Bell Officially Launches 5G Wireless Network in Toronto
byAnd in Montréal, Calgary, Edmonton, and Vancouver.
Business
All the business news you need to know in the GTA.
COVID Forced You to Work From Home? Here’s What You Can Write Off
bySome of your rent, mortgage, and hydro could be written off.
Canada’s Unemployment Rate Reaches Record High in May
byEven as 290,000 new jobs were added.
The Question of Having to Pay a Mortgage Penalty Isn’t If, It’s When
by“There are only two ways a Canadian avoids paying a mortgage penalty.”
Commercial Rent Assistance Now Open for Small Businesses
byTo keep small businesses in operation and more people employed as the economy reopens.
How Mortgage Applications Have Changed During COVID-19
byLenders are looking a lot more closely right now.
Shopify Closes Offices Until 2021 With Most Employees to Work Remotely Afterwards
by“Office centricity is over.”
Canada’s Mortgage Stress Test Good in Theory, But Should Be Better in Practice
byEven with upcoming changes expected to update Canada’s mortgage stress test, it remains an antiquated benchmark for the current market.
Ontario Lost Nearly 690,000 Jobs in April Due to COVID-19
byOntario’s unemployment rate climbed to 11.3% in April — its highest level since June 1993.
Fewer Canadians Seeking Debt Relief During COVID Crisis
byThough consumer insolvencies are expected to spike in the wake of the pandemic.