Business Borrowing & LendingEntrepreneurs

BDC to increase support to Canadian oil and gas sector companies

MONTREAL, QC–As part of a Team Canada response to the COVID-19 crisis, the Government of Canada, through BDC, Canada’s bank for entrepreneurs, and Export Development Canada (EDC) will make available additional financial capacity to help support Canada’s oil and gas sector. The commercial support, being developed by BDC and EDC, …

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Corporate AcquisitionsEntrepreneurs

TSG Announces Acquisition of PerfectMind

PerfectMind is the leader in the Parks and Recreation market in North America BURNABY, BC–TSG, an Advent portfolio company and leading global provider of business management software, integrated payments, and value-added services to the Health and Fitness, Childcare and Education, and Boutique markets, today announced that it has acquired PerfectMind …

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Business BankingEntrepreneursMarket Research

CFIB Survey asks “Where do Canada’s small businesses bank?”

RBC, Scotiabank remain the most used banks by entrepreneurs, but smaller institutions gained ground TORONTO, ON–With a market share of 20 per cent, Royal Bank of Canada continues to be the most used bank by small and mid-sized businesses while the smallest businesses, those with fewer than five employees, primarily …

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Business BankingEntrepreneurs

CIBC adds 200 specialized advisors, new technology to support Canadian entrepreneurs

TORONTO, ON–CIBC added more than 200 business banking specialists in the last 18 months in support of its relationship-based strategy that focuses on helping business owners achieve their ambitions. In addition to expanding its dedicated business advisory teams, CIBC has equipped its advisors with market-leading tools to support entrepreneurs at …

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