Business

Multi-unit housing starts up in some parts of Canada in April despite COVID-19

CMHC estimates a 10.8 per cent month-over-month increase in its national seasonally adjusted annual rate

COVID-19 wage subsidy program extended as pandemic pushes millions out of workforce

Economists on average had expected the loss of four million jobs and an unemployment rate of 18 per cent

COVID-19: Business return up to managers, customers, Dr. Henry says

Business groups to have rules, individual approvals not needed

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Five things to watch for in the Canadian business world, week of April 15th
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Low-cost airline Swoop launches in Canada
Morneau: Feds would back new Trans Mountain investors

B.C. Liberals call for more COVID-19 business tax relief

Andrew Wilkinson urges sales tax ‘holiday’ for 60-90 days

At least three years until ‘cataclysmic’ virus fallout recedes: Air Canada

Since mid-March, the country’s largest airline has slashed its flight schedule by more than 90 per cent

Bank of Canada’s independence key to aiding post-COVID recovery, Wilkins says

The bank’s balance sheet has more than tripled from around $120 billion in early March

B.C. extends temporary layoff rules for COVID-19 pandemic

Can be up to 16 weeks to match federal CERB program

Air Canada reports $1.05B first-quarter loss due to impact of COVID-19 pandemic

The airline has reduced its second quarter capacity by 85 to 90 per cent

Morneau names Tiff Macklem new Bank of Canada governor

The central bank has slashed its target overnight interest rate to 0.25 per cent

B.C. opens applications for COVID-19 emergency worker benefit

Tax return, eligibility for federal CERB among requirements

B.C.’s backroad bridges being built better, forest watchdog says

Investigation finds fewer unsafe culverts and crossings

FortisBC invests in renewable natural gas made from wood waste

New project features a facility operated in Fruitvale, B.C., in service as early as summer 2021

COVID-19: B.C. defers forest stumpage fees for three months

$80 million for industry struggling before pandemic

Toronto stock market soars to near eight-week high on surging energy sector

Stock markets also rose in the U.S. even though its economy slipped into recession

More than half of Canadian companies seeing sales drop at least 20%: StatCan

Survey suggests nearly one in five businesses have laid off 80 per cent or more of their workforce

Plummeting business tourism costing cities hundreds of millions in lost revenues

Vancouver has 84 business bookings cancelled through December amid border shutdowns and bans on gatherings

COVID-19: Food trucks free to set up at selected B.C. truck pullouts

No provincial fees for using rest areas, weigh scales

Local restaurants feel squeezed by delivery apps’ commission fees

Delivery platforms can take up to 30 per cent commission

ICBC starts taking appointment for new driver ‘knowledge tests’

Motorcycle skill tests too, no road tests yet due to COVID-19

Blockades expected to derail CN’s Q1 results, COVID-19 looms down the line

Multiple blockades popped up all over Canada in support of Wet’suwet’en