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June 2, 2020
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TOP NEWS
 
Global News Interview RSP Small Biz
GLOBAL NEWS
 

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With businesses across Canada being given the green light to reopen, access to capital might be necessary to start or save your business. Craig Skauge, president of Olympia Trust Company and founder of the RSP Small Biz website sat down with Global News to chat about how every day Canadians can access capital through RSPs.

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SpaceX, NASA launch spacecraft into orbit in historic mission
GLOBAL NEWS
 

SpaceX made history on Saturday after its Crew Dragon spacecraft lifted off for the International Space Station (ISS) with two NASA astronauts in tow.

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Putin and Trump discussed G7 summit, oil markets in call -Kremlin
NATIONAL POST
 

U.S. President Donald Trump told President Vladimir Putin in a phone call on Monday about his idea of holding an expanded Group of Seven summit later this year with a possible invitation for Russia, the Kremlin and the White House said.

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VBI Vaccines secures US $50M debt financing from K2 HealthVentures
PRIVATE CAPITAL JOURNAL
 

VBI Vaccines (NASDAQ: VBIV) secured debt financing facility for up to US $50M with K2 HealthVenture. The initial tranche of US $20M was used to fully repaid US $15M loan facility with Perceptive Advisors

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Canada Revenue Agency opens snitch line to information about federal COVID-19 aid program fraud
NATIONAL POST
 

The agency says it’s looking for information regarding people who are receiving either CERB or CESB who are ineligible, or businesses or charities that are 'misusing' the wage subsidy program.

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Ontario premier asking to extend province's state of emergency
CTV NEWS
 

Ontario Premier Doug Ford wants the province's state of emergency to be extended another 28 days.

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EVENTS
Educational Webinars & Workshops
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Educational Webinars & Workshops
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Please click here to see a personal video from Mike Lipkin!
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INDUSTRY NEWS
PM wants employers to re-hire, cites 'enormous financial pressure' being felt
CTV NEWS
 

Prime Minister Justin Trudeau used his 65th morning press conference to implore Canadian businesses to re-hire their employees, noting that while the COVID-19 pandemic turned lives “upside down,” seeing as many Canadians back to work as possible will be key to Canada’s economic recovery.

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Canada's economy shrinks 8.2% in first quarter, worst showing since the financial crisis
FINANCIAL POST
 

Canada’s economy shrank the most since the 2008-09 financial crisis, marking the beginning of what’s expected to be the deepest contraction of the post-war era.

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New owners of Torstar face financial, political challenges
OTTAWA MATTERS
 

With sheer optimism and a considerable amount of uncertainty ahead of them, two Toronto businessmen with strong political ties are betting on returning the languished Torstar Corp.

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Canadian securities regulators remind issuers of importance of disclosure in financial reporting
NEWSWIRE
 

Given the significant impacts that the COVID-19 pandemic continues to have on Canadian public companies, the Canadian Securities Administrators (CSA) is reminding reporting issuers of the importance of disclosing high quality financial information to investors.

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OSC News Release: OSC continues to temporarily waive late fees for market participants due to COVID-19
ONTARIO SECURITIES COMMISSION
 

The Ontario Securities Commission (OSC) continues to temporarily waive late fees for market participants impacted by the COVID-19 pandemic. The extensions build on the temporary relief the OSC announced in April of this year.

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CSA News Release: Temporary relief from certain regulatory filings available to registrants and unregistered capital markets participants due to COVID-19
ONTARIO SECURITIES COMMISSION
 

The securities regulatory authorities in Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon (the participating jurisdictions) published temporary blanket relief for registrants and unregistered capital markets participants from certain financial statement and information delivery requirements, as a result of COVID-19.

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Coronavirus glimpse of oil demand disruption coming in not-so-distant future, warns Suncor CEO
FINANCIAL POST
 

The shift to electric vehicles and other low-carbon technologies could disrupt crude oil demand on a similar scale to the coronavirus pandemic, Suncor Energy Inc’s chief executive said on Monday.

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The case for private lending
MORTGAGE BROKER NEWS
 

As COVID-19 maintains its dominance over our news cycle, economy and collective psyche, private mortgages might not be top of mind for most brokers. 

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pcmacanada.ca | info@pcmacanada.ca | Media Kit
The opinions expressed in articles are not necessarily those of the PCMA and MediaEdge Communications. Information presented is compiled from sources believed to be accurate; however, the PCMA and MediaEdge Communications assumes no responsibility for errors or omissions.  It is not intended to provide investment advice as articles are not intended to provide legal, accounting or compliance advice as individual situations will differ and should be discussed with a lawyer, accountant, compliance, and/or other regulatory compliance professional.  

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