Business Media Publications in Canada

There are plenty of business media journals and magazines to learn more about current trends, research in the field, news, and other business-related pieces of news.

Canadian Business Journal

One of the leading business-oriented journals in Canada, it features editorials, business and company news, and news on manufacturing, healthcare, food and beverage, finances, and energy and resources. The list of covered topics also includes education, construction, communications, automotive, and agriculture. The journal also covers topics from the field of supply chain and logistics, sports and recreation, services, retail, and associations and unions.

Canadian Business

A bi-weekly magazine, this is actually the oldest Canadian business-oriented media which is based in Toronto. The magazine publishes rankings, news about real estate, financial assistance offered to different companies and sectors, international finance news, domestic news on housing debt, elections and their impact on businesses, and innovation. Innovation covers a wide range of topics such as creative computation, artificial intelligence, virtual reality and its application in medicine, and other intriguing topics.

Financial Post

This is also a Canadian media that features commentaries and investment and business news. The Financial Post covers a wide range of topics, including retail and marketing, economy, mining, legal issues, energy, and mortgages and real estate. Covered topics also include entrepreneurship, technology, personal finance, investing, and markets. The Financial Post delves on a variety of topics and news such as energy, truck, and car exports, hydroelectric dam projects, the Paris climate deal, mortgage insurance portfolios, and a lot more. Readers learn about the current state of the oil markets, developments related to the minimum wage, the Canadian meat market, and so on.

Media Outlets, Focus, and Publications

Other Canadian magazines and journals with a business focus include the Western Producer, the Ottawa Business Journal, Marketing, Investment Executive, Enterprise Mag, and Business in Vancouver, among others. The Investment Executive is a financially-oriented trade publication with a focus on financial advice. In fact, more than 120,000 financial advisers and finance experts make its readership base. The publication covers a wide selection of topics, including research, products, economy and markets, and company and industry news. There are also publications to help company owners build a business. They focus on technology, marketing and sales strategies, practice management and financial planning, and communication with customers. The multimedia center also offers an opportunity to stay current and learn and features insurance advice, webinars, and news. The webinars are free to watch. There are also handy tools and resources, special features, market watch, calendar of company events, and more.

Formerly named the Small Business Canada Magazine, this publication by Typgrafika Inc of Barrie has four issues a year. The range of covered topics includes finance, banking, mergers, and business. Profit is also a business and finance-oriented magazine which is published six times a year. Headquartered in Toronto, the magazine was published until the end of 2013. At present, it is a special section which readers can find in Canadian Business. Its readership mainly consists of entrepreneurs and business owners. The Ottawa Business Journal is also a specialized publication which focuses on the National Capital Region. The journal covers topics such as events, real estate, technology, and world, national, and local news. There are publications on defense and security, construction, the residential property market, upcoming events, etc. The journal also features resources and videos that are free to watch. Visitors are offered the chance to read commentaries by expert bloggers as well. The journal also includes a section dedicated to awards.

Business Borrowing in Canada

There are plenty of ways to obtain business financing in Canada, from small business loans and grants to personal lenders, peer to peer networks, angel investors, and others - The type of borrowing solution depends on your purpose, industry or sector, long-term goals, whether you can offer collateral, etc.

Government-Backed Loans

Government-backed financial assistance is offered under the Canada Small Business Financing Program - The main advantage is obviously the lower cost (interest rate) compared to other sources. There are requirements to meet, however, and certain exclusions, i.e. purposes for which you cannot use government financing. These include assets acquired by holding businesses, franchise fees, inventories, working capital, and goodwill. Other limitations may apply, depending on the provider of choice. The costs for borrowers include lender fees, the interest rate, and registration fees. The latter are paid directly to the financial institution and may include renewal and setup fees. The interest rate, if offered a variable rate, can be as high as the prime + 3 percent. For fixed rate products, on the other hand, the threshold is what the lender charges on residential mortgage loans + 3 percent. The registration fee adds to the cost and is 2 percent of the loan you apply for.

Angel Investors

This is another type of business financing in Canada and a way to obtain start-up capital. Also called seed or private investors and angel and informal investors, they usually offer funds in exchange for equity or convertible debt that can be converted to common stock. The amount of financing varies greatly from one investor to another. Some offer funds in the range of $0 to 50,000 while others offer up to $1,000,000. Borrowers are free to inquire about the investor's profile. Some have experience in project and resource management while others specialize in finance, small businesses, and real estate. Still others focus on management, operations, and sales in the manufacturing sector.

Loans by Banks and Other Private Providers

This is yet another option if you are unwilling to offer equity to an angel investor. Banks in Canada offer commercial mortgages and business loans and can help you choose the most appropriate solution for your requirements. To this end, your bank may ask you about details such as number of employees or workers, annual revenue, and years you have been in business. Banks offer a selection of products to choose from, including small business HELOCs and lines of credit, US dollar, operating, and agri lines of credit - Some large banks also feature fixed-rate term and installment loans and US and variable-rate loans. Farm equipment financing, for example, is offered to help borrowers purchase used or new equipment for their farm. Term loans that go with a variable rate allow borrowers to pick an amortization period and schedule that suits them best. Another benefit is the fact that borrowers have the option to change to a fixed rate. Fixed-rate term loans also offer benefits such as amortization periods that can be as long as 15 years. The fact that the rates fluctuate is the main downside (but if it is low, you actually benefit from low-cost financing. US loans are also offered by some Canadian banks to businesses that need US dollars. Banks feature loans that allow companies to access hundreds of locations across the border. Installment loans are available to help businesses ensure the safety of their cash flows. Some banks feature no-fee applications up to a certain amount. An installment plan is another option to look into, especially if you look for a loan with a large limit, long term, and fixed rate. Customers are free to choose from different amortization terms and repayment schedules. A homeowner line of credit is also a good solution provided that you are willing to pledge your home as a guarantee (your property serves as collateral). The main benefit is the easy access to financing. You can also choose an interest payment only line of credit. Many financial institutions also advertise lines of credit with no-fee applications. And you apply only once.