Five Canadian business stories to watch this week
A preview of the national news that will be making headlines in the coming days.
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Airlines demand ‘concrete plan’ for financial aid after throne speech hints at relief
‘Time is of the essence,’ Canadian Airports Council president says.
Feds offer $50M fund to film, TV productions struggling to get insurance
Fund will offer productions a maximum compensation of $1.5 million in the case of a temporary interruption and $3 million in the case of a
BlackBerry reports Q2 loss, revenue up from year ago
BlackBerry executive chairman John Chen says the sequential and year-over-year revenue growth this quarter exceeded the company’s expectations despite the ongoing challenges from COVID-19.
Liberals unveil sweeping plan for current and future challenges in throne speech
Liberals emphasize climate change, economic inequality and systemic racism, but say not much can be done if the COVID-19 pandemic is not brought under control.
Shopify says two ‘rogue’ employees involved in data breach to obtain customer records
Ottawa-based tech firm says fewer than 200 merchants whose stores were illegitimately accessed are at risk of having had their customer data exposed.
Online shopping, ‘lifestyle changes’ spur retail revolution, supply chain bottlenecks
Experts say shifts in consumer behaviour mean lengthy backorders are more likely to arise on discretionary items such as patio heaters.
Five Canadian business stories to watch this week
A preview of some of the national business stories that will be making headlines in the days ahead.
Retail sales ‘hit a wall’ in July after two months of significant gains
“It’s a pretty sharp pullback after some explosive growth in retail spending in June.”
Wage subsidy extension into 2021 critical for tourism sector to survive: industry
‘Our sectors are different – we cannot offer curbside pickup, e-commerce or pivot to manufacturing new products.’
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