Five Canadian business stories to watch this week
New data on unemployment, a survey of business confidence and the outlook of Canada’s big banks are among the stories expected to make headlines in
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Ontario closing more businesses effective Saturday to limit spread of COVID-19
Premier Doug Ford moved swiftly to shutter a larger swath of Ontario’s economy on Friday in the wake of bleak projections about the death toll
Feds went with simple rules for benefits to speed up COVID-19 aid, Morneau says
Finance Minister Bill Morneau says imposing hard and fast rules about who can receive federal aid to weather the economic shock from COVID-19 was the
Ottawa Senators announce temporary layoffs, salary reductions due to COVID-19
The Sens organization is implementing temporary layoffs and salary reductions due to the COVID-19 pandemic
Shopify suspends outlook for 2020 even though Q1 to meet or exceed expectations
Shopify says it is suspending its financial outlook for the year because of the uncertainty stemming from COVID-19. The Ottawa-based e-commerce company says momentum in the
Unemployed during COVID-19? Here’s how to navigate federal programs
Here’s a quick look at some of the federal COVID-19 benefit programs and who qualifies for assistance
Guards refuse to work in Ottawa jail over lack of COVID-19 screening protocols
Guards at an Ottawa jail refused to work Tuesday morning due to the lack of COVID-19 screening of those going inside the institution, the union
Ottawa airport undergoing ‘aggressive’ cost cutting, will receive federal rent relief
The federal government is waiving the monthly rent paid by airport authorities to Transport Canada for the rest of the year as revenues plummet amid
RBC expects home sales to dive 30%, prices to decline because of outbreak
Canada’s housing market could see a significant pullback this year because of the COVID-19 pandemic, but could rebound next year, a report by RBC says
Large business, non profits, charities eligible for wage subsidy, Trudeau says
Prime Minister Justin Trudeau says large and small businesses, non-profits and charities will all be eligible for a 75-per-cent subsidy on wages meant to cushion
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