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From Setback to Comeback: Smart Loan Options and Credit Repair for Canadians

Bad credit can feel like a locked door in your financial life, but it doesn’t have to stay that way. In Canada, there are practical steps you can take to access funding while rebuilding your credit score. 1. Explore the Right Loan Options Even with a low score, you may qualify for: Debt consolidation loans – Combine multiple high-interest debts into one lower-interest payment, making it easier to manage and potentially saving you money on interest. Secured loans – Use collateral, such as a vehicle, to reduce lender risk and improve your approval odds. Alternative lenders – Some focus more on your income and repayment ability than your credit history. 2. Improve Your Credit Score Over Time Pay bills on time – Payment history is the single biggest factor in your score. Lower your credit utilization – Aim to use less than 30% of your available credit. Avoid unnecessary credit applications – Too many hard inquiries can hurt your score. Make extra payments when possibl...
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Canada and Greece Strengthen Ties: Prime Minister Trudeau Hosts Greek Counterpart

 

Today, Prime Minister Justin Trudeau welcomed the Prime Minister of the Hellenic Republic, Kyriakos Mitsotakis, to Montréal. The occasion? Greek Independence Day, a celebration of freedom, resilience, and shared values.

Canada and Greece share a deep-rooted history. Our common commitment to democracy, human rights, and the rule of law has forged an enduring friendship. As NATO Allies and transatlantic partners, we stand shoulder to shoulder, advancing international peace, security, and development.

Climate change knows no borders. Together, we pledge to tackle its impact through the NATO Climate Change and Security Center of Excellence in Montréal. We’ll work to make countries more resilient, addressing crises like climate change, biodiversity loss, and pollution.

Canada applauds Greece’s recent legalization of same-sex marriages. We reaffirm our commitment to supporting LGBTQ rights at home and around the world. Additionally, we collaborate on Women, Peace, and Security initiatives.

The Canada-EU Comprehensive Economic and Trade Agreement (CETA) has opened doors for Greek and Canadian businesses. Since its provisional application in 2017, trade between our nations has grown by 80%. We see immense potential for further growth in sectors like aerospace, defense, security, professional training, and tourism.

In a significant move, Greece and the Canadian Commercial Corporation signed an agreement for Greece to acquire seven state-of-the-art DHC-515 firefighting aircraft. These planes will combat devastating forest fires that increasingly ravage Southern Europe. This collaboration exemplifies our dynamic trade and economic partnership.

As we deepen our friendship, let us continue working together to promote peace, stability, and prosperity worldwide.


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