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financial


Canadians are embracing entrepreneurship, with more people exploring ways to transform their side hustles and passion projects into sources of income.

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Being a Desjardins member comes with lots of perks. One of these benefits is that when the financial cooperative makes surpluses at the end of the year, it shares part of them with its members in the form of member dividends.

If you're a member, you might have already noticed that Desjardins has deposited an amount into your accounts. That's your member dividend, and it's your share of the surpluses made by your caisse and Desjardins Group.

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Canada's 2021 budget included investing $4.1 billion into financial assistance for college and university students. Namely, Canada announced it would waive interest on all federal student loans until March 31, 2023, and double student grants for two more years.

However, Quebec is the only Canadian province that doesn't participate in federal student grant and loan programs — so where does that leave Quebec students? MTL Blog asked the province's Ministry of Education what financial support it's offering to Quebec students navigating the pandemic

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Even when we're not in the middle of a pandemic, managing personal finances is tough. But several local influencer accounts are using their social media platforms to inspire Quebecers with their personal financial stories and experience in everything from stocks to couponing to budgeting.

It's important to note, as ree2mz does on her website, that these accounts aren't offering financial advice and nothing they say is meant to be a recommendation. The content they offer is based on opinion and personal research. Keep in mind that you should always do your own due diligence.

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Movie-goers beware — as excited as you are that Premier François Legault has announced the reopening of cinemas across Quebec, movie theatres won't be allowed to sell popcorn or other concessions, sparking the great #Popcorngate scandal of 2021. 

There is, however, a bright side for cinema owners. Responding to backlash that Legault himself called "Popcorngate," the premier announced in a February 18 press conference that the government would compensate theatres to make up for the financial loss of closing concession stands.

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With the new year around the corner, many Montrealers are reflecting on this past year and are starting to think about any resolutions that they may have for 2021. For many, that likely includes speaking to a financial advisor for guidance when it comes to all things money-related.

Editor's Choice: Here's How Quebec Plans To Deal With People Who Still Gather At Christmas

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Way back in the day, if you wanted to plan out the purchase of a car, a house, an investment, or simply save money, a financial advisor or expert was the only way to go.

If you were really motivated, you might trek from bank to bank armed with documents, then return home to spend several hours analyzing all the options before trying to make the right decision. 

And although there's nothing wrong with doing that, navigating the world of finance does take a lot of meticulous planning, decision-making, and organization.

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In a press release from the Montreal police on December 1, we're told that "Criminals have taken advantage of the increase in online transactions since the beginning of the pandemic."

At the moment, the SPVM is warning of four major online scams: calls about your debit card, fake iPhones, buying pets online, and video game consoles sales. 

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In this city, there's a ton of opportunity — especially when it comes to education and career choices. In fact, there are so many options that it can be easy to feel a little confused. 

The good news is that, if business and management pique your interest, there's a route to professional fulfilment that stands out from the rest. 

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The pandemic has inflicted significant damage to Montreal's economy since the start of COVID-19 in March. To add to financial losses resulting from the cancellation of iconic Montreal events, a slew of iconic Montreal-based stores announced closures in 2020.

Although some of these brands continue to make their products available in online stores, many of them have shut the doors of their retail locations altogether or filed for bankruptcy.

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The Quebec government has announced new funding for businesses that serve alcohol on-site and have been forced to close down due to red zone closures in the province, according to an October 16 announcement.

These businesses include bars, restaurants, clubs, breweries and video lottery terminals. 

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