winnipeg-free-press, May 12, 2020, Page 5
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Winnipeg Free Press

Tuesday, May 12, 2020

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Issue date: Tuesday, May 12, 2020
Pages available: 32
Previous edition: Monday, May 11, 2020
Next edition: Wednesday, May 13, 2020

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About Winnipeg Free Press

  • Publication name: Winnipeg Free Press
  • Location: Winnipeg, Manitoba
  • Pages available: 32
  • Years available: 1872 - 2025
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Pages 1 - 20 of the Winnipeg Free Press May 12, 2020.

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Winnipeg Free Press (Newspaper) - May 12, 2020, Winnipeg, Manitoba C M Y K PAGE A5 Over the last two months, we've spoken to millions of Canadians and small business owners. Many are facing fi nancial uncertainty, and there is anxiety about not knowing what might come next. We know it's been a challenging time, and we are working hard as your banks to bring you personalized and meaningful solutions to those who have been impacted. Helping Canadians with immediate relief With payment deferrals, we've freed up $4.6 billion in mortgage payments, plus deferrals on over $2.7 billion in credit cards and loans to date, to help millions of Canadians feel more secure and use their money where they need it most. We have also made $48 billion in additional credit available to businesses to help them stay operational and keep people employed. Personalized advice to ease uncertainty If you are experiencing hardship, we're here with one-to-one guidance to help navigate your options and fi nd the right solutions to get you back on your feet. We've also been assisting our clients with digital channels to bank from home, for more convenience and to keep them safer. Working closely with government To fulfi ll much needed federal support plans, we rapidly implemented direct deposit CERB payments to more than 2 million Canadians, and to date have facilitated more than 400,000 CEBA loans to help small businesses with $16 billion in much needed credit. Doing more for those who need it most Working with partners in the public and private sectors, we identifi ed communities most in need and followed up with signifi cant donations to support healthcare and local-based community organizations across Canada. Additionally, we have implemented practices to protect our clients and our frontline employees delivering essential banking services. We've been through challenging times before, and as this situation evolves, so will we. Canada's banking industry will continue to work to bring solutions to Canadians across the country. Together, we will get through this. If you are in need of advice and support, please reach out to your advisor who is ready to help. cba.ca/committed-to-canadians Committed to Canadians. Here's how. A_05_May-12-20_FP_01.indd A5 2020-05-11 3:20 PM ;