Today’s Top Story
Government Announces Support For Agriculture Sector
Today, the Government of Canada announced $252 million to support farmers, food businesses and food processors that provide essential services to Canadians every day by ensuring a safe and reliable food supply. The government also announced that it intends to propose an additional $200 million in borrowing capacity for the sector. More information.
For Your Attention
Canadian Chamber Says Agri-Sector Funding Falls Short And Calls On Government To Provide More Meaningful Assistance
The supports announced today are a first step but they fall short of what the sector needs and will lead to delays in the ability of agriculture firms to address the impacts of COVID-19. The sector will inevitably require more assistance in the future, and many businesses will suffer in the interim. Read the statement.
Aaron Henry: A Disorderly Transition Of The Energy Sector Is Bad News For Climate Aspirations
Renewable energy and oil and gas companies are increasingly in a symbiotic relationship of creating opportunities for one another. A sudden and sharp contraction in the oil and gas sector will disrupt this ecosystem and shrink the opportunities and sap the momentum from the very technologies and energy options that opponents of the oil and gas industry wish to see form the foundations of our energy system. Read more.
Ryan Greer: Discussing Reopening, Incentives To Work And The ‘New Normal’ For Canadian Companies
Our Senior Director and Cannabis Policy Lead, Ryan Greer, joined CTV News yesterday to discuss the first phase of businesses reopening in several provinces, incentives to return to work and the ‘new normal’ for Canadian companies amid the COVID-19 pandemic. Watch now.
Payroll Continuity Planning: How Prepared Is Your Organization?
The Canadian Payroll Association has made an archived version of this webinar available to businesses at no cost. Learn about the benefits of having a payroll continuity plan in place, along with key considerations and a step-by-step process to build your plan. Watch the webinar.
CEWS Webinar For SMEs
The Canada Revenue Agency (CRA) will host an interactive question and answer session for the small and medium business sector on the Canada Emergency Wage Subsidy (CEWS). The session will respond to general questions about the CEWS and provide resources needed to apply.
Due to space limitations, the CRA asks that each organization only have one participant register and participate in the session. Register now.
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
Air Canada CleanCare+
To ensure you can fly with confidence, Air Canada is introducing an industry-leading program committed to end-to-end health and safety protocols. Air Canada CleanCare+ is a comprehensive program for personal safety and enhanced aircraft grooming to provide customers greater peace of mind during all stages of travel.
The new program is designed to reduce the risk of exposure to COVID-19 through such measures as mandatory pre-flight customer temperature checks, health questionnaires, seat assignment policies to allow for more personal space in Economy Class on all flights until June 30, 2020 and by providing all customers with care kits for hand cleaning and hygiene. More information.
Thank you to our member RBC for supporting the new 10-part #SmallBusinessMatters series, available at the Chatter That Matters podcast, bringing together business owners and experts to share insights, advice and tips for surviving COVID-19. Listen now.
Barry F. Lorenzetti Foundation
Barry F. Lorenzetti, President, CEO and Founder of BFL Canada and Founder and Chairman of the Barry F. Lorenzetti Foundation, donated 5,000 free lunches for hospital workers to express their recognition and gratitude for MUHC #hospitalheroes. More information.
PCL Construction is doing everything it can across the company in regards to charitable giving during the pandemic, while also working to support front-line workers, trade partners and their communities. PCL is currently building portable virus testing centers to help with the massive amount of COVID-19 testing needed across North America. PCL Ottawa dropped off 15 negative air machines (Predator 750 units) to The Ottawa Hospital. In Edmonton, PCL’s industrial group was able to donate almost 1,000 N95 facemasks to front-line health care workers at Alberta Health Services.
If you know of a business that has taken steps to help Canadians through this pandemic, please contact us.