DavidsTea closing 82 stores in Canada, all 42 U.S. stores
Closure of “a significant number of money-losing stores” will allow firm to focus on e-commerce sales.
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The Canadian Press
High unemployment, $343B deficit projected in Liberals’ fiscal snapshot
Liberal government says it believes there will be a slow return to a new normal, with unemployment high and economic growth low through to at
Ontario business owners finding themselves on their own when it comes to mask enforcement
Short of calling the police on noncompliant customers, businesses may find they have little power to enforce their policies on the public.
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.
Fashion retailers confront consumer shifts amid ‘long slow ramp’ to new normal
‘People aren’t wearing a sports jacket when they’re working from home.’
New North American trade deal comes into force
U.S. trade ambassador promises enforcement
Assuming USMCA does little more than update its old NAFTA predecessor would risk running afoul of the deal’s new rules – or worse, leaving money
Canadian economy posts record 11.6% plunge in April: StatsCan
But early estimates point to growth of 3% in May.
Five Canadian business stories to watch this week
A preview of some of the stories that will be making headlines in the days ahead.
BlackBerry posts US$636 million Q1 loss
BlackBerry QNX affected by ‘macro headwinds’ in auto and other embedded sectors, but company is starting to see signs of a recovery, CEO says
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The Canadian Press
Mandated returns to in-person work – What if your health prevents it?
The Canadian Press
