Eastport Financial Group is a small local business just like many of our clients. Like our clients we live and are raising our families in Nova Scotia. We work in Nova Scotia, and we are "Nova Scotia Strong" just like you. We are open and working hard for our clients and the communities they live and work in.
Last week the government announced the RRRF (Regional Relief Recovery Fund). Simply put, it is the local provincial cousin of the CEBA $40k loans provided last month. This initiative was created to support small businesses through the impact of Covid 19 that have been struggling to get the other support programs available or that have applied and received funding and are still in need of more support. It will provide short term working capital (up to 6 months) so businesses can meet current obligations.
Cy Korun discusses the current market and economic environment as we see it and provides some sound food for thought during these volatile times.
In the current state of affairs with vast amounts of content for the media to egregiously hype up it is sobering to take a step back, breathe, and find some facts and rational thinking which specifically in the below article are pertinent to business and economics.
We wanted to share this article published by Eventide Investments on understanding the difference between both bull and bear markets. It is important during this Covid-19 pandemic to understand and keep on top of the current and projected future market trends.