Today’s Top Story
Canada Emergency Wage Subsidy (CEWS) To Be Extended Until December
This morning the Government of Canada announced its intention to extend the CEWS program until December. Details on the extension are expected to be released later this week. We commented that news of the extension was positive, but a successful CEWS update must also expand revenue eligibility and provide absolute clarity and consistency about the criteria for eligibility. Too many businesses are still uncertain about their ability to qualify for the program.
For Your Attention
Infographics: Deeper Insight And Analysis From The Canadian Survey On Business Conditions
As part of our efforts to better understand what Canadian businesses are experiencing during COVID-19, we have partnered with Deloitte Canada to develop deeper insight and analysis into the Canadian Survey on Business Conditions (CSBC). Deloitte Canada’s research is included below; please share this research through your social media channels. The second wave of the CSBC will be released tomorrow, July 14, and will feature an update to these findings and new areas of research.
Commentary: Are We #TeamCanada – Or Not?
Today we find ourselves at a crossroads. Will we continue down the same old path, where provincial protectionism is permitted to stymie opportunity and growth or, once and for all, come together and have truly free trade within the Canadian federation? It’s a simple question but the answer has big implications for our economic recovery from COVID-19. Harrison Ruess, our Public Affairs Advisor, talks about breaking down trade barriers within Canada.
TELUS Talks With Hon. Perrin Beatty
COVID-19 has had a profound impact on the global economy. Everyone is feeling the effects – from families, to small businesses to big companies. The Hon. Perrin Beatty, our President and CEO, discusses what recovery looks like and where our nation’s economy is headed in the latest TELUS Talks podcast with Tamara Taggart.
Government Of Canada Announces Funding To Help Improve Women’s Economic Security In The Mauricie Region Of Quebec
The federal government announced $249,066 for a project that increases women’s economic security and prosperity in the Mauricie region of Quebec to address the impact of COVID-19 on women specifically.
Government Proposes To Help Junior Mining Companies By Extending The Timelines For Flow-Through Share Capital Spending
The federal government is proposing to support junior mining exploration and other flow-through share issuers by extending the timelines for spending the capital they raise via flow-through shares by 12 months. A timeline for enabling legislation has not been provided.
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.
July 16, 1:00 p.m. ET | #PathToGrowth LIVE Featuring Arlene Dickinson
Join Salesforce this Thursday at 1:00 p.m. ET for a free virtual event featuring Canadian businesswoman Arlene Dickinson, along with a panel of notable innovators and business leaders, to discuss how businesses have been able to pivot, adapt and rise to new challenges amid COVID-19.
How We’re Helping Canadian Business
Jim Coffey Tells Us How Being A Recipient Of A $10,000 CBRN Grant Will Help His Business Remain Resilient
Due to the COVID-19 pandemic, small businesses all over Canada have been recovering and adjusting to the new normal. Esprit Rafting Adventures from Mansfield-et-Pontefract, Quebec is one of 62 small businesses that received a $10,000 CBRN grant. Watch owner Jim Coffey’s reaction to being told he’s a recipient of a $10,000 CBRN Small Business Relief Fund grant and find out how the money will help keep his business afloat.
A #TeamCanada Approach
Farm Credit Canada
Our member Farm Credit Canada has launched a $100-million Agriculture and Food Business Solutions Fund to support companies through unexpected business disruptions, such as the COVID-19 pandemic.
GM Canada
Last week, our member GM Canada celebrated the one millionth mask produced out of their Canadian Mask Making (CMM) room for the Government of Canada. This is the first millionth milestone in the journey to 10 million masks.