The Highly Affected Sectors Credit Availability Program, or HASCAP, has been launched by the Canadian Government in an effort to provide financial support to businesses that have been hit the hardest by the pandemic. Eligible businesses can apply for aid as early as Feb. 1, 2021, at principal financial institutions, and more widely by Feb. 15, 2021.
HASCAP Guarantee available until June 30, 2021
The loans range between $25,000 and $1 million for single businesses, with the amount depending on the size of the operation. Companies with multiple locations, such as a chain of hotels or restaurants […]
Wondering about the changes to Employment Insurance (EI), Canada Pension Plan (CPP), Provincial Healthcare Plans and much more in 2021?
Click button to view/download our 2021 Bulletin PDF […]
For many businesses, key person life insurance is critical to their risk mitigation strategy. This type of insurance solution helps to reduce the financial hardship that may occur upon the death of an essential employee, such as a top salesperson. This was the case for one Lower Mainland business that set up a life insurance policy on a key person with 50% of the proceeds going to the company and 50% going to the employee’s spouse.
The policy had been in place for over 20 years and the original sales agent of the policy had since died. Our advisors […]
VANCOUVER, September 10, 2020 – Dehoney Financial Group, a leader in Group Benefits and Retirement consulting, is pleased to announce their partnership with Navacord Corp.
For over four decades, Dehoney Financial Group has provided a complete range of benefit and retirement solutions to businesses representing major sectors of the Canadian economy—all the while driven by a customer service philosophy that, quite simply, is to do whatever it takes to exceed customer service expectations.
By joining Navacord, we bring the best of two worlds together, local touch and national strength.
“Our customer service philosophy and business approach […]