Can I collect CERB if I ask to be laid off?
What businesses can do to prevent work-from-home burnout
With many Canadians now being forced to work in the same place where they live, some are feeling their professional lives heavily encroaching into their home lives. So what are companies to do? Workplace and mental health experts share their tips on how businesses can keep their employees’ work-life balance from being affected by the pandemic.
Online job postings make a comeback
Indeed Canada said earlier this week the number of new job postings on its web site have begun to rise, suggesting the plunge in new job listings may be plateauing. The bounce in new postings may be an indication that hiring intentions are coming back after the drop in employment amid the COVID-19 pandemic. To stay up-to-date on all hiring, layoff and furlough announcements, check out BNN Bloomberg’s COVID-19 jobs tracker.
Having portfolio panic? Take a five-year view
While market volatility whipsaws retirement portfolios, it’s hard for investors to avoid feeling anxious when watching their savings fall at the whims of pandemic developments. But Personal Finance Columnist Dale Jackson says it’s time for investors to take a step back and start taking a five-year view to help put financial goals in perspective.
Relief coming for students after lawmakers pass aid package
The federal government's $9-billion aid package for students passed the House of Commons on Wednesday. The financial support includes the Canada Emergency Student Benefit (CESB) program for students and recent graduates who are out of work. The government will also provide grants to students who volunteer throughout the summer to help fight COVID-19, and is freezing interest for six months on loans made through the Canada Student Loan Program. CTV’s Chief Financial Commentator Pattie Lovett-Reid breaks down each new measure and explains how to know if you qualify.
Ask BNN Bloomberg: Can I save my small business?
Many Canadians' lives have been turned upside down due to the COVID-19 pandemic. One group of the workforce that has had to get particularly creative is small business owners. Mas from Kelowna, B.C. says his business has completely shut down due to the virus, but he still has to find a way to pay rent, insurance and interest to the bank even though there's no revenue coming in. Mas says whether or not he is able to get financial aid may mean the difference between paying his bills or closing his business permanently. Barry Choi, personal finance blogger at MoneyWeHave.com, explains Mas's options.
"I would hope that investors would take a look at the structure of their portfolio ... If that income stream is still intact then there would be no reason for you to sell into this market weakness.”
-Kathryn Del Greco, vice-president and investment advisor at TD Wealth
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