Five Canadian business stories to watch this week
A preview of some of the national business stories expected to make headlines in the days ahead.
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The Canadian Press
Starbucks plans to close up to 200 Canadian locations over two years
Some of the Canadian stores up for closure will be “repositioned,” the company said, which suggests they could either move to a new area or
Ontario government halts commercial evictions for tenants hit hard by COVID-19 fallout
Move applies to small businesses that qualify for the Canada Emergency Commercial Rent Assistance program, where revenues have dropped at least 70% due to the
Ottawa restaurant The Grand says it was fined for letting customers eat takeout on patio
Co-owner John Borsten says he doesn’t see what they did wrong given that the restaurant didn’t serve customers on the patio, and that others were
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.
WestJet breaks ranks with carriers to offer refunds to some customers
Pivot follows months of backlash as consumer advocates and thousands of passengers continue to demand their money back for services paid for but never rendered.
Sail Outdoors Inc. files for bankruptcy protection amid COVID-19 pandemic
Sail Outdoors Inc. has filed for bankruptcy protection so it can restructure amid the COVID-19 pandemic. The Laval, Que.-based retailer, which has a store in
Ericsson, Nokia land 5G contracts from Canadian telecom firms
Contracts are seen by some to be a major hit to Huawei’s ambitions to be a player in Canada’s 5G network.
Ottawa facility part of Bell Canada’s deal to sell 25 data centres for $1.04 billion to Equinix
The Bell deal will add 25 data centres at 13 locations in eight cities.
Ontario makes temporary change to layoff regulations to help businesses
Government is expected to announce today that it will amend the Employment Standards Act, which requires businesses to terminate employees who have been laid off
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