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Connect with Local Businesses: What’s open during the COVID-19 crisis

作者:admin 2020-05-28

By: Postmedia SolutionsDuring a time when all Canadians are being asked to stay at home, many businesses have remained open to provide essential services. Toronto Sun is compiling a directory of businesses in Toronto and the GTA that are continuing t 阅读全文

Scotiabank, National Bank of Canada beat expectations even as loan-loss provisions erode profits

作者:admin 2020-05-28

Bank of Nova Scotia and National Bank of Canada reported better-than-expected second-quarter results on Tuesday despite large profit declines driven by spikes in loan-loss provisions due to the COVID-19 pandemic.Canadian banks are bracing for higher 阅读全文

Employers worry about safety, cash flow, 2nd wave in COVID-19 restart

作者:admin 2020-05-28

VICTORIA — Chef Kreg Graham says he’s been doing a lot of thinking about washing dishes now that some COVID-19 restrictions have been lifted and he can start serving meals again.The executive chef at the Victoria-area Oak Bay Beach Hotel 阅读全文

Cross-border business interests call for joint post-COVID effort

作者:admin 2020-05-28

WASHINGTON — Travel between Canada and the United States is still restricted but businesses, diplomats and communities that depend on cross-border traffic are urging the two countries to join forces in a co-operative approach to thriving in the 阅读全文

Just under 1/3 of small businesses have reopened: CFIB survey

作者:admin 2020-05-28

As provincial restrictions lift, 50% more small businesses have reopened compared to a month ago, according to the most recent survey by the Canadian Federation of Independent Business — but it varies from province to province.According to the 阅读全文

Shopify to let employees work from home permanently

作者:admin 2020-05-28

The CEO of Canadian e-commerce firm Shopify Inc declared on Thursday the end of “office centricity” and decided to keep company offices closed till 2021, allowing most employees to work remotely on a permanent basis after that.Ottawa-base 阅读全文

Amazon pushes Prime Day to September

作者:admin 2020-05-28

Amazon.com Inc is scheduling its annual Prime Day shopping event for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported on Thursday, citing people familiar with the matter.The latter move 阅读全文

Half of Canadian businesses can’t make June rent: CFIB

作者:admin 2020-05-28

Half of small businesses will not be able to pay June rent without more government help, a survey has found.Canadian Federation of Independent Business (CFIB) recently conducted a survey of its membership of 110,000, with 6,379 of those members respo 阅读全文

Bank of Canada: Downward pressure on inflation likely once shutdown ends

作者:admin 2020-05-28

OTTAWA — The Bank of Canada thinks there is likely to be downward pressure on inflation once coronavirus-related shutdowns are lifted, a senior official said on Wednesday, a sign the Bank is in no rush to raise near-record low interest rates.Th 阅读全文

COVID-19 rent aid for businesses, landlords to cost $520M: PBO

作者:admin 2020-05-28

OTTAWA — The federal government is in talks with business and labour groups to figure out the future of billions in emergency aid, Prime Minister Justin Trudeau said one day after a warning that current spending was sustainable for only so long 阅读全文