COVID-19’s severe impact on the economy is weighting liquidity access significantly higher in the consideration of any investment vehicle. Experts strongly advise against the disposition of well-structured but currently depressed investment portfolios today; as patience historically recaptures … [Read more...]
Continuing Employee Benefit Coverage & Premium Flexibility
Canadian insurance companies are striving to provide small businesses some flexibility in continuing benefits coverage to their employees Similar to many financial institutions, Canadian insurance companies recognize that we are living through the greatest social, economic and health challenge in … [Read more...]
Trust And The Family Enterprise
Who could have predicted or imagined only a few short months ago the place our world has entered? We will get to the other side of this and in no small part because, as has been demonstrated globally, the human spirit is indomitable. Björn Owen Glad wrote on March 27th, 2020 that “social … [Read more...]
Family Enterprises and the New World
Any family enterprise or privately held business came into being for a reason. Its founder(s) had an idea or a passion, an aptitude or skill for the deliverance of a service, thought or product. Generally every imaginable obstacle was put in its path: financial constraints, marketplace conviction, … [Read more...]
Government Continues To Listen
Prime Minister Trudeau today announced additional positive changes pertaining to increased flexibility in the Canada Emergency Wage Subsidy Plan and the Canada Summer Jobs program after concerns raised about small businesses and students falling between the cracks. For details please go … [Read more...]
Life Insurance Companies Demonstrating COVID-19 Flexibility
A combination of relaxed underwriting, enhanced digital channels and coverage extensions reflect measures being introduced by many Canadian Life Insurance companies. Certain large carriers are temporarily expanding their risk tolerance by relaxing certain underwriting requirements. Many carriers … [Read more...]
Further 75% Wage Subsidy details & Interaction with CERB
The Canada Emergency Wage Subsidy … [Read more...]
Perspective on Government of Canada deficits to fund COVID-19 Emergency Economic Relief, Stimulus & Deferrals
They’re World War deficit levels, but not the biggest or the baddest yet, writes Campbell Clark in the March 31st, 2020 Globe & Mail … [Read more...]
Government of Canada Listens
The Canada Emergency Wage Subsidy Increasing from 10% to 75% Wage Subsidies for qualifying businesses. This will greatly help businesses maintain payroll & employment with positive spinoffs for the economic recovery on the other side of the pandemic. Will cover 75% of salary on the … [Read more...]
Government introduces Canada Emergency Response Benefit to Help Workers and Businesses
Please find attached the Federal Government’s: Canada Emergency Response Benefit (CERP) legislation approved on March 25th ; intended to provide up to $1,800 month net to workers who have lost income to the COVID -19 pandemic for up to 4 months. Government introduces Canada Emergency … [Read more...]
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