The Canadian Press

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.

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 among the stories expected to make headlines in the days ahead.

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 to previous months rather than the previous year.

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

Feds look to expand eligibility of emergency relief program

'Fine-tuning' aimed at ensuring employees do better off remaining at work, rather than going off work and receiving emergency benefit

Five Canadian business stories to watch this week

New data on unemployment, a survey of business confidence and the outlook of Canada's big banks are among the stories expected to make headlines in the days ahead.

Ontario closing more businesses effective Saturday to limit spread of COVID-19

Premier Doug Ford moved swiftly to shutter a larger swath of Ontario's economy on Friday in the wake of bleak projections about the death toll of the COVID-19 pandemic

OBJ360 Sponsored

Guest Blogs

Social Galleries

Video

Event Calendar