Ontario introduces $17B COVID-19 package; more than doubles deficit
The spending boost includes a $1-billion COVID-19 contingency fund, nearly $1 billion more for hospitals, and more personal protective equipment for front-line workers
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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.
Liberals rejig benefits for workers affected by COVID-19
Finance Minister Bill Morneau said the measure allows companies to temporarily let go of workers to cut payroll costs and leave money in the affected
Small business confidence falls to record low amid COVID-19 pandemic, CFIB says
The Canadian Federation of Independent Business says small business confidence has fallen to a new low amid the COVID-19 pandemic
Business, labour groups say Liberals’ COVID-19 wage subsidy too little to help
A growing number of business and labour groups are urging the federal Liberals to up their promised wage subsidy to help companies hit hard by
Ontario set to temporarily reduce hydro rates: Ford
Ontario has slashed the price of hydro temporarily as many people work from home during the COVID-19 pandemic
Restaurants ask government for help to stay afloat amid coronavirus shutdowns
Restaurant owners are struggling to stay afloat as health authorities and governments urge wide-scale shutdowns
Travel company Transat AT lays off 3,600 staff, about 70 per cent of workforce
The decision comes as non-essential travel around the world comes to a standstill as governments close borders in an effort to slow the COVID-19 pandemic
Welch LLP Ottawa Business Growth Survey now open
Largest and most comprehensive study of Ottawa-area businesses includes special cybersecurity focus in 2020
Welch LLP Ottawa Business Growth Survey now open
Largest and most comprehensive study of Ottawa-area businesses includes special cybersecurity focus in 2020
Large Canadian airlines poised to weather COVID 19 despite ‘very bad year’ ahead
A union official says Air Canada is laying off more than 5,000 flight attendants as the country’s largest airline cuts routes and parks planes due
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