Barrie | Member News

GOVERNMENT RELIEF ANNOUNCED FRIDAY MARCH 27TH + PRIME RATE BEING LOWERED AT BANKS

If you have not been able to follow updates: Check in with https://www.growvantage.com/resources-during-covid-19/

  • 75% Wage Subsidy Announced

  • New Small Business Loan up to $40,000 with first interest-free year and possible loan forgiveness

  • Service Centres closed in-person – available by telephone

  • Prime lending rates reduced to 2.45% effective March 30th for TD, CIBC, Scotia (Patricia: likely that will mean all big banks)

Patricia Dent

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