Finance & Taxation

62 results

Canada Emergency Wage Subsidy (CEWS) extended into December

Prime Minister Justin Trudeau announced the Canada Emergency Wage Subsidy (CEWS) program will be extended until December, providing greater certainty and support to businesses. The full details about ...Learn More

Bank of Canada’s recently-released Canadian Survey of Consumer Expectations revealed a cautious Canadian consumer in mid-to-late May 2020

For retailers planning the “new normal,” the Bank of Canada report on Canadian Survey of Consumer Expectations snapshots consumers’ views on inflation, the labour market, household finances and ...Learn More

StatCan Labour Survey Report for June 2020: Retail employment rebounds as COVID-19 restrictions ease

The gradual easing of restrictions and the reopening of the economy continued to present both opportunities and challenges for employers and workers. With the easing of COVID-19 restrictions in May an...Learn More

Retail By The Numbers

Retail By The Numbers is a monthly report issued by Retail Council of Canada. It consolidates Statistics Canada data and provides a summary of key performance measures for retail trade by sales sector...Learn More

OECD 2020 Employment Outlook released

As the effects of the pandemic and containment measures hit OECD economies, millions of people have been unable to go to work, resulting in an exceptionally stark drop in activity and unprecedented jo...Learn More

Bank of Canada releases Business Outlook Survey — Summer 2020

The Bank of Canada released its quarterly summary. Results from the summer Business Outlook Survey suggest that business sentiment is strongly negative in all regions and sectors due to impacts from t...Learn More

Montreal retailers face their most challenging times after reopening. (Montreal Gazette)

Marc Fortin, president of the Retail Council of Canada-Quebec, said many retailers are facing cash flow issues. He said some retailers have had no revenue for three months, but were expected to pay re...Learn More

An additional month of CECRA rent relief

Earlier today, the Prime Minister announced an extension of the Canada Emergency Commercial Rent Assistance Program (CECRA) to cover the month of July 2020 – in addition to April, May and June 2020 ...Learn More

Shopping malls might not be coming back

After rent came due on June 1, nearly half of the members of the Retail Council of Canada reported they had not been able to pay their rent at all; over a quarter of them said that landlords had threa...Learn More

RCC’s Karl Littler, SVP Public Affairs, Retail Council of Canada, discusses government relief programs, retail recovery and guidance, eCommerce, PPE, and consumer confidence. (The FEED)

1059TheRegion · The FEED – 2020-06-20 | Monte McNaughton/Retail Council of Canada/Sixth Sense/Work at Home and more...Learn More

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