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Government of Canada COVID-19 supports

April 30, 2020

How to apply for the Canada Emergency Wage Subsidy (CEWS) If you own a business and employ workers that has been affected by COVID-19, you may be eligible for a subsidy of 75% of employee wages for up to 12 weeks, retroactive from Ma …

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How re-opening will be determined – a flicker of light at the end of a long dark tunnel

April 28, 2020

The province of Ontario has unveiled basic principles and conditions to the public which will be used to guide the incremental re-opening of the Ontario economy and society as we have effectively reached and will soon pass over the pe …

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How to help your community during COVID-19.

April 17, 2020

During the rapidly growing pandemic, it is important to see what we can do to help the community that we live in. Support Small Businesses: Small business owners are currently suffering. Show your support by donating to their busines …

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Housing hold firm against COVID-19

April 15, 2020

Housing in the GTA and southern Ontario is holding steady despite all of the pressure that the outbreak of COVID-19 is unleashing on our society. Hundreds of thousands of Canadians have taken advantage of the mortgage deferral program …

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Unemployment skyrockets in Canada

April 14, 2020

COVID-19’s impact on the Canadian economy continues to grow in intensity. On April 9th, unemployment figures for the first two weeks of March were released by Statscan. The numbers were powerful. Canada lost just over 1,000,000 …

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Wondering if you can still sell or buy a home during the spring market this year?

April 7, 2020

Tembo Financial is here to support you while selling your home. We understand the uncertainty of the market right now, however, homeowners are finding creative ways to list and buy new real estate. Many homeowners are creating new way …

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What the province is doing to fight COVID-19

April 3, 2020

The province has also released a large $17 billion program to fight COVID-19 and to help cope with its impacts. Most of the cash will go to the health system and to support businesses, roughly $10 billion of the full amount will be ad …

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COVID-19 and the housing market

April 1, 2020

We are all impacted by lay offs, long line ups at supermarkets, empty toilet paper shelves, working from home, or worse. If our own lives haven’t been completely shifted by the COVID-19 crisis, we know someone else who has. In t …

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Tembo Financial for Business Owners and Entrepreneurs

March 31, 2020

During uncertain times, Tembo Financial understands that businesses and personal matters may be affected. Many businesses are currently facing struggles that were unanticipated, and extremely sudden. Having to close, or operate fro …

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Stuck Inside?

March 30, 2020

Here is Tembo Financials list of what you can do while stuck at home! Puzzle: Puzzles are a great way to take up time while stuck inside at home. Take advantage of spring coming: With spring around the corner, make some time to get ou …

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What is bridge financing and how does it work?

March 24, 2020

In the simplest terms, bridge financing is a short-term lending option that helps homebuyers bridge the gap between their old and new homes. It is often a short-term solution for the buyer in order for them to arrange the mortgage fo …

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Getting a loan for a house deposit

March 23, 2020

Getting a loan for a deposit on a new home is very common. The equity or savings that many people do have for a deposit is tied up in their current home. Luckily, there is an option for you to get a loan and put a deposit on a new pur …

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