--000000000000d0f67e05dee49992 Content-Type: multipart/alternative; boundary="000000000000d0f67d05dee49991" --000000000000d0f67d05dee49991 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hi Maeg, Thank you! we have received the funds. Regards, Sam Naffaa, CMA Financial Controller *Home Care Assistance - **Serving Oakville, Mississauga, Burlington, Waterloo & Wellington region* 375 University Ave E, Waterloo, ON, N2K3M7 Tel: 519-954-2111 2525 Old Bronte Rd, Suite 212, Oakville, ON, L6M 4J2 Tel: 905-337-1200 [image: image.png] *Champions of Aging Well* *www.**H**o * *me Care Assistance Waterloo .ca www.HomeCareAssistanceGuelph.ca* *www.HomeCareAssistanceOakville.ca**www.HomeCareAssistanceMississauga.ca* [image: image.png] On Tue, May 10, 2022 at 3:22 PM Maeg Diokno wrote: > Hi Angie, > > Thank you for your detailed explanation of Waterloo's current situation. > > The wire funding to RBC has been processed. Please refer to the attached > transaction details and confirm receipt of funds. > > Appreciate your collaboration, and look forward to receiving the estimate= d > payroll, outflow and inflow analysis. > > > Best Regards, > > Margaret (Maeg) Diokno > *Sr. Treasury Analyst* > U.S. Mobile: +1 (760) 996-2432 > Canada Mobile: +1 (226) 781-4611 > San Diego, CA | USA > [image: TheKey] > *| *TheKey.com > > *Please note, my email has changed: *margaret.diokno@TheKey.com > > > > On Tue, May 10, 2022 at 10:32 AM Angie Kunnath akunnath@homecareassistance.com> wrote: > >> Hello Maeg, >> >> Thank you for your attention on the matter. Please see my responses belo= w. >> >> Also, do you foresee similar cash shortages as something that we'll run >> into regularly? Other than sending a larger amount of cash to delay futu= re >> requests, is there any other way to push these institutional payers in >> making timely payments to avoid such situations? Would you happen to hav= e >> Waterloo's estimated weekly/monthly payroll and outflow totals, as well = as >> expected weekly/monthly inflows? - Cash shortages are not a common >> scenario we anticipate. It would be ideal to have a buffer to support an= y >> future payroll increases driven by growth. The institutions we work with >> have varying payment terms as per the current agreements. However, they = are >> prompt in payments and often settle the invoices ahead of time. In this >> particular case, we had a significant boost to staff augmentation for ou= r >> Waterloo operations driven by Covid-19 outbreaks. I'll send a follow-up >> email with the estimated weekly/monthly payroll and outflows and inflows= . >> >> Treasury is okay with sending a larger amount today(80K CAD) for support= , >> but hoping we can touch base on the above items so that we may further >> understand Oakville and Waterloo operations, address what might be drivi= ng >> this funding need, and also discuss when we might be able to organize >> possible excess cash return/s back to our corporate account. - Fo