Five Canadian business stories to watch this week
Rogers earnings, Metro results and the release of new inflation figures are among the stories expected to make headlines in the days ahead.
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‘Virtual’ Canada Day celebrations planned in Ottawa
Details are in the works, minister says
Insurance companies cut group health plan premiums as claims fall
Declining use of dental benefits and some extended health care benefits leading to premium reduction adjustments for employer-sponsored group benefits plans.
Small businesses seek rapid rent relief measures as Trudeau promises more support
Trudeau says feds are working on a program to help businesses and commercial landlords cover their rents for at least three months.
Canopy Growth to lay off 85 workers, cease some global operations
Ottawa-area pot producer will end cultivation at Colombia facility; will stop operations in South Africa and Lesotho.
National economic shutdown to last weeks longer, Trudeau says
Preliminary data from Statistics Canada showed economic activity collapsed in March, suggesting the drop could be a record 9%
Nearly 5.4 million receiving emergency federal aid as requests climb
Liberals are likely to roll out more help soon to fill gaps in existing programs, such as by broadening the scope of the CERB to
Five Canadian business stories to watch this week
The first full week of federal relief measures for businesses, an interest rate decision and a possible update to the Canada Emergency Response Benefit are
Trudeau promises ‘relaxed’ rules for wage subsidy
Rather than having to show a 30-per-cent decline in revenues, he says they can show a 15-per-cent decline in March, and can compare their revenues
Ottawa rejects closing traffic lanes to make more room for pedestrians
Officials concerned move may draw more people out; urge residents to stay inside or use less popular routes
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