Pressure mounting for grocers to bring back ‘hero pay’ amid Omicron surge
Unifor national president Jerry Dias says while front-line supermarket workers are facing the biggest risks, executives are receiving the biggest rewards.
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Canada’s top CEOs paid at second-highest level ever during pandemic: report
Report said that by noon on Tuesday, the average CEO of these companies would have already earned what the average Canadian worker will make all
Feds loosen eligibility requirements on pandemic relief for businesses, workers
Lockdown Program will now offer wage and rent subsidies ranging between 25 and 75 per cent to employers who are subject to capacity restrictions of
Air Canada anticipating recovery in demand as travel restrictions are eased
Although overall bookings remain below pre-pandemic levels, customer interest began to increase in June with the elimination of quarantines for fully vaccinated returning Canadians and
Biden nominates tech exec, political adviser David Cohen as U.S. ambassador to Canada
Cohen is a lawyer, lobbyist and fundraiser who currently serves as a senior adviser to the head of U.S. communications giant Comcast.
International flights to resume at Ottawa airport as part of border reopening plans
Air travellers will no longer be required to spend the first three nights of their quarantine at a government-approved hotel.
Five Canadian business stories to watch this week
A preview of some of the national news that will be making headlines in the coming days.
Ontario won’t make COVID-19 vaccination mandatory for any industry, Ford says
Ahead of lifting restrictions on gyms and indoor restaurant dining, Ford also said his government isn’t planning to develop a provincial “vaccine passport” similar to
Bank of Canada cuts growth forecast for 2021, reduces bond buying target
The central bank said it expects the economy to grow 6% in 2021, down from its previous forecast of 6.5%
‘Buy local’ mindset on the rise as consumers, distributors seek food security
Higher shipping costs are making nearshoring and onshoring much more attractive.
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