The Canadian Press

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.

Feds seeks executive search firm to help create ‘inventory’ of racial minorities for senior public service posts

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 for deputy minister and assistant deputy minister positions.

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.

Mark Carney joins Brookfield Asset Management

In his new role, Carney will spearhead an increasingly popular form of investing, focused on ESG – environmental, social and governance issues – as well as investments that yield both social and financial “impacts” or returns.

Scotiabank, BMO hit ‘high water mark’ as they set aside more cash for bad loans

Results offer first peek at how the last few months have transformed bank budgets, which have been under pressure since the pandemic began and financial institutions started offering mortgage and other loan deferrals.

Cannabis drinks firm backed by Molson and Ottawa-based Hexo launches five new brands (updated)

Increasingly crowded marketplace also includes beverages from Canopy Growth and other producers.

Five Canadian business stories to watch this week

A preview of some of the national stories that will be making headlines in the days ahead.

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