The Canadian Press

Five Canadian business stories to watch this week

StatsCan to release new home price index on Wednesday.

Feds to create EI-like benefit for gig, contract workers, extend rent relief program

The $80-billion Canada Emergency Response Benefit is set to wind down over the coming weeks, with those who are EI-eligible to start drawing assistance that way.

DavidsTea to shrink network to 18 stores in Canada after renegotiating leases

Move comes after chain closed 82 other stores in Canada and all 42 of its stores in the U.S. in early July to focus on its e-commerce business and supplying grocery stores and pharmacies.

Take commercial landlords ‘out of the equation’ for rent relief: CFIB

Business organization says the bar to qualify for rent relief has also proven to be too high for businesses.

No plans to roll back Ottawa’s economic reopening despite rising COVID-19 cases, Ford says

Ottawa reported 25 new cases of the novel coronavirus on Tuesday.

Five Canadian business stories to watch this week

Shopify holds Q2 earnings call Wednesday.

Consumers flocked to online shopping as pandemic hit, with e-commerce sales up 99%

But experts say shoppers are likely to return to brick-and-mortar stores.

COVID-19 tracing app starts beta testing after three-week delay

Volunteers from Shopify were part of a team that developed the app.

Empire plans 20 new Farm Boy locations across Ontario

Sobeys and Safeway owner also plans more e-commerce investments planned across network.

Ottawa inflation rate accelerates to 1.2%

Nationally, June inflation rate turns positive amid early stages of economic reopening
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