM 105.9 ~ Notes
Ah Scotia Bank already can let you reduce your Credit Card rate temporarily for 3 months from 20+% to 10.99%
本國銀行為客戶提供的舒困措施 — Apr 15, 2020 (ON)
Posted by OMNI 都市聚焦 Focus Cantonese on Wednesday, April 15, 2020
Trudeau expanding business loan program, working on rent supports
The Canadian Emergency Business Account will now provide up to $40,000 in government-guaranteed loans to businesses that had payrolls last year between $20,000 and $1.5 million. It previously offered loans to business with a narrower range of payrolls, between $50,000 and $1 million.
Since the loan program was launched last month, Trudeau added, businesses have taken out 195,000 loans worth a total of $7.5 billion. The loans are interest-free until Dec. 31, 2022 and if they’re paid off by then, up to 25 per cent of the total will be forgiven.
Canada Emergency Commercial Rent Assistance program will help small businesses cover their rents for April, May, and June
Prime Minister announces additional support for small businesses
April 16, 2020
Expanded COVID-19 benefits to include part-time and seasonal workers: Trudeau
Seasonal workers and those who have recently run out of employment insurance will now be eligible for CERB. And people who make less than $1,000 a month due to reduced work hours will also qualify.
“Maybe you’re a volunteer firefighter, or a contractor who can pick up some shifts, or you have a part-time job in a grocery store,” Trudeau said. “Even if you’re still working, or you want to start working again, you probably need help making ends meet.”
Posted: Wednesday, April 15, 2020 14:42
Canadian banks ease credit rules for energy companies to stave off defaults, bankruptcies
Talking points for radio: