Daily COVID-19 Bulletin: May 4, 2020

Today’s Top Story

Reopening Canada’s Economy

The COVID-19 pandemic curve is starting to flatten; provinces and territories are allowing businesses to reopen, and Canada needs a plan to restart the economy. The Canadian Chamber of Commerce has identified five key areas that need to be part of the country’s strategy to reopen the economy quickly and safely. We also need to hear from you. More information.

Monday Minute: COVID-19 Edition

This #MondayMinute, our Senior Director of Tax and Financial Policy, Patrick Gill, delves into how our survey with Statistics Canada revealed the big business innovation story that’s going on amid social distancing.

For Your Attention

The Winnipeg & Manitoba Chambers Of Commerce Hosted Perrin Beatty And Trevin Stratton For A Q&A

Late last week, our President and CEO Perrin Beatty and our Chief Economist and VP of Policy Trevin Stratton spoke with Manitoba stakeholders on the state of Canadian business in the wake of the COVID-19 pandemic and how we can restart Canada’s economy. Watch now.

The Business Of Business: Staying Mentally Healthy During COVID-19

This week is Mental Health Week, a campaign that helps to shift societal beliefs and perceptions about mental health. It helps promote behaviours and attitudes that foster well-being, support good mental health and create a culture of understanding and acceptance.

In this edition of The Business of Business, Perrin Beatty, our President and CEO, has a conversation with Louise Bradley, President and CEO of the Mental Health Commission of Canada. They discuss the importance of prioritizing mental health and the practices businesses can implement to promote positive mental health throughout the COVID-19 pandemic.

As mentioned in the video, Louise Bradley shared her thoughts about carving out hope in the time of COVID-19 with The Telegram. Read her thoughts.

COVID-19 Supply Council

Our President and CEO, the Hon. Perrin Beatty PC, OC, has been invited to be part of the national COVID-19 Supply Council in partnership with the Government of Canada and 16 of Canada’s leading chief executives. More information.

How We’re Helping Canadian Business

KPMG Webinar: Merger And Acquisition Strategies, Succession Planning And Preparing For Recovery | May 6, 2:00 p.m. ET

According to our recent survey, 11% of mid- and large-sized companies have postponed major deals in response to COVID-19. Join professionals from KPMG’s deal advisory practice to learn more about post-pandemic merger and acquisition strategies, succession planning and preparing for the eventual rebound when we emerge from lockdown and deploy cash in an era of ultra-low interest rates. Register now.

Grant Thornton Webinar: The Canada Emergency Wage Subsidy Explained | May 7, 11:00 a.m. ET

The Canada Emergency Wage Subsidy (CEWS) was created to help businesses retain their workforce during the COVID-19 pandemic. Join John Di Liso, Tax Partner at Grant Thornton LLP, as he discusses the CEWS and tackles your frequently asked questions. Register now.

A #TeamCanada Approach

Telus

The TELUS Friendly Future Foundation announced a $250,000 donation to support homeless and marginalized Canadian citizens. This donation is part of a $10 million commitment to help support and enhance public healthcare capacity and community response across Canada. More information.

London Drugs

London Drugs, an icon in Western Canada, and member of a number of local chambers, is clearing some shelf space in select stores to give local small businesses the chance to sell their goods. The company says any small business in Western Canada that has had to close due to COVID-19 can submit products for consideration.

In select locations, the company will be transforming its centre aisles into a space to help local businesses sell their products. Small business owners can apply online to learn if their products qualify. Some rules and restrictions apply. Apply online.

University of Saskatchewan

Once the enormous impact of the pandemic on U of S students’ financial situation began to unfold, the university shifted its seventh annual One Day for Students fundraising campaign, which supports a student emergency fund, to an urgent call for support for students thrust into a financial emergency due to COVID-19. U of S alumni and community members supported the campaign in a remarkable way, raising more than $275,000 for the fund in three weeks and helping allay the immediate concerns for students as they worked to complete the semester remotely.


If you know of a business that has taken steps to help Canadians through this pandemic, please contact us.