S Finance
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Bank of Canada announces successful launch of standing term liquidity facility
The Bank of Canada announced today that it successfully launched its new Standing Term Liquidity Facility (STLF). “Given the current challenges in funding markets, the Bank of Canada encourages Canadian financial institutions to use the STLF to support the liquidity needs of their clients,” said Governor Stephen S. Poloz. The STLF is one of several […]
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Prime Minister announces support for vulnerable Canadians affected by COVID‑19
March 29, 2020 During the global COVID-19 outbreak, the Government of Canada is working hard to help Canadians, including our youth and seniors. Over the last week alone, we have announced major new supports for families, for workers, and for businesses. But even with this extra help, people are facing a tough situation. And, for […]
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Bank of Canada lowers overnight rate target to ¼ percent
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. This unscheduled rate decision brings the policy rate to its effective lower bound and is intended to provide support to the Canadian […]
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Summary of Deliberations of Governing Council, March 13, 2020
March 17, 2020 It is customary for the Bank to provide a summary of the deliberations of Governing Council after each interest rate decision. This takes the form of an opening statement at the meetings when we publish an MPR, or a public speech the day after meetings for which there is no MPR. Governing […]
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Coordinated Central Bank Action to Enhance the Provision of Global U.S. Dollar Liquidity
From: Department of Finance Canada March 13, 2020 – Ottawa, Ontario – Department of Finance Canada The health and welfare of all Canadians is a priority for the Government of Canada. The Prime Minister, Justin Trudeau, has outlined Canada’s whole-of-government response to COVID-19 across the country, including new investments to respond in Canada and around […]
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Advisory Council for the next $5 bank note
Meet the Advisory Council who will develop the short list of iconic Canadians. On March 9, 2020, the Bank of Canada announced the members of the independent Advisory Council who will develop a short list of iconic Canadians who could be featured on the next $5 bank note. They have committed to a comprehensive evaluation […]
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Statement of G7 Finance Ministers and Central Bank Governors
We, G7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease 2019 (COVID-19) and its impact on markets and economic conditions. Given the potential impacts of COVID-19 on global growth, we reaffirm our commitment to use all appropriate policy tools to achieve strong, sustainable growth and safeguard against downside […]
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Request for Proposals for and AFOA Canada Tax Filing & Benefits Training
REQUEST FOR PROPOSALS FOR AND AFOA CANADA TAX FILING & BENEFITS TRAINING AFOA Canada is offering tax clinics to Indigenous communities and organizations across Canada. These tax clinics train individuals to be able to complete both simple tax returns through various means and help people navigate the benefits and credits they are able to receive […]
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NADF: Free Business Information Sessions – Entrepreneurship, Grants, Loans and Business Planning
Who Should Attend? Future or existing business owners and anyone with a business idea. February 5 – Northern College, Moosonee Campus, Moosonee First Nation, ON Sessions: Afternoon 2pm – 4pm | Evening 6pm – 8pm February 6 – EPR Centre, Moose Cree First Nation, ON Sessions: Morning 10pm – 12pm | Afternoon 2pm – 4pm […]
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Trichome Financial Continues to Grow and Diversify Its Loan Portfolio
C$6.7 million secured loan to Heritage Cannabis Holdings Corp. US$2.0 million secured loan to Cresco Labs Inc. TORONTO, Feb. 3, 2020 – Trichome Financial Corp. (the “Company” or “Trichome Financial”) (CSE: TFC) is pleased to provide an update on its lending activities as it continues to build a diversified portfolio of income-generating secured loan transactions across […]
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