Five Canadian business stories to watch this week
A preview of some of the national business news that will be making headlines in the days ahead.
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The Canadian Press
Canopy Growth laying off more workers as restructuring continues
Cannabis company says cuts affect employees at its Niagara-on-the-Lake and Smiths Falls locations.
Independent Cogeco board members reject $10.3B bid from U.S. firm, Rogers
This is the second time Rogers has been rebuffed in a move to wade into the Quebec market.
Canadian tech group makes pitch to Liberals as part of wider push to shape recovery plan
Council of Canadian Innovators suggests avoiding traditional recovery tools like massive construction spending in favour of addressing shortfalls in the knowledge-based economy.
As another month’s rent comes due, small businesses face holes in government support
While Canada Emergency Business Account program is being extended until the end of October, the Canada Emergency Commercial Rent Assistance program ended Aug. 31.
Ottawa-based Quintet Consulting hired to review workplace complaints at Rideau Hall
Quintet has a standing offer with the federal government to investigate complaints of workplace harassment.
Privy Council Office is looking for an executive search firm to create and maintain the list of candidates from minority groups who could be considered
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.
Canadian economy posted record drop in second quarter due to pandemic
GDP contracted at an annualized rate of 38.7%, the worst posting for the economy dating back to when comparable data was first recorded in 1961.
‘We’re not out of this yet’: Canadian banks brace for uncertainty as recovery takes hold
The Big Six banks said they were encouraged by consumer spending patterns creeping towards pre-pandemic levels and fewer Canadians seeking loan relief.
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