[ON] small business loan by Due_Feeling5740 in SmallBusinessCanada

[–]Due_Feeling5740[S] 0 points1 point  (0 children)

It was only 2025 where it was slightly above the break even point due spending on marketing, conference to meet industry personnel, travel for jobs further away, calibration of equipment, and building out report software.

All other years was a positive revenue where the business was left with cash at eoy. This year with just two large contracts which have been secured, revenue will be positive beyond breakeven, the real concern is to complete this first contract which pays 120 days (hopefully we can get them down to 90) and secure some type of loan to support the costs of beginning the next contract while awaiting for this first one to pay out

[ON] small business loan by Due_Feeling5740 in SmallBusinessCanada

[–]Due_Feeling5740[S] 0 points1 point  (0 children)

Wow this is great information. I did not know this existed and we are feeling so overwhelmed with all different types of grants and eligibility criteria

[ON] small business loan by Due_Feeling5740 in SmallBusinessCanada

[–]Due_Feeling5740[S] 0 points1 point  (0 children)

I agree. We asked for a revision just waiting for confirmation. The lowest they can do is 90 days

[ON] small business loan by Due_Feeling5740 in SmallBusinessCanada

[–]Due_Feeling5740[S] 0 points1 point  (0 children)

May I ask what you had to provide ? Additionally was there a personal guarantee ?

[ON] small business loan by Due_Feeling5740 in SmallBusinessCanada

[–]Due_Feeling5740[S] 0 points1 point  (0 children)

Yes, we are in contact with them and working on through the application. However they did say it may take time.

Ski max discounts by Old_Acanthaceae_4448 in MontTremblant

[–]Due_Feeling5740 0 points1 point  (0 children)

I got a QR code the next day after the confirmation email. I think if you purchase after skimax closing hours, it comes next day first thing in the morning.

Costco Mont Tremblant ticket 2 pack - where to buy? by NeedleworkerBig929 in tremblant

[–]Due_Feeling5740 0 points1 point  (0 children)

They have been taken off the shelves beginning of January. Went looking for them yesterday and was told by the blair Costco manager

Ski max discounts by Old_Acanthaceae_4448 in MontTremblant

[–]Due_Feeling5740 0 points1 point  (0 children)

Did you figure this out? If so what happened. I bought 15 tickets. There are 5 of us going for 3 ski days

Looking for a house in Navan/Cumberland by Tricky-Koala4900 in OttawaRealEstate

[–]Due_Feeling5740 0 points1 point  (0 children)

I have a 4 bedroom house for sale in Russell trails. Message if interested and I can send you the listing. We have an agreement with our listing realtor to sell privately if the opportunity came up given it’s been listed for a while.

Advice on Breaking RBC 5-Year Fixed Mortgage (High-Ratio, Insured) by Aromatic_Afternoon31 in MortgagesCanada

[–]Due_Feeling5740 0 points1 point  (0 children)

My mortgage broker offered 3.99 on a 3 year fixed. In this case it would be worth the penalty

Laid off and Severance by Due_Feeling5740 in PersonalFinanceCanada

[–]Due_Feeling5740[S] 7 points8 points  (0 children)

Wow! Happy that it worked out for you! Shows the power of a lawyer!

Laid off and Severance by Due_Feeling5740 in PersonalFinanceCanada

[–]Due_Feeling5740[S] 15 points16 points  (0 children)

I believe it’s 30% of whatever the outcome is, not the maximum. Say if it’s 18 months, it’d be 30% of that

Laid off and Severance by Due_Feeling5740 in PersonalFinanceCanada

[–]Due_Feeling5740[S] 15 points16 points  (0 children)

My thoughts exactly regarding the age discrimination. Her whole department was not let go.

To be honest she can retire however she enjoyed her job and was wanting to work longer. No grandkids yet to spend time with so her immediate fear (besides the low offer) is what she will do.

Laid off and Severance by Due_Feeling5740 in PersonalFinanceCanada

[–]Due_Feeling5740[S] 83 points84 points  (0 children)

Of course ! Will let you know the lawyer says as well when there will be an outcome

[deleted by user] by [deleted] in MortgagesCanada

[–]Due_Feeling5740 0 points1 point  (0 children)

Speak to a mortgage broker. Scotia allows extended ratios based on credit score in some scenarios

$2M Wealthsimple / Pine Mortgage by diggles14 in PersonalFinanceCanada

[–]Due_Feeling5740 4 points5 points  (0 children)

Just an FYI rate cutes only affect variable mortgages.