CEBA Loan due Jan 18, 2024. What To Do if You Can’t Pay?
What is Canada Emergency Business Account (CEBA) Loan? The COVID-19 pandemic lockdowns hurt a lot of small and medium-sized businesses across Canada that were struggling just to keep their lights on. Many businesses didn’t survive and went out of business. In order to help small businesses, the Canadian federal government… Read more »
What is Quantitative Easing?
Central bank buys long-term fixed income securities from banks in the public markets in order to increase the supply of money in an economy.
What is Deflation?
A decrease in the price of goods in an economy during a specific period of time. This price decrease increases the purchasing power of the currency.
What is Inflation?
Increase of the average price of a specific basket of goods in an economy during a specific period of time.