CategoryFinance

Posted May 22, 20202 Comments Case study

How can we help?

As a follow-up to my previous post on Cash Flow, I wanted to dig deeper into how we can help, as well as the good and bad around some of the relief programs being offered.

First, How can we help? We are finding that many of our clients are able to save by refinancing their debts into one low payment.

Posted April 16, 20201 Comment Finance

Financial Outlook with Jean-Francois Perrault, Chief Economist Scotiabank

Following are the highlights from a telephone conversation with Jean-Francois Perrault, Chief Economist Scotiabank and John Webster, President and CEO Scotia Mortgage Corporation which took place on Thursday, April 9, 2020 at 4:30 p.m.

First, it’s not all bad news. While I’ll have to include some unpleasant information in order to provide a complete picture, that is not the focus.

What we know about government programs for COVID 19

Posted March 31, 2020 Finance

Government programs for support during COVID-19 – what we know so far

With government announcements coming daily it can be hard to keep up. Here is a quick summary of what we know so far and what is still being clarified.

Posted March 24, 20201 Comment Finance

Update from Goldman Sachs

There’s a document floating around the internet from Goldman Sachs. Have you seen it? It’s a private client summary regarding the coronavirus. 1,500 companies dialed in to this call.

For the record, Goldman Sachs has said the summary text was not authorized by them and it contains erroneous information which was not used during the call. Still, there seems to be a consistent message here. I wanted to share this with everyone because I do believe in much of what is being said. Have a read. It’s a summary but a bit lengthy. I strongly recommend reading the entire summary as the message in the end is positive and is in line with historically recovery patterns.