Prime Minister Justin Trudeau says the federal government is in discussions with the CFL, which is seeking financial support to help with the impact of the COVID-19 pandemic. Trudeau told reporters Wednesday that support for the league is an “important issue” for the CFL and its fans. “We are currently looking at how we can […]
The Canadian Football League is asking the federal government for up to $150 million in financial assistance due to the COVID-19 pandemic. CFL Commissioner Randy Ambrosie told The Canadian Press on Tuesday that the league’s proposal involves three phases: $30 million now to manage the impact the novel coronavirus outbreak has had on league business; […]
Prime Minister Justin Trudeau says nearly 10,000 businesses have applied for the federal government’s wage-subsidy program to help them deal with the COVID-19 pandemic. The emergency measure will cover 75 per cent of wages for employers that have seen sharp declines in revenue since the novel coronavirus hit Canada hard in March, up to $847 […]
The province of Saskatchewan will unveil a plan on Thursday morning to re-open in five phases. On Wednesday night, Premier Scott Moe addressed Saskatchewan citizens live from his office at the Saskatchewan Legislature. Moe says he believes Saskatchewan can gradually allow businesses to re-open and get people back to work and that there are risks involved. […]
Canadian Pacific Railway Ltd. has significantly lowered its financial guidance due to the fallout from the COVID-19 pandemic, saying a drop in crude oil and automotive shipments will outweigh gains in grain traffic. The company forecasts that revenue ton miles — a key industry metric — will fall by mid-single digits and that adjusted diluted […]
Prime Minister Justin Trudeau says the partial shutdown of Canada has to last weeks more to get COVID-19 under control, using his strongest warning yet against loosening economic restrictions too soon as he unveiled expanded help for hard-hit workers. In the last month, the national economy has contracted sharply as businesses have been ordered closed […]
Prime Minister Justin Trudeau says the federal government is willing to send money to provinces that want to provide salary top-ups to workers deemed essential. The extra cash would be designed as a financial incentive to keep those workers on the job. He says a number of provinces are looking at following Quebec’s model of […]
A series of relief measures is being implemented by the Saskatchean government for the oil and gas sector that like many others has been impacted from the COVID-19 pandemic and a price war between Saudi Arabia and Russia that has seen the price of oil tumble. “The Saskatchewan energy sector is the second largest contributor […]
The Trudeau government has struck a deal with opposition parties to swiftly approve a massive $73-billion wage subsidy program aimed at helping businesses and workers survive the economic ravages of the COVID-19 pandemic. Passage of legislation needed to implement the program was assured Saturday after Conservatives dropped their attempt to tie the bill to the […]
The Western Canada Lottery Corporation is feeling the economic pinch that COVID19 has presented as not as many are buying lottery tickets even though the jackpots are still big as is the case Friday with the Lotto Max top prize standing at 70 million dollars. WCLC spokesperson Kevin Van Egdom says there are several reasons […]
