by Financial Tech Tools | Mar 25, 2020 | 2020 Only, Blog
$2,000/month for 4 months – Canada Emergency Response Benefit to help workers and businessesTo support workers and help businesses keep their employees, the government has proposed legislation to establish the Canada Emergency Response Benefit (CERB). This...
by Financial Tech Tools | Mar 20, 2020 | 2020 Only, Blog
What are EI benefits for those quarantined with COVID-19?Employment Insurance (EI) sickness benefits provide up to 15 weeks of income replacement and is available to eligible claimants who are unable to work because of illness, injury or quarantine, to allow them time...
by Financial Tech Tools | Mar 19, 2020 | 2020 Only, Blog
We know that clients have questions about the Federal government’s economic response plan, we have included a summary of the information below for business owners, employees and other support that’s available. Please don’t hesitate to contact us....
by Financial Tech Tools | Mar 18, 2020 | 2020 Only, Blog, investment
On March 18th, the Prime Minister, Justin Trudeau, announced a further $82 billion in support including $27 billion in direct support for Canadian workers and businesses. This is in addition to the $20 billion announced days earlier which includes $10 billion...
by Financial Tech Tools | Mar 16, 2020 | 2020 Only, Blog, investment
On March 13th, the Prime Minister, Justin Trudeau, outlined Canada’s response to COVID-19 including new investments to help protect Canadians and businesses. The total value of the aid package could be up to $20 billion across the country which includes $10...
by Financial Tech Tools | Mar 3, 2020 | 2020 Only, Blog, investment
Over the last week, the financial market has taken a downturn amidst fears over Coronavirus. The S&P 500 had its worst weekly drop since the financial crisis in 2008, after setting all-time highs the prior week.* Understandably, investors are anxious about their...