Category Archives: Main Page

Rock bottom rates are the disease not the cure

Posted on October 8, 2020 by Danielle Park

A new study from the Business Development Bank of Canada finds that 76% of the small and medium-sized Canadian businesses surveyed saw a decline in revenue and profits in 2020.  Nearly half laid off staff, while about 39% of entrepreneurs … Continue reading →

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Ottawa to declare petro-plastics toxic to health–because they are

Posted on October 7, 2020 by Danielle Park

Today, Canada’s federal government is expected to release a list of banned single-use plastic items and a plan to designate plastic a toxic substance–defined under CEPA as those that cause, or may cause, immediate or long-term harm to the environment, … Continue reading →

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Canadian household insolvency deferred but growing

Posted on October 7, 2020 by Danielle Park

Douglas Hoyes, licensed insolvency trustee and co-founder of Hoyes, Michalos & Associates, joins BNN Bloomberg to provide his forecast for Canadian insolvencies. He notes, a second wave of COVID-19 and taxes due on CERB benefits could result in a gradual … Continue reading →

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