financing
New AG says office narrowing focus on federal COVID-19 programs
Will be on how prepared federal officials were for the pandemic, as well as key parts of the federal response.
Feds want equity or cash from companies applying for COVID-19 loan
Terms are designed to make sure companies using the program receive bridge loans, not bailouts.
More financial support for businesses navigating COVID-19 crisis
Expanded Business Credit Availability Program supported by Export Development Canada.
Manufacturers plan for uncertain cash flow in 2020
… but 30% of SME survey respondents had challenges with managing cash flow.
Manufacturers plan for uncertain cash flow in 2020: survey
Rising costs and currency fluctuations, getting paid on time identified as top concerns.
Tesla stock is soaring. Madness or visionary investing?
Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year
Brookfield unit leads investment in Brazilian heavy equipment manager Ouro Verde
Total value of deal is US$170 million. Transaction expected to close by year end.
Bank of Canada widely expected to get back on its rate hiking path
Bank of Canada governor Stephen Poloz hasn’t touched the rate since he increased it in January, a move that followed increases last year in September and July.
Statistics Canada says the pace of economic growth slowed in first quarter
Economy grew at annualized pace of 1.3 per cent in Q1 2018, compared to 1.7 per cent in Q4 2017.
Feds bolster BDC’s ability to provide more capital to clean tech companies
Funding will allow the bank to take on more risk so high-potential clean tech firms can expand and hire additional staff.
BDC Capital commits $250M in growth equity for smaller firms
Directed at businesses across Canada that have at least $5 million to $10 million in revenue.
BDC announces $280M in financing to support Atlantic SMEs
Canadian companies having trouble obtaining financing for investment projects.
EDC launches new online credit insurance
Trade Protect allows small companies to insure their foreign sales in minutes.
Crowdfunding turns Canadian firms into booming international businesses
The platform is becoming an increasingly real growth strategy.
Need financing for export business deals?
Here are two ways to access more of it immediately.
