Today’s Top Story
The Business Of Business: Canada’s Airline Industry Navigates The Challenges Of COVID-19
In this week’s edition of The Business of Business the Hon. Perrin Beatty, our President and CEO, is joined by Air Canada’s President and CEO, Calin Rovinescu, to give his thoughts and insight into the impact COVID-19 has had on Air Canada and Canada’s airline industry, as well as his recommendations for recovery and the path forward.
For Your Attention
The Bank Of Canada’s July 2020 Monetary Policy Report
The Bank of Canada expects a sharp rebound in economic activity in the reopening phase of the recovery, followed by a more prolonged recuperation phase, which will be uneven across regions and sectors. As a result, Canada’s economic output will likely take some time to return to its pre-COVID-19 level. Many workers and businesses can expect to face an extended period of difficulty.
Government Announces Changes To Facilitate Online Learning For International Students
The federal government has announced additional measures to support international students beginning a new program online this fall with a Canadian learning institution, if their institution is offering the program online, so that they can pursue their education while ensuring everyone’s safety. The new measures include:
- Providing priority study-permit processing for students who have submitted a complete application online to ensure permits are processed as quickly as possible.
- Allowing students to count the time spent pursuing their studies online abroad toward their eligibility for a post-graduation work permit, if they have submitted a study permit application and if at least 50% of their program is completed in Canada.
- Providing reassurances to international students who cannot submit all of the documentation needed to complete processing of their applications, and who choose to pursue programs through distance learning, by implementing a temporary two-stage approval process.
The Hon. Perrin Beatty Appears On BNN Bloomberg To Discuss CEWS Extension
The Government of Canada announced intentions to extend the CEWS program until December. Our President and CEO, the Hon. Perrin Beatty, explains what this means for Canadian businesses in his recent interview with BNN Bloomberg.
Webinar Recording: Technology Trends And Business Continuity, With Cisco
We were joined by Lisa Richardson, Vice President of Solution Sales, and Wayne Cuervo, Director of Innovation at Cisco Canada for a webinar moderated by Ulrike Bahr-Gedalia, our Senior Director, Digital Economy, Technology and Innovation, to discuss reevaluating digital transformation strategies so that Canadian businesses can meet customer needs and thrive long-term.
CFIA’s Toolkit For Food Businesses
If your business is new to federal food regulations, follow these steps from the Canada Food Inspection Agency (CFIA) to help understand the requirements of the Safe Food for Canadians Regulations (SFCR), as well as other food-related requirements.
Free Upcoming Webinars
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 20, 2:00 p.m. ET | How To Support Employees’ Mental Health And Well-Being During COVID-19 And Beyond, Hosted By Sun Life
In a recent survey by Sun Life, over half (56%) of Canadians surveyed said COVID-19 is negatively impacting their mental health. Join this discussion to learn how to develop and maintain a positive mental health environment in your organization with speaker Carmen Bellows, Registered Psychologist, Director Mental Health Solutions at Sun Life Financial.
July 22, 1:00 p.m. ET | Working Remotely Through A Crisis And Flex Work Long Term, Hosted By Canadian Western Bank
Join us for a webinar with Canadian Western Bank’s Chief Information Security Officer and Senior Vice President of Client Solutions to discuss the future of working remotely through a crisis and the long-term outlook for flex work. Get tips for setting up effective work areas for employees, how to support employees’ mental health and what major cyber security threats exist for SMEs now and post-pandemic.
How We’re Helping Canadian Business
CBRN Grant Recipient The Beauty Barn Finds Beauty Amid COVID-19 Pandemic
CBRN grant recipient, The Beauty Barn, is country spa, salon and boutique. The business offers its services to immune-compromised individuals as well as the general public and relies on face-to-face and full contact services. The Beauty Barn was hit hard and had to close its doors due to the COVID-19 pandemic. Read what owner Corrie Gallant plans to do with the $10,000 grant to help her business remain resilient.
A #TeamCanada Approach
Our member Fairfax donated $1 million to food banks and humanitarian organizations providing relief services during the COVID-19 pandemic in Canada.