As of late 2024, the Canadian dollar, affectionately known as the “loonie,” has hit a low not seen in over four years, trading at approximately 72 cents to the US…

The pharma industry, a critical pillar of the global economy and healthcare system, has seen dramatic shifts in the last few years. It reached unprecedented heights during the COVID-19 pandemic…

When businesses face financial distress, they often need to explore restructuring options that can help them navigate difficult times and return to profitability. Two common routes for restructuring are an…

It’s not the news that business leaders were hoping for but the failure of negotiations last night marks the start of an unprecedented Canadian rail shutdown. The two largest railways;…

Madagascar, the fourth largest island in the world, located off the southeastern coast of Africa, has experienced a period of economic growth in recent years that is gradually positioning it…

In June 2024, the Canadian labour market witnessed a surprising development with the loss of 1,400 jobs, marking a rare contraction to a trend of adding to the number of…

Equipment financing refers to finance that is used to loan or lease a tangible business asset other than real estate. Examples of tangible assets could be technological equipment, vehicles, office…

The Canadian interest rate cut on June 5th, 2024, marks a significant policy shift with broad implications for the economy, particularly for small and medium-sized enterprises (SMEs). This move by…

The International Monetary Fund (IMF) predicts resilient global economic growth in 2024 with a 3.1% increase in GDP. Whilst most regions are expected to see positive growth this year, some…

Effective financial management is crucial for the success of any business and a key component of this is proficient accounts receivable management. In this comprehensive guide, we’ll delve into the…

The financial landscape has witnessed a paradigm shift with the emergence of multiple alternative finance providers over the past decades. These providers offer several viable alternatives to bank financing for…

In the dynamic landscape of business ownership, the desire to expand a business is a common strategic goal for entrepreneurs looking to reach new heights, tap into fresh markets and…

There’s no doubt, being in the food and beverage manufacturing industry at this point in time is tough. It was never an industry for the faint-hearted, competing with established big…

If your business is experiencing severe financial challenges and considering filing for bankruptcy, all may not be lost as there is a special type of financing meant for businesses that…

Staffing factoring essentially refers to invoice factoring when used by a staffing company. Factoring for staffing companies, whilst the specific terms and advances of the arrangement may differ, works just…