April 29, 2021 · 0 Comments
By ROB PAUL
Local Journalism Initiative Reporter
On April 19, Deputy Prime Minister and Minister of Finance Chrystia Freeland released the federal budget, “Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience.” With the ongoing COVID-19 pandemic, the focus of the budget was put on helping Canada bounce back as the country works to economically recover.
The themes of the budget were job creation, small business and growth, women and early learning and childcare, climate action and a green economy, and young Canadians.
“Budget 2021 is a plan to bridge Canadians and Canadian businesses through the crisis and towards a robust recovery,” said Department of Finance Canada. “It proposes to extend business and income support measures through to the fall and to make investments to create jobs and help businesses across the economy come roaring back. It will support almost 5
Statement by Deputy Prime Minister and Minister of Finance miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
The federal government announced today that the Canada Emergency Rent Subsidy and Canada Emergency Wage Subsidy will remain unchanged and be extended from March 14 until June 5, 2021. According to a press release from the Department of Finance Canada, the extensions are meant to provide certainty and continued support for workers and businesses. “Workers…
These are Mediacorp Canada s top diversity employers in 2021 theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
FINTRAC ) in December 2020.
6 RevoluGROUP has been
operating in Europe, where open banking is permitted, and is now
aiming to launch their banking app, RevoluPAY in Canada.
For more information on the development of open banking/CDF in
Canada, along with its risks and merits, please refer to our February 2019, July 2019, and February 2020 bulletins.
Payments Canada Modernization
On December 8, 2016, Payments Canada announced a multi-year plan to
modernize Canada s payment systems. This plan included
implementing real-time payment capability (
Real-Time
Rail ) and a new core clearing and settlement system
(
Lynx ) that would replace the current
Large Value Transfer System.
The payments modernization plan continued in 2020, as on June