The first-time homebuyer incentive has been discontinued by the Canada Mortgage and Housing Corporation (CMHC), the federal agency announced on Thursday. The deadline for new or resubmitted applications to the program is midnight ET on March 21, 2024, according to the CMHC’s website. Launched in 2019, the plan was meant to help reduce monthly mortgage payments … Read more
Some small business owners in Canada are asking for the federal government to reckon with the challenges they face as they confront a looming deadline to repay a portion of emergency government loans issued during the pandemic. Businesses face a Jan. 18 deadline to pay back up to $60,000 in loans received through the Canada Emergency Business … Read more
With a major deadline to repay a pandemic era loan on the horizon, Rod Castro says he feels like he’s performing a “juggling act” while trying to figure out the best way forward. “I haven’t written myself a paycheck or cashed a paycheck in about three months,” he told CBC News. “Right now, all we’re doing … Read more
With a major deadline to repay a pandemic era loan just over a month away, one small business owner says she’s only now being told she was never eligible for the money in the first place. The Canada Emergency Business Account (CEBA) was introduced at the height of the pandemic to help out small businesses … Read more
