Today’s Top Story
Our Response To Today’s Labour Force Survey Figures
Today’s Labour Force data show that another one million Canadians have made their way back to work as provinces and territories continue to reopen their economies, albeit at different stages. We see some green shoots in today’s numbers, at least in COVID-19 terms, with the unemployment rate improving to 12.3%. Any recovery will be underpinned by how effectively Canadians can get back to work. In order to put wind into the recovery’s sails, we need to develop an efficient path away from emergency subsidies and towards a growth-driven recovery.
For Your Attention
Mark Agnew Appears Before The House Standing Committee On International Trade
On July 9, 2020, Mark Agnew, our Senior Director of International Policy, appeared as a witness before the House of Commons Standing Committee on International Trade (CIIT). In his remarks, he discussed our recommendations for supply chain resiliency, the coming into force of CUSMA and addressing remaining trade concerns with the U.S., and the urgency of Canada completing a bilateral trade agreement with the U.K.
Governments Of Ontario And Canada Provide Additional Insurance Coverage For Farmers
Ontario farmers, already enrolled in an eligible production insurance plan, who suffer from crop losses due to labour disruptions during the 2020 growing season will have access to further insurance coverage through Agricorp. The added insurance coverage will include:
- Inability to attract sufficient on-farm labour due to COVID-19
- Illness or quarantine of on-farm labour and the producer due to COVID-19
Farmers will be expected to notify Agricorp as soon as possible if they experience COVID-19 related labour disruptions that are having an impact on their crops.
Free Upcoming Webinars
July 14, 1:00 p.m. ET | Maintaining Business Continuity Through COVID-19 And Beyond, Hosted By Rogers
Join us for a webinar on July 14 at 1:00 p.m. ET to hear from Rogers Product Management executives on how to ensure that your business remains operational and your teams stay productive during these changing workplace environments.
The discussion will cover:
- How to equip employees to work safely and effectively from home
- How to continue providing the same level of service to your customers
- How to access and protect your business data from anywhere
July 15, 1:00 p.m. ET | From Far And Wide: Canada’s Accelerated Technology Landscape, Hosted By Global Public Affairs
Beyond just a surge of innovation, the tech sector in Canada is accelerating in growth and stature. Some of Canada’s fastest-growing and largest organizations are technology companies. Many of our legacy companies are adapting to digitization, and the need for this transition is even more urgent since the pandemic.
Legendary Canadian journalist Tom Clark will moderate the panel of speakers, which includes Nicole Brassard (Senior Consultant, Technology, Global Public Affairs), Razor Suleman (CEO, Elevate), and Perrin Beatty (President and CEO, Canadian Chamber of Commerce).
July 16, 11:00 a.m. ET | Foreign Interference Risks For Canadian Businesses, Briefing With Canadian Security Intelligence Service (CSIS)
Canadian companies need to remain competitive to both sustain our domestic capacity to produce innovative products and to be a leader in global supply chains. However, in a competitive global environment, significant risks exist for Canadian companies as countries with hostile intents seek to undermine Canada’s economic security. Although espionage and foreign interference are not new, the global pandemic has changed the dynamics of the threat environment.
The CSIS economic security division will lead the briefing on the foreign interference risks for Canadian companies and ways to mitigate those challenges. There will also be an opportunity for Q&A with participants.
How We’re Helping Canadian Business
CBRN Small Business Relief Fund Grant Spotlight: Prince Rupert, British Columbia’s Fukasaku
Congratulations to Fukasaku, a local restaurant in Prince Rupert, British Columbia for being awarded a $10,000 CBRN Small Business Relief Fund grant. “I was planning to diversify my business to stabilize it and to contribute to the local community much more before these crazy times,” said Dai Fukasaku, owner of Fukasaku. “Though I was ready to move forward, I have to admit that I was relying on the revenue coming from this summer to cover the cost of this project. This grant sure will help me to fill the financial gap created by this pandemic and motivate myself to move to next stage”.
A #TeamCanada Approach
Our member 3M Canada has managed to keep the cost of their N95 masks the same as prior to the pandemic. 3M has also been taking legal action against the production of counterfeit masks and high prices of essential equipment, and have launched an anti-fraud page to combat these practices.