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Foodtastic Secures Funding for Acquisitions

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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

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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

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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

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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

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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

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  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

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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

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OTTAWA — After nearly two years of miserable financial news, the Business Development Bank of Canada (BDC) has released some projections that will put...