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.
Higher deficits and debt in the coming years could limit the ability of a government to introduce any new, permanent programs without spending cuts or tax increases.
In a bid to win back loyal customers and attract new ones, MEC is rolling out new membership benefits that include discounts on services, exclusive promotions and access to outdoor activity and product experts.
The study also found that Canadians have a high ability to detect whether a brand demonstrates a short-lived act of compassion to take advantage of the pandemic.
The Liberals are extending rent and wage programs while at the same time phasing in hiring subsidies, microgrants to help companies move online and allowances for capital investment expenditures.
Critics say the federal Canada Recovery Sickness Benefit has had poor uptake because it is more akin to the government's employment insurance program than paid sick days.