“Canadian banks depend on a healthy economy,” Trudeau told reporters Tuesday. “And Canadians who are successful know that if we face extremely tough times, companies will suffer also.”
More than 300,000 out-of-work Canadians successfully applied for pandemic-related emergency relief in the first few hours after the application process began Monday, and Ottawa says it will soon change the rules to let hundreds of thousands more access the help.
BNN Bloomberg sets up the week ahead with what investors need to know.
Almost 500,000 Canadians have submitted requests for a mortgage deferral or to skip a payment after Canadian banks announced the option last month, according to the industry's trade association.
Dale Jackson looks at how advisors are stepping in to help investors during the COVID-19 pandemic.
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