Kijiji is banning listings for health-care masks, hand sanitizer and other items in high demand amid the COVID-19 outbreak in an effort to stop price-gouging. The classifieds website made the announcement as it outlined best practices for buying and selling through the site during the pandemic. It says it’s also temporarily removing listings for “disinfecting…

Tourism businesses across the country are bracing for the impact of coronavirus on sales.  Smaller operators and those that rely heavily on visitors from abroad may be especially vulnerable to lost revenue, say industry experts.  The federal government announced Friday it will restrict the number of airports that can receive international flights. It is also evaluating whether entry…

Second Cup says it will no longer accept cash at its locations across Canada as the number of COVID-19 cases continue to rise. “While we know the risk level in Canada is currently considered low, we are operating from an abundance of caution,” company CEO Steven Pelton said in a statement tweeted out on Friday. The Canadian cafe chain will only…

Microsoft co-founder Bill Gates said Friday he is stepping down from the company’s board to focus on philanthropy. Gates was Microsoft’s CEO until 2000 and since then has gradually scaled back his involvement in the company he started with Paul Allen in 1975. He transitioned out of a day-to-day role in Microsoft in 2008 and…

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¾ percent, effective Monday, March 16, 2020. The Bank Rate is correspondingly 1 percent and the deposit rate is ½ percent. This unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada’s…