Walmart Canada says it will hire 10,000 more employees to work in its stores and distribution centres as it deals with issues related to COVID-19. The company announced the jobs in a letter sent to customers from Walmart Canada CEO Horacio Barbeito, but did not provide details on where the jobs would be or whether […]
A survey of businesses taken by the Saskatchewan Chamber of Commerce this week regarding COVID-19 are coming up with results that shouldn’t be considered surprising. These are some of the highlights: 85% of businesses that responded have felt a negative impact already, and 87% believe the challenges will continue for two months or longer. The […]
In an attempt to limit the spread of COVID-19, Regina City Hall is now closed for business. The city is letting you know how to make payments that would normally be made by paying a visit. Online or Telephone Banking – water/utility accounts, property taxes o Contact your financial institution to set up your water/utility account and property […]
With more and more things being shut down in an attempt for Reginans to stay indoors as much as possible to prevent the spread of COVID-19, the impact is already being felt on businesses. Some in the Cornwall Centre are closing temporarily and on Monday night, the Capitol Restaurant announced it would be closing its […]
Prime Minister Justin Trudeau says the federal government is looking at ways to get money directly into the pockets of Canadians so they can cover their bills should their lives be upended by COVID-19. He says help would be targeted to vulnerable Canadians, as well as help to small businesses and workers who see disruptions […]
Analysts expect to see lower Canadian oil production this year as producers follow the example of Cenovus Energy Inc. in slashing capital spending budgets amid tumbling oil prices. After seeing its shares losing more than half their value on Monday, Calgary-based Cenovus announced Tuesday it would cut its capital spending plan for 2020 by 32 […]
Canada’s main stock index had its worst day in more than three decades, closing down 10.3 per cent Monday as a collapse in oil prices triggered a plunge in the energy sector and the loonie. The S&P/TSX composite index lost 1,660.78 points to close at 14,514.24 in the largest single-day decrease since 1987. The TSX […]
North American stock markets nosedived in initial trading as the price of oil collapsed and the loonie plunged against the U.S. dollar. The rout at the start of trading triggered circuit breakers on the stock markets in Canada and the United States that temporarily put a halt to trading. The drop followed an earlier plunge […]
Tim Hortons is pulling 81-million cups designed for its Roll Up the Rim to Win promotion, amid concerns about the coronavirus. The news comes just a day after the coffee-and-donuts chain confirmed it had cancelled a plan to give away 1.8-million reusable cups as part of a plan to give the contest a more environmentally-friendly […]
The Bank of Canada slashed its key interest rate target by half a percentage point, dropping it to 1.25 per cent in what economists saw as a rapid response to the growing economic shock from the novel coronavirus outbreak. The central bank said Wednesday that it cut its target for the overnight rate because COVID-19, […]
