Dear Family, Friends and Clients,
In this update, we felt relevant to share some of the most recent measures put in place by the federal and provincial governments for individuals and businesses to offer financial relief in the context of COVID-19.
We are also sharing information about the measures taken so far by financial institutions to remove the financial burden for their clients.
Government of Canada
Coronavirus disease (COVID-19): Resources for Canadian businesses
https://www.tradecommissioner.gc.ca/campaign-campagne/ressources-entreprises-COVID-19-business-resources.aspx?lang=eng
CHMC
Government of Canada Announces Further Measures to Support Continued Lending to Canadian Consumers and Businesses
https://www.cmhc-schl.gc.ca/en/media-newsroom/news-releases/2020/measures-support-continued-lending-canadian-consumers-businesses
BDC
Support for entrepreneurs impacted by the coronavirus COVID-19
https://www.bdc.ca/en/pages/special-support.aspx?special-initiative=covid19
Government of Quebec
Mesures d'assouplissement pour les citoyens et les entreprises (available in French only)
http://www.fil-information.gouv.qc.ca/Pages/Article.aspx?aiguillage=ajd&lang=fr&idArticle=2803176195
Financial institutions
Most financial institutions are offering a six-month relief to their clients. For more details, read the section below.
DESJARDINS
COVID-19: Desjardins announces relief measures for personal and business members and clients
https://blogues.desjardins.com/press_release/2020/03/covid-19-desjardins-announces-relief-measures-for-personal-and-business-members-and-clients.php
NATIONAL BANK
COVID-19: National Bank to Offer Support to its Clients
https://www.nbc.ca/en/about-us/news/news-room/press-releases/2020/20200317-covid-19-la-bnc-offrira-des-mesures-de-soutien-aux-clients.html
BMO Bank of Montreal
BMO Bank of Montreal Announces Actions to Support the Well-Being of Clients, Team Members, and Communities
https://newsroom.bmo.com/2020-03-17-BMO-Bank-of-Montreal-Announces-Actions-to-Support-the-Well-Being-of-Clients-Team-Members-and-Communities
SCOTIA BANK
Scotiabank announces support for customers, employees and communities impacted by COVID-19
https://www.scotiabank.com/corporate/en/home/media-centre/media-centre/news-release.html?id=3511&language=en
TD
An update on COVID-19 and how we're ready to help
https://www.td.com/ca/en/personal-banking/covid-19/
Stay safe and be healthy,
Diane + Paul Laflamme
Royal LePage Village
514.715.4514
