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Corporate Governance

  • Small businesses seek rapid rent relief measures as Trudeau promises more support

    Small businesses are hoping for promised rent relief from both landlords and government as the COVID-19-related shutdown drags on and their bills pile up.The urgency comes as some landlords have already started issuing eviction notices for businesses that didn't pay April rent, while those who were able to pay are stressed about the months to come."We don't want to be closed, we're forced to be closed...but we're still every single day racking up costs,'' said Barb Bushe, who co-owns The Point of Light gift shop in Newmarket, Ont.Prime Minister Justin Trudeau said Thursday his government is working on on a program to help businesses and commercial landlords cover their rents for at least three months.
  • Foodservice fights back after 800,000 jobs lost due to COVID-19

    Restaurants Canada estimates that 800,000 foodservice jobs have already been lost nationwide due to COVID-19 and might not return if current conditions continue.Canada’s $93 billion foodservice industry represents 4% of the country’s GDP and many run in tandem or share sites with c-stores and gas stations.Nearly 10% of the country’s restaurants have already closed permanently, and many more might close by the end of April if conditions don’t improve.With businesses now struggling to pay rent and other bills due in April, the national association has conducted a survey to shed light on the state of the industry.
  • Canada has enough food, but COVID-19 brings challenges

    Higher prices and less variety on store shelves is a possibility as the agriculture industry confronts a wide range of challenges created by COVID-19.
  • PECO Car Wash Systems selected for 'World's Greatest!' television series

    How2Media, the producers of the television show “World’s Greatest!...” selected PECO Car Wash Systems to be a part of the popular television series.
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  • Companies rush to pivot advertising plans during COVID-19 pandemic

    As the COVID-19 pandemic started to spread, Tim Hortons reviewed its advertising plans and decided they no longer made sense as store closures, wide-scale layoffs and physical distancing upended life in Canada.
  • Newfoundland minister says food supply safe after shipping company raises concerns

    A provincial cabinet minister is advising Newfoundlanders and Labradorians not to panic buy groceries after a major shipping company suggested shipments to Newfoundland could be reduced due to the pandemic.
  • Canadian oilpatch cutbacks expected to continue despite OPEC agreement

    Canadian oil wells will continue to be shut down amid weak global oil prices despite an agreement to limit production struck by OPEC and other major producers on the weekend, producers say.
  • Cracking down on price gouging

    Canadians have been concerned about food supply and food prices since the start of the COVID-19 outbreak.
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