Five Canadian business stories to watch this week
A preview of the national news that will be making headlines in the days ahead.
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The Canadian Press
Transat revenues drop by 99%; 2,000 layoffs expected
The airline’s acquisition by Air Canada looks increasingly uncertain.
TekSavvy, other independent internet providers cheer court decision upholding CRTC wholesale rates
Bell, Rogers appeals rejected
Bank of Canada warns of uneven recovery despite better than expected bounce back
Central bank holds key interest rate at 0.25%
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.
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.
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