The Canadian Press

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

Feds went with simple rules for benefits to speed up COVID-19 aid, Morneau says

Finance Minister Bill Morneau says imposing hard and fast rules about who can receive federal aid to weather the economic shock from COVID-19 was the only way to get the money out the door quickly

Ottawa Senators announce temporary layoffs, salary reductions due to COVID-19

The Sens organization is implementing temporary layoffs and salary reductions due to the COVID-19 pandemic

Shopify suspends outlook for 2020 even though Q1 to meet or exceed expectations

Shopify says it is suspending its financial outlook for the year because of the uncertainty stemming from COVID-19. The...

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