Piza Today s coronavirus news: Britain tightens COVID rules as U.K. confirms two cases of Omicron variant; Ontario reports 854 cases, two deaths
TORONTO 鈥?Five things to watch this week in Canadian business:Pipe Dreams: There are expectations that a pipeline charm offensive in British Columbia could heat up this week. Alberta Premier Rachel Notley has said she will head to B.C. as early as this week to plead her case for the Trans Mountain expansion. The project has sparked fierce prote
stanley cup sts, particularly in the Vancouver area.Interest Rate Announcement: On Wednesday, the Bank of Canada will make its latest interest rate announcement. Since July 2015, the trend-setting rate has been set at 0.5 per cent. It widely expected to remain on hold, but observers will be looking carefully at the announcement for clues on the state of the economy. ARTICLE
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stanley mugs Retail Earnings: As the busy Christmas shopping season enters its final weeks, we will get a good look at how some of Canada retailers are faring. Hudson Bay, Sears, Dollarama and Lululemon are among those reporting quarterly results. Big Banks: The Bank of Montreal will issue its fourth-quarter and full-year results on Tuesday, wrapping up the parade of financial reports from Canada big banks. ARTICLE CONTINUES BELOW Oilpatch spending: Cenovus Energy Inc. will hold a conference call to discuss its 2017 capital budget. The company will talk about its spending plans for next year in the wake of a decision by OPEC to cut production that h Xdzd Greyhound s decision difficult : Trudeau
OTTAWA 鈥?A coalition of organizations representing the tourism sector says the federal government must keep its wage-subsidy program in place well into next year for businesses with dire prospects for recovery from the COVID-19 pandemic.The Coalition of Hardest Hit bus
stanley cup inesses says the phaseout of the Canada Emergency Wage Subsidy program beginning this month could mean the loss of millions of tourism jobs. The program sees the federal government cover as much as 75 per cent of wages depending on how much revenue a business has lost due to COVID-19. But it slated to wind down to a close in December, and the coalition says without it, there the risk many tourism-related businesses simply won ;t survive.Susie Grynol, the president of the Hotel Association of Canada, points out that the tourism sector can ;t pivot to online shopping or curbside pickup to try to make ends meet. She says the group understands and supports ongoing health restrictions but the pandemic has created Depression-era conditions, and operators are increasingly reportin
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stanley tumblers ll go under if support is not extended.This report by The Canadian Press was first published Sept. 17, 2020. ARTICLE CONTINUES BELOW By Stephanie Levitz, The Canadian Press