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Canada

EDC reports rise in first quarter business

Canada's export credit agency the EDC's combined financing and insurance volumes reached C$17.4 billion for the first fiscal quarter of 2009, an increase of nearly C$1bn over the same period in 2008. (more…)

Demand for EDC financing and trade insurance rises

The economic slowdown and resulting credit crunch have boosted demand for financing and trade insurance at Export Development Canada, the…

#exporters#management#risk management


Broadway producers convicted of fresh air invoicing

Creative invoicing helped to keep Canadian Broadway production afloat. (more…)


Canadian wholesale volume falls for the fifth time in...

Canadian wholesale sales declined 4.2% to $41.1 billion in current dollars in January, Statistics Canada reported on Wednesday. (more…)

#Two


Budget offers a $70bn credit kickstart

The federal government is extending its reach into Canada's financial system in a bid to support banks and borrowers, making…

#bank#exporters#financial institution


Credit squeeze feeds through supply chain

A rising number of businesses are reporting more difficulty getting credit at terms and prices they can accept (more…)

#bank#exporters#guarantees


Budget to ease credit woes

Canadian Finance Minister Jim Flaherty has announced he may use his budget later this month to help ease tight credit markets and…

#bank#banks#Boost


Accord announce 15% increase in third quarter earnings

Accord Financial Corp., a leading North American provider of factoring and other asset-based financial services to businesses has announced its…


Bibby Financial provides facilities to two companies

Bibby Financial Services has provided a $1.5m credit facility to a cable communications company in western Ontario. (more…)

#bank#financial services#Flexible Funding


SMEs outperform Canadian economy

A report by one of Canada s leading banks has revealed that SMEs have outperformed the Canadian economy over the last 12…


Transportation Software Company launches reward program

The Transportation Software Company (TSC) has launched a rewards program that provides factoring customers with a discount towards Dispatch-Mate operations…


Low growth prospects for Canadian factors

For the third consecutive year, the Canadian factoring industry in 2007 recorded a reduction in volume. The non-recourse factors volume…

Former real estate agent sentenced for factoring fraud

Real estate agent Raymond Joseph Laprise was sentenced Monday, having been convicted in February for defrauding factoring companies in order to secure…

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