CMHC Expands Mortgage Buying Program to $150 Billion
byMore than 200,000 Canadians have already requested mortgage deferrals as of today.
Finance
How to Apply for EI and Other Coronavirus Emergency Funding
byIf you’ve lost work as a result of the coronavirus outbreak in Canada, here’s what to know.
Trudeau Announces $2000 a Month for Canadians Affected By COVID-19
byFor the next four months.
44% of Canadian Households See Job Loss or Reduction Due to COVID-19
byMore than half a million Canadians have applied for EI in the past week.
74% Canadians Experiencing Financial Stress Due to COVID-19
by30% of Canadians stressed enough to be losing sleep over it.
Ontario to Lower the Cost of Hydro for the Next 45 Days: Report
byTo offset the cost of all those working from home.
Should You Break Your Mortgage to Take Advantage of Lower Rates?
byCOVID-19 has created lower interest rates, but should you be interested?
EI Applications in Canada Up Nearly 2000% This Week Compared to Same Time Last Year
byThose who have been laid off or are unable to work because of the global pandemic can apply.
25% of Small Businesses Won’t Survive a Month if Income Drops by 50%
byA highly likely scenario during the COVID-19 outbreak.
Bank of Canada Lowers Key Interest Rates in Response to Economic Shock from Coronavirus Outbreak
byIt’s been lowered to 1.25%.