[unable to retrieve full-text content] The government has expanded the wage subsidy, but experts say some businesses may still struggle. The coronavirus outbreak has hit the economy hard, from the energy sector to small businesses. Source link…

With COVID-19 smothering the economy at large and closures strangling many small businesses, the government is creating a commercial rent relief program in partnership with the provinces and territories. Announced Thursday, its name has a familiar, urgent ring in keeping with other federal aid plans rolled out since the pandemic began: Canada Emergency Commercial Rent Assistance…

Nearly one month ago, Effie Poole was laid off from her job as a server when the restaurant she worked at in Burlington, Ont., closed due to COVID-19.  The 35-year-old mother of one is still waiting to qualify for federal emergency aid and was told the reason she hasn’t gotten it is that she’s pregnant.…

Transat A.T. Inc. plans to use the federal emergency wage subsidy to rehire 4,000 employees it had temporarily laid off after halting all flights due to the COVID-19 pandemic. Transat says the employees, 1,900 of whom are flight attendants, will not be required to work as part of their recall. The returning staff will receive…

Shares of Gilead Sciences Inc rose 10 per cent in early trading on Friday after a report that patients with COVID-19 treated with the company’s experimental drug, remdesivir, in a clinical trial showed rapid recovery in fever and respiratory symptoms. There are currently no approved treatments or vaccines for the coronavirus, which has infected 2.14 million…

Small businesses are hoping for promised rent relief from both landlords and government as the COVID-19-related shutdown drags on and their bills pile up. The urgency comes as some landlords have already started issuing eviction notices for businesses that didn’t pay April rent, while those who were able to pay are stressed about the months…