Tag: Business Development Bank of Canada
Foodtastic Secures Funding for Acquisitions
MONTREAL — Foodtastic Inc. has closed a $175-million revolving debt facility to fund acquisitions.
The lending group is led by National Bank of Canada and...
Federal Government Launches Highly Affected Sectors Credit Availability Program
OTTAWA — The federal government has launched the Highly Affected Sectors Credit Availability Program (HASCAP), which will provide financial support to businesses that have...
Supportive Measures: a Look at Federal Support Offerings
Many changes and additions have been made to the federal government’s COVID-19 Economic Response Plan since it was originally announced in mid-March.“We’re going to...
Restaurant Industry to Have Access to $40 Billion in Support
TORONTO — According to an announcement Sunday by Michael Denham, CEO, Business Development Bank of Canada, Canadian bars, restaurants and lounges will have access...
Prime Minister Announces $82 Billion in Aid Amidst COVID-19 Pandemic
OTTAWA – Yesterday, Prime Minister Justin Trudeau announced a new set of economic measures to help stabilize the economy. These measures, delivered as part...
Week of Nov. 29, 2010
Conference Board Predicts Profit Rebound in Foodservice and Hospitality The foodservices, accommodation and retail sectors are expected to see a strong profit...
Back in Business
OTTAWA — After nearly two years of miserable financial news, the Business Development Bank of Canada (BDC) has released some projections that will put...
Back in Business
OTTAWA — After nearly two years of miserable financial news, the Business Development Bank of Canada (BDC) has released some projections that will put...