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Corporate Governance

  • Manitoba government offers more subsidies for businesses hit by COVID-19

    The Manitoba government is extending and expanding a wage-subsidy program to spur job creation during the COVID-19 pandemic.
  • Federal government commits funding for N.L. electric vehicle charging network

    The federal government is giving a funding boost for a network of electric vehicle charging stations across Newfoundland and Labrador.
  • Irving Oil cutting 250 jobs, 6% of workforce, due to the economy

    Irving Oil is cutting its workforce by 250 people or about 6% in light of the current economic conditions.
  • Demand for robot cooks rises as kitchens combat COVID-19

    Robots that can cook - from flipping burgers to baking bread - are in growing demand as virus-wary kitchens try to put some distance between workers and customers.
  • Burger King addresses climate change by changing cows' diets

    Burger King is staging an intervention with its cows.
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  • Canada's growing food insecurity issue

    StatsCan confirmed what most of us already know: Canada is becoming a hungrier place.According to a survey conducted by the federal agency in May, almost one in seven (14.6%) Canadians indicated they lived in a household where there was food insecurity in the past month.
  • Business model helps Couche-Tard navigate COVID-19

    LAVAL, Quebec — Alimentation Couche-Tard Inc., parent company of Circle K, reported a relatively strong fourth quarter for its 2020 fiscal year despite grappling with the challenges of the COVID-19 pandemic."Our agile, decentralized model, as well as the advancements we made in operational excellence this past year, helped us to face the unprecedented challenges of COVID-19 and I'm proud to say, I think we've emerged from this historic year a better and stronger company, both financially and culturally," president and CEO Brian Hannasch stated during the company's Q4 earnings call on June 30."We ended the fourth quarter with strong top-line trends, including 12 weeks of positive traffic, before we endured a significant decline in traffic and fuel volumes with the pandemic stay-at-home orders implemented across our global footprint," he added.Looking at the fourth-quarter numbers, same-store merchandise revenue decreased by 0.5 percent in the United States and 6.5 percent in Europe, while increasing 4.7 percent in Canada compared to the same quarter last year.From a fuels perspective, volumes declined sharply during the first weeks following the stay-at-home orders.
  • Quebec has become the first Canadian province to make mask-wearing mandatory in all indoor public places for people aged 12 years and older.Premier Francois Legault said the new directive enters into effect Saturday - just in time for the province's annual construction holiday.Businesses will be expected to enforce the new rules and are subject to fines of between $400 and $6,000 if their customers are caught violating the health directive, Legault told reporters Monday in Montreal.He said the government is considering imposing fines on individuals beginning in August.
  • Grocers defend pandemic pay cut decisions as independently made despite emails, calls

    Executives from three of Canada's largest grocery chains were in communication before launching and ending temporary wage increases for grocery store workers during COVID-19, but maintain their decisions were not co-ordinated.Metro Inc.
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