{"id":29532,"date":"2020-03-18T07:14:39","date_gmt":"2020-03-18T11:14:39","guid":{"rendered":"https:\/\/wawa-news.com\/?p=29532"},"modified":"2020-08-17T09:46:42","modified_gmt":"2020-08-17T13:46:42","slug":"canadas-six-biggest-banks-take-decisive-action-to-help-customers-impacted-by-covid-19","status":"publish","type":"post","link":"https:\/\/wawa-news.com\/index.php\/2020\/03\/18\/canadas-six-biggest-banks-take-decisive-action-to-help-customers-impacted-by-covid-19\/","title":{"rendered":"Canada&#8217;s Six Biggest Banks Take Decisive Action To Help Customers Impacted by COVID-19"},"content":{"rendered":"<p><span class=\"xn-location\">Canada&#8217;s<\/span> six largest banks today, March 17, 2020 announced plans to provide financial relief to Canadians impacted by the economic consequences of COVID-19.<\/p>\n<p>Effective immediately, Bank of <span class=\"xn-location\">Montreal<\/span>, CIBC, National Bank of <span class=\"xn-location\">Canada<\/span>, RBC Royal Bank, Scotiabank and TD Bank have made a commitment to work with personal and small business banking customers on a case-by-case basis to provide flexible solutions to help them manage through challenges such as pay disruption due to COVID-19; childcare disruption due to school closures; or those facing illness from COVID-19.<\/p>\n<p>This support will include up to a six-month payment deferral for mortgages, and the opportunity for relief on other credit products.<\/p>\n<p>Individual Canadians or business owners facing hardship are encouraged to contact their bank directly to discuss options that could be available to them.<\/p>\n<p>These measures are an important first step and underscore the resilience of <span class=\"xn-location\">Canada&#8217;s<\/span> financial system and the strength of our major banks. Banks will monitor evolving economic conditions and consider other measures if necessary.<\/p>\n<p><span class=\"xn-location\">Canada&#8217;s<\/span> banks have a long history of standing by Canadians through challenging times and this commitment will continue throughout this crisis and beyond.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada&#8217;s six largest banks today, March 17, 2020 announced plans to provide financial relief to Canadians impacted by the economic consequences of COVID-19. Effective immediately, Bank of Montreal, CIBC, National Bank of Canada, RBC Royal Bank, Scotiabank and TD Bank have made a commitment to work with personal and small business banking customers on a &#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-29532","post","type-post","status-publish","format-standard","hentry","category-provincial"],"publishpress_future_action":{"enabled":false,"date":"2026-04-26 03:33:31","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/29532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/comments?post=29532"}],"version-history":[{"count":1,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/29532\/revisions"}],"predecessor-version":[{"id":29533,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/29532\/revisions\/29533"}],"wp:attachment":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/media?parent=29532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/categories?post=29532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/tags?post=29532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}