Canadian Retail Sales In March Saw Worst Drop On Record — And That’S Just The Start

How to prepare yourself as Canada’s unemployment rate rises: Postmedia

With the unemployment rate rising month-over-month no one's job is completely safe.

Canadian retail sales in March saw worst drop on record — and that’s just the start: Jake Edmiston

Only 38 per cent of people say they feel safe going to a store

Hertz preparing to file for bankruptcy as soon as Friday night- WSJ - Financial Post:

  1. Hertz preparing to file for bankruptcy as soon as Friday night- WSJ Financial Post
  2. Hertz Set to Join 'No-Coupon' Club Bloomberg Markets and Finance
  3. Hertz Preparing Bankruptcy Filing as Soon as This Weekend The Wall Street Journa…

As recession reshapes consumer and corporate behaviour, smart companies will seize chance to change: Kevin Carmichael

Kevin Carmichael: Existing companies must pivot towards sources of new demand, provided their managers are talented enough to act

Here’s all the financial relief the government is offering seniors and what might be on tap: Jamie Golombek

Jamie Golombek: Seniors hit hard financially by the pandemic are getting some additional support with the potential for more later

Howard Levitt: My employees say they have COVID-19 symptoms. I don’t believe them and want them back. What can I do?: Howard Levitt

Workplace law expert answers your questions about the COVID-19 pandemic

Growth stocks are having a moment, but here’s why you shouldn’t forget value plays: Tom Bradley

Tom Bradley: Value managers are living a nightmare at the moment — but they're also excited about the outlook for their portfolios

Apps to book elevator rides, masks and staggered shifts: Toronto bankers get glimpse of new office normal: Bloomberg News

Cadillac Fairview, owner of TD Centre and RBC Centre, says office workers should brace for dramatic changes

Canadian retail sales have plunged by about one-quarter over the past two months: Bloomberg News

Data out today showed retail sales down 10% in March and another 16% in April — both are record declines

Google’s ad dominance could lead to antitrust probe: Yale professor: Barbara Shecter

'Virtually all roads lead through Google,' to the detriment of consumers and businesses

Three reasons why you shouldn’t put off your estate planning: Postmedia

Estate planning can be a positive experience with the right resources.

Downsizing in decimated Alberta housing market the key to securing this senior’s retirement: Andrew Allentuck

Sarah’s retirement plans are complicated by the downturn in the Alberta property market

UPDATE 2-China drops GDP goal, vows spending as virus overshadows parliament: Reuters

(Adds comments from economists) By Kevin Yao and Judy Hua BEIJING, May 22 (Reuters) — China dropped its annual growth target for the first time on Friday and pledged more government spending as the COVID-19 pandemic hammers the world’s second-biggest economy,…

Roche buys U.S. gene sequencing tech company Stratos Genomics - Financial Post:

ZURICH — Pharmaceutical group Roche has acquired U.S.-based Stratos Genomics to further develop DNA-based sequencing for diagnostic use, it said on Friday.“The acquisition provides Roch…

How the Bank of Canada could play a role in saving oilsands companies — and the environment: Kevin Carmichael

Kevin Carmichael: As a neutral voice, it could put the spotlight on the need to buoy green policies just as it is doing for the oilpatch

Lululemon Hits Record on High Hopes for Athleisure Trend: Bloomberg News

(Bloomberg) — Lululemon Athletica Inc. notched an all-time high Thursday after shares climbed 92% from a low in March as Wall Street bet that those working from home would purchase more athleisure wear.The company’s product categories are in the sweet spot ri…

Lululemon hits record high as athleisure emerges as a winner in work-from-home world: Bloomberg News

Shares climbed 92 per cent from a low in March

CERB-like mechanism could help country respond to future economic shocks: Poloz: The Canadian Press

Bank of Canada governor says such a program would help because the central bank will likely have less policy room to manoeuvre when the next shock rolls around

The unintended consequences of doubling the minimum down payment on a house - Financial Post:

  1. The unintended consequences of doubling the minimum down payment on a house Financial Post
  2. The Canadian government kneecapping its own housing market is unprecedented ForexLive
  3. CMHC's Gloomy Outlook: Up to 18% Drop in Home Prices…

Nightclub king scrambles to salvage his empire as social distancing pummels hospitality sector: Vanmala Subramaniam

'Shocking, sad, draining, straining: I don’t have a good adjective for this,' Charles Khabouth says after lockdown halts business virtually overnight

[news curation]@wakanda-forever

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