Five things to know about the federal government’s COVID-19 financial aid package
Delays in tax filing deadlines and temporary wage subsidies were announced Wednesday as part of a $82B relief package
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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.
Federal bureaucrats cautious about network overload as remote work increases
Federal government managers and employees have been advised to take precautions to manage the load on communications systems as Canadians shift to remote working conditions
Air Canada halves capacity, withdraws guidance amid ‘severe drop in traffic’
Air Canada says it is halving its flight capacity in the second quarter and withdrawing its earnings forecast for 2020 and 2021 amid a ‘severe
Ontario delays release of full budget; province has seen 177 cases of COVID-19
The Ontario government announced Sunday that it was drafting legislation to ban employers from requiring sick notes for those in self-isolation or quarantine
Bank of Canada cuts rate target to 0.75 per cent in response to COVID-19
The Bank of Canada is cutting its overnight rate target by half a percentage point to 0.75 per cent in response to COVID-19
Bank of Canada pumps $7B, expands bond buy backs to ease economic concerns
Earlier in the day, the U.S. Federal Reserve pumped vastly more money, US$1.5T, into American financial markets, which did little to stop the bleeding on
Labour, biz leaders urge federal-provincial common front on COVID-19 impact
Canada’s largest labour organization and the group that bills itself as the voice of business look to jointly confront the economic fallout from the rampaging
Best Offices Ottawa: A workplace that reveals a company’s culture and personality
IMI expands and modernizes Ottawa office to reflect the ethos of the organization
Promising support for workers forced into isolation, Trudeau pledges $1B for COVID-19 response
The federal government is rolling out a $1 billion funding package to help cope with new coronavirus cases and to help Canadian workers who are
Air Canada halts all flights to Italy amid nationwide coronavirus lockdown
Air Canada is suspending flights to and from Italy, saying the decision was prompted by Italian regulations and ‘ongoing health and safety concerns’ related to
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