MRE Financial Services
335 Hoffer Drive S4N 6E2 Regina, SK, Canada

As of February 1, Canadian businesses--particularly those in travel, tourism, hospitality and arts sectors--which have been heavily impacted by the pandemic can access guaranteed, low-interest loans of $25,000 to $1 million. The funds are guaranteed by the Canadian government through the BDC. Reach out to your primary lender at your banking institution or find more information here: https://www.bdc.ca/en/special-support/hascap

After this terrible, horrible, no good, very bad year, is it worth summoning the energy to think of goals? David Dozois, a professor of psychology at the University of Western Ontario, thinks so.

Here's an excellent summary of Canada's 2020 Fall Economic Statement, with updates to many of the COVID-19 measures taken by the Federal Government. Curtesy of Virtus Group, Chartered Professional Accountants & Business Advisors LLP. https://virtusgroup.ca//n/canadas-fall-economic-statement/

It's World Kindness Day -- and 2020 could use a boost -- so let's turn Friday the 13th around with some simple acts of kindness. Not only will you make someone else feel great , but you might be surprised how great your act of kindness makes you feel

To those who serve, past and present.

Parents and caregivers, pay attention to the new Canada Recovery Caregiving Benefit (CRCB). The CRCB will provide a $500-per-week taxable benefit for up to 26 weeks if an individual misses work to care for a family member due to Covid-19. This includes parents who have to miss work due to their childs school closing or going to remote learning due to Covid-19. Heres a great article summarizing the three new government benefits now that CERB is ending. https://www.investmentexecutive.com//jami/after-the-cerb/(CRCB,%2C%20beginning%20on%20Sept.%2027.

My three reasons for everything I do...

Top stories on BNN today include some positive news with Johnson & Johnsons COVID vaccine trial. Moving forward with human trials now.

Additional COVID 19 financial support for seniors to be received this week. "Seniors eligible for the Old Age Security (OAS) pension, the Guaranteed Income Supplement (GIS), or Allowances will receive a one-time, tax-free payment this week from the federal government, without needing to apply"

This article is a short, interesting read. It highlights how things have changed, may continue to change and how this market is different from other recessionary markets. For example, the article goes on to state, consumer products such as RVs, Seadoos, snowmobiles and ATVs, which might normally be very weak under recessionary conditions, in this new self-isolation/social distancing world consumers and investors alike are seeing the appeal of leisure activities which are allowed to be done privately or in isolation. And share prices are reflecting this. As the article points out, the share prices of RV makers Thor Industries and Winnebago are up 209% and 212% respectively from their March lows.

Wishing everyone a fun-filled, safe Canada Day!

How might the coronavirus pandemic change how we think about retirement? If youd like to review your retirement plan, reach out.

Many of us are looking for new ways to save a few extra bucks these days. Heres a site we love to share (mymoneycoach.ca) and 12 ways to save on something we all spend money on...Groceries! https://www.mymoneycoach.ca/saving-money/saving-on-groceries

Laugh of the day, courtesy of our friend Ed N.

Perspective... viewing your investments through a 5-year lens can help you find some much needed perspective. What appeared to be the absolute worst time(s) to invest...wasnt. Share this with your friends. They could probably use some perspective right now too. https://www.bnnbloomberg.ca/ease-portfolio-panic-by-taking-

For many family-business owners, passing on the business to the next generation can be as challenging as starting the business in the first place. Here are 5 tips to a smoother transition to the next generation: 1. Communicate early and clearly to the next generation 2. Start Planning Early, dont wait until you think youre ready 3. Create a clear, written transition plan... 4. Figure out whats next in life at least 3 to 5 years before transitioning 5. Dont hang on when its time to let go Heres a great article from the Wall Street Journal on The Tricky Task of Handing a Family Business to the Next Generation, read here: https://www.advisorstream.com//tricky-task-handing-famil/

Happy May the 4th

Excellent Q&A from BNN Bloomberg. Real life questions from students, seniors, small businesses dealing with the current financial reality and COVID19 financial resources.

A little homeschool project courtesy of Megan and my girls Happy Earth Day!

Please share -- someone you know, your neighbour, your parents, might be one of the people mentioned below, looking for answers. If anyone out there in Facebook... land is a retiree with PEPP OR was planning to retire in the next year or so AND are a PEPP plan member, you might have questions like: - do I need to make any adjustments to my investment portfolio right now? - how does this current environment affect the income Ive been drawing? Should I change it? Do I need to? - what does this market mean to my retirement income? - am I going to be okay??? MESSAGE ME. Im answering a lot of questions right now for people just like you and im offering my help to you as well. You dont have to be an existing client. Were all in this together. Wishing you all the best -- youll get through this. With a little help you can come out even stronger on the other side.