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Budget s business supports welcomed by Mayor, but MP cites missed opportunities

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

Ottawa announces it will extend rent and wage subsidies into June

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

These are Mediacorp Canada s top diversity employers in 2021
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2020 Fintech Year In Review: Canadian Regulatory Developments - Technology

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

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