davidchatters.com

Canam Credit Company Sells Equity in Largest Debt Management Business in Canada

Calgary, Alberta (PRWEB) June 25, 2008 -- Canam Credit Company announced today that it plans issue shares at 0.05 cents per share of Canada Debt Assistance to raise $275,000.00 for expansion in to the Ontario debt management market.

The company was purchased by Canam Credit Company in May of 2007 for $1.5 Million. After the purchase, the senior management made several management changes, embarked upon many regulatory audits, new procedures and policies were made, at this time the company feels it is in a position to sell equity, and start expanding the operation.

As the economies of the world start hiding downward toward a recession, Canada Debt Assistance Inc. is poised for substantial growth, in the existing and new markets.

About Canam Credit Company Inc.

Canam Credit Company is a diversified financial services company that has representation across Canada and the United States. Our products include life insurance, short term lending, factoring, debt counseling, term loans and credit repair.

About Canada Debt Assistance Inc.

Canada Debt Assistance was purchased by Canam Credit Company in May of 2007 for $1.5 Million. The company has more than 4000 clients, in three different provinces.

For More Information contact:

Abe Alizada

Investor Relations

Canam Credit Company Inc.

(403) 235-1005

abe.alizada @ canamcredit.com

This press release may contain forward-looking statements with respect to Canam Credit Company and its operations, strategy, financial performance and condition. These statements generally can be identified by use of forward-looking words such as "may", "will", "expect", "estimate", "anticipate", "intends", "believe" or "continue" or the negative thereof or similar variations. The actual results and performance of Canam Credit Company could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, changes in government regulation and the factors described under "Risk Factors" in the Offering Memorandum. The cautionary statements qualify all forward-looking statements attributable to Canam Credit Company

and persons acting on its behalf. Unless otherwise stated, all forward-looking statements speak only as of the date of this press release and Canam Credit Company has no obligation to update such statements.

###

MORE ARTICLES:

Import U.S. Autos Into Canada To Save Cash 101
Here is the Canadian Reader?s Digest version of buying a car in the United States for Canadians to save big money.

New Brunswick, Canada Chooses Orion Health Solutions for Province-Wide EHR Project
New Brunswick, Canada to implement first province-wide electronic health record (EHR). Orion Health is selected to provide the basis of the solution, providing access to integrated patient data and a flexible, scalable solution for future capabilities.

Skydiving - Central Canada
Skydiving takes place all over the world but it can be difficult finding a base near you. Not only this, but then choosing a base can be a decision that could change your life.

Moving To Canada
There are plenty of sites offering information on how to apply for a Canadian Immigration Visa and many more offering services (paid of course) to help you do it. One of the major issues I had during the immigration process was the actual move itself and what happens when you arrive. I have received plenty of emails through my information website, onestopimmigration-canada.com, asking for additional help and advice about what forms are required, what to expect at the Canadian customs and what to do when they first arrive in Canada.

Thomas Equipment Names Arun Bhatnagar Regional Business Manager, Western Canada
Gilbert Bedard, Vice President of Global Sales at Thomas Equipment (http://www.thomasloaders.com), says Arun Bhatnagar brings international experience to his new post as Regional Business Manager, Western Canada, and will assist in the North American market growth of Thomas Skid Steer Loaders.

The Pleasure Of Hunting In Canada
Hunting has moved past the origins where it was the search for food only, as today it is a major sport and the competition can be fierce. There are few places on the planet to hunt that are better than Canada. The proof positive of this is the number of trophies and world records that are broken in this land every year. There is truly some great hunting to be found in this wonderful country.

FSBO Keeps Pace with Canada's Real Estate Boom
As Canada's real estate market continues to defy popular predictions of a slowdown, privately-transacted sales are keeping pace as homeowners look for ways to pocket the fees usually collected by real estate agents. Many owners are now choosing to bypass real estate agents to sell their homes themselves in order to save the average six per cent commission most agents charge. On a $250,000 home, this can amount to $15,000, a hefty sum for most Canadians.

Art Life Images Adds HuntStock with All Canada from Spacephotos Captured while Sampling Eyecandy
Art Life Images expands its professional stock photo library with 4 new RF and 3 new RM professional collections.

CORRECTING and REPLACING Hitwise Launches Election 2008 Data Center To Provide Online Insights Into Its Candidates and Politics Category
Please replace the release with the following corrected version due to multiple revisions to the website links.

Canada Website Marketing
When the subject of Canada website marketing or Global website marketing comes up, it is important understand what exactly this moniker entails Yes, a basic definition of Canada website marketing centers on the ability to maximize the online success of a Canadian based business in its online pursuits

New Book Reveals the Truth, the Whole Truth, and Nothing But the Truth about American Politics -- Which is More Than You Would Get if You Asked a Poli
Do politicians scare you? Do the decisions they make cause you to scratch your head, question your hearing, kick the cat? Do political parties, campaigns, and elections turn you ugly? Relax! You're not alone--and help is on the way. With Politics Ain't That Complicated, Paul Dodd provides a basic primer to guide you through the ins and outs of American politics. You'll be armed with the knowledge you need to make it through the next general election!

IWD Canada to Provide National Easter Seals Canada Web Support and Hosting
IWD Canada, a Toronto-based full web development and support firm, is proud to announce that they will now provide all web hosting for the National Easter Seals Canada websites. The security and support IWD Canada will provide by hosting these websites will enable Easter Seals Canada to continue to develop their online presence and to provide services to over 60,000 young people with disabilities.

Hamilton Canada - Charming, Exquisite and an Enriching Experience
Hamilton is a city situated in one of the most beautiful states of Canada, Ontario. It is a city with a bright history and even more bright future. It is said about this city that it began with romance, romance of Robert Land and his wife, who was the soldier of united empire. It is believed that he was the first settler in this part of the world after he escaped from the death sentence in Pennsylvania USA. He settled here on the edge of the lake. There are many more stories connected with this man who made this seventh heaven called ?Hamilton?.

A Perfect Getaway In Canada
Looking for a great vacation spot and love to fish? Then do a little searching on the Internet. Type the following: Canada Fishing Lodge. You?ll uncover a multitude of options. From rustic to family-orientated, these lodges offer you the perfect getaway. You can spend time fishing in some of the best spots around. You also can spend time with your friends and family.