Today’s Top Story
Canadian Chamber Launches National Food Services Working Group To Bolster Economic Recovery
We have launched the National Food Services Working Group to address the economic challenges of the food services industry. With approximately 98,000 foodservice establishments in Canada, the industry is integral to the economic vibrancy of communities. Co-chaired by David Lefebvre of Restaurants Canada and Steve Zmudczynski of Molson Coors Beverage Company, the Working Group is comprised of the presidents and CEOs of many of Canada’s best-known food service and restaurant brands.
For Your Attention
Canada Emergency Response Benefit (CERB) Extended To Cover 24 Weeks
The government is extending the CERB from the current 16 weeks of eligibility to up to 24 weeks. The CERB provides financial support to employed and self-employed Canadians who are directly affected by COVID-19. Canadians may apply for the CERB through either Service Canada or the Canada Revenue Agency—but not both.
Applications For Surplus Food Rescue Program Now Available
Farmers may apply for the previously announced food-buying program. The Government of Canada is purchasing some of the surplus food now being produced and will redistribute it to those in need.
Canada-U.S. Land Border To Be Closed For A Further 30 Days
The Government of Canada has announced an agreement with the U.S. to keep the border closed for an additional 30 days, extending the closure to July 21, 2020.
Small Business, Big Pivot
In a new report, Small Business, Big Pivot, RBC Thought Leadership lays out a five-point plan to help Canadian small businesses thrive in a post-pandemic economy. Small businesses represent 42% of Canada’s GDP and accounted for almost double the rate of job losses as mid-sized and large firms during the first two months of the global pandemic. Canada’s rebuild will depend on small businesses’ rebound, but the rebound can’t be back to something that worked in the past. It needs to propel smaller enterprises forward into a different economy. This report outlines what that path forward could look like.
June 2020 Statement By The World Trade Organization Ottawa Group
Canada has convened the Ottawa Group to discuss the how governments can use the WTO to respond to COVID-19. Specific measures agreed by the member countries of the Ottawa Group include greater transparency on trade measures enacted by governments, supporting the transition to e-commerce for businesses, and facilitating the trade of medical supplies.
Webinar | Physical Return To Work: Practical Realities And Transformative Opportunities, With EY
Organizations are faced with a new duality of safely transitioning people back to physical locations while reimagining the future of work and business. Join us on June 17 at 3:00 p.m. ET to learn about:
- Operational resilience
- Health and safety considerations for a physical return to work
- Technology and cybersecurity concerns
- The workforce of the future
Webinar | Take Control Of Your Business, With Sysential
Join us on June 22 at 1:30 p.m. ET to learn about three simple and essential tools to help your business survive and thrive in a period of extreme uncertainty. Sysential works with entrepreneurial organizations, specifically their owners and leaders, to get more of what they want from their business by helping to implement proven tools and a complete business system called EOS – the Entrepreneurial Operating System®.
Webinar | Building A Resilient Workforce That Can Thrive In The Next Normal, With Deloitte
An estimated 2.7 billion workers worldwide have been affected by full or partial lockdowns, according to the United Nations’ labour body, the International Labour Organization. Deloitte’s 2020 Global Human Capital Trends report, The social enterprise at work: Paradox as a path forward, comes at a time when the pandemic has forced a rethink of workforce strategies. This discussion will focus on the big workforce issues impacting work, workers, workplace, culture and leadership that organizations must consider to create a resilient workforce prepared to thrive in our next normal. This webinar will take place on June 23 at 1:00 p.m. ET.
Managing Your Cash Flow During COVID-19—And Beyond
Following the COVID-19 outbreak, Canada’s businesses have suffered their greatest economic shock in living memory. For exporters and non-exporters alike, the global pandemic has upended revenue forecasts, demolished growth projections and slowed cash flows to a trickle. How we respond to this extraordinary and evolving situation will affect Canada and Canadian companies for years to come. Read more about Export Development Canada’s (EDC) insights into how businesses can manage costs and revenue to sustain cash flow and find current and future market opportunities in a post-COVID-19 environment.
How We’re Helping Canadian Business
Dr. Trevin Stratton In The Hill Times On The Roadmap To Recovery
In the middle of a once-in-a-century pandemic, it is difficult for Canadians, their families, businesses and governments to look beyond confronting the immediate effects of COVID-19. However, even as Canadians continue supporting each other today, we must also begin looking over the horizon to the post-COVID-19 world to start planning how our country and economy can emerge stronger.