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CFIB statement on Canada Emergency Business Account eligibility expansion

CFIB statement on Canada Emergency Business Account eligibility expansion
TORONTO – The Canadian Federation of Independent Business (CFIB) welcomes today’s announcement that the federal government will expand the eligibility criteria for the Canada Emergency Business Account (CEBA) program to include businesses with no payroll. For many weeks, CFIB advocated with government to expand this $40,000 interest-free loan program to more businesses, particularly some of the smallest businesses currently excluded as they cannot demonstrate a... Read More

Facebook to pay $9 million penalty to settle Competition Bureau concerns about misleading privacy claims

Facebook to pay $9 million penalty to settle Competition Bureau concerns about misleading privacy claims
GATINEAU – Facebook Inc. will pay a $9 million penalty after the Competition Bureau concluded that the company made false or misleading claims about the privacy of Canadians’ personal information on Facebook and Messenger. Facebook will also pay an additional $500,000 for the costs of the Bureau’s investigation. The payments are part of a settlement registered today with the Competition Tribunal in which Facebook has agreed... Read More

Reitmans (Canada) Limited Obtains Court Order under the Companies’ Creditors Arrangement Act

Reitmans (Canada) Limited Obtains Court Order under the Companies’ Creditors Arrangement Act
The Company remains open for business, on all of its e-commerce websites and in all of its stores as they re-open. MONTREAL – Reitmans (Canada) Limited (“Reitmans” or the “Company“) announces today that, further to its news release issued this morning and the completion of proceedings before the Québec Superior Court, the Company has obtained an Initial Order (the “Order“)... Read More

COVID-19 pandemic dramatically shifts Canadians’ spending habits

COVID-19 pandemic dramatically shifts Canadians’ spending habits
75 per cent of Canadians spending less than pre-pandemic; 62 per cent using less cash; 42 per cent avoid shopping at places that don’t accept contactless payments OTTAWA, May 13, 2020 /CNW/ –  New data from a Payments Canada study on payment trends during COVID-19 reveals some dramatic shifts in Canadians’ payment preferences since the pandemic took affect in Canada. The study compared... Read More

Hometown TV12 Launches #FestivalFriday and #SmallBizSaturday

Hometown TV12 Launches #FestivalFriday and #SmallBizSaturday
Most of us have never experienced a pandemic of this magnitude, let alone being placed on house arrest when we haven’t done anything wrong.  Every day we are hearing of more of our much-loved fairs, festivals, and area events that are being sacrificed in the name of Covid-19.  Where does it end?  No one can say for sure, at least... Read More

Rent relief becoming make-or-break for many businesses, majority say more help needed

Rent relief becoming make-or-break for many businesses, majority say more help needed
CECRA money should go straight to tenants if landlord doesn’t apply; provinces urged (again) to put in place temporary commercial rent protection; CEBA expansion could help TORONTO – A majority of small businesses (79 per cent) say they need more help with rent, according to the Canadian Federation of Independent Business (CFIB)’s weekly COVID-19 survey. Eighty per cent support relief going... Read More

Canopy Growth Continues its 2.0 Product Innovation Rollout with New Beverage, Chocolate and Vape Products Arriving in Market

Canopy Growth Continues its 2.0 Product Innovation Rollout with New Beverage, Chocolate and Vape Products Arriving in Market
SMITH FALLS – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) officially unveiled its Cannabis 2.0 portfolio in late 2019 and is pleased to provide the following updates on the Company’s 2.0 innovation products that have launched into the Canadian recreational market in early 2020, and additional upcoming product releases. The first wave of the Company’s ready-to-drink cannabis-infused... Read More

Canadians’ Use of Video Streaming and Communication Apps Leap Amid Pandemic, Says CTA

Canadians’ Use of Video Streaming and Communication Apps Leap Amid Pandemic, Says CTA
TORONTO – Canadians’ use of technology at home has leaped by double-digit percentages amid the COVID-19 pandemic –  online video services has the biggest gain, followed by live TV, according to a new study by the Consumer Technology Association (CTA)®. Fifty-three percent are watching streaming video content from services such as Netflix and Disney+ more often now than the previous month, and... Read More

Direct Sellers Assoc: Direct Sellers Unfairly Excluded from the CERB

Direct Sellers Assoc: Direct Sellers Unfairly Excluded from the CERB
TORONTO – Today, the Direct Sellers Association of Canada (DSA), responded to the restrictive eligibility criteria for the Canada Emergency Response Benefit (CERB). “Over 1.2 million Canadians, 82% of which are women, work in the direct selling industry and they have been financially impacted by the COVID-19 pandemic, like so many other industries in Canada“, said DSA President, Peter Maddox. “They deserve the same support that millions of... Read More

Air Canada Announces Intention to Adopt the Canada Emergency Wage Subsidy for the Benefit of its 36,000 Canadian-based Employee Workforce

Air Canada Announces Intention to Adopt the Canada Emergency Wage Subsidy for the Benefit of its 36,000 Canadian-based Employee Workforce
MONTREAL – On March 30, 2020, as part of an overall cost reduction program, Air Canada announced that its workforce in Canada will be temporarily reduced by approximately 50 percent, or 16,500 jobs, as a result of the COVID-19 crisis and the imposition of global travel restrictions. On April 1, 2020, the Government of Canada announced the Canada Emergency Wage Subsidy (CEWS) in order to help employers keep... Read More