
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
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.

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

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

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

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

Unemployed during COVID-19? Here’s how to navigate federal programs
Here’s a quick look at some of the federal COVID-19 benefit programs and who qualifies for assistance

RBC expects home sales to dive 30%, prices to decline because of outbreak
Canada’s housing market could see a significant pullback this year because of the COVID-19 pandemic, but could rebound next year, a report by RBC says

Large business, non profits, charities eligible for wage subsidy, Trudeau says
Prime Minister Justin Trudeau says large and small businesses, non-profits and charities will all be eligible for a 75-per-cent subsidy on wages meant to cushion

Competition watchdog warns against Air Canada’s proposed deal to buy Transat
Air Canada’s proposed acquisition of Transat AT Inc. likely will hinder competition and result in less choice for Canadian travellers, the Competition Bureau says

Here’s what Trudeau is offering small businesses struggling amid COVID-19
Small and medium business owners and entrepreneurs got a boost from Prime Minister Justin Trudeau on Friday as he handed more out relief for companies
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