The Canadian Press

Ottawa’s inflation rate cools to 1.4% in March

Pandemic causes gas prices to plummet

Canadian companies weigh dividend cuts, suspensions ahead of earnings amid pandemic

Businesses will have to balance satisfying shareholders, who will never say no to more cash, with keeping their companies afloat as they grapple with mass layoffs, forced closures of their brick-and-mortar locations, transitioning staff to work from home and in some cases, the erosion of their entire industry.

Shopify offers cash advances to merchants amid COVID-19

Company adding US$200 million to Shopify Capital program worldwide.

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.

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 capture workers currently being left out.

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