Important News From the BDC Amidst COVID-19 Pandemic

Dear valued clients,

The COVID-19 (coronavirus) situation is constantly evolving and affecting the lives of our community and we want to keep you up-to-date. Prasad & Company LLP would like to inform our clients that the Business Development Bank of Canada (BDC) has sent out a message regarding the current situation offering their additional support to help you and your business get through this challenging time.

Contacting the BDC for Additional Support

To discuss the relief measures that the BDC has implemented, please contact your BDC account manager. You can inquire if your business is eligible for principal payment postponements at this time. You may also use the BDC’s Advisory Services for support in reviewing your financial management and operations. Please note that due to the high volume of calls, the BDC is working hard to increase its capacity.

Accessing the BDC Information Online

While BDC business centres are closed, their employees are available to you online. You can access your Client Space account via BDC.ca for financial requests and to speak with your account manager. This Client Space is available 24/7 and can be accessed via BDC.ca.

Updating Entrepreneurs with Information

The BDC has created an information hub about COVID-19 for entrepreneurs. The website will be regularly updated with financial solutions and other tools to help you during this difficult time.

The health of everyone is our highest priority. We are closely monitoring the situation and working hard to provide our clients with important updates.
Prasad & Company LLP is committed to helping our clients get through this challenging time and help everyone emerge stronger.

Thank you for your trust and support.

Stay safe and healthy,

Pramen Prasad, CPA, CA, CMA

Managing Partner Prasad & Company LLP