Feds invest $98M for the minerals and metals sector
The feds are supporting the Geo-mapping for Energy and Minerals program and the Targeted Geoscience Initiative
Feds announces $3M to support B.C. tech companies
Up to 2,500 innovation firms will benefit and the funding is expected to support about 1,000 jobs
WE sponsored travel for donors not the norm for other charities: experts
Morneau told the House of Commons finance committee last week he had freshly repaid WE Charity more than $41,000
Senate approves bill on wage subsidy, disability payments for COVID-19
Bill C-20 passed on a voice vote without changes
Tesla makes US$104M profit in 2Q despite factory shutdown
Picked a site for its second US assembly plant, although the location wasn’t released.
Transform CERB into a basic annual income program for better Canada
A basic income program is necessary, but not sufficient, for a complete economic safety net, researchers suggest
Reviewing COVID-19 aid to prep for potential second wave: Trudeau [UPDATED]
The latest federal figures show direct spending at just over $174 billion.
Leverage government programs to achieve strategic growth objectives
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Ottawa to give $46 million to Quebec, Atlantic provinces to help boost tourism
Most of the funding for Atlantic Canada is coming from money already in the federal budget
$500 a week COVID-19 benefit to be extended eight weeks: PM
Government will look at international best practices to determine what further changes will be needed.
Significant changes to wage subsidy and CERB programs required: CFIB
Small business owners face significant barriers hiring or recalling staff as they return to work.
New AG says office narrowing focus on federal COVID-19 programs
Will be on how prepared federal officials were for the pandemic, as well as key parts of the federal response.
Feds want equity or cash from companies applying for COVID-19 loan
Terms are designed to make sure companies using the program receive bridge loans, not bailouts.
More financial support for businesses navigating COVID-19 crisis
Expanded Business Credit Availability Program supported by Export Development Canada.
Manufacturers plan for uncertain cash flow in 2020
… but 30% of SME survey respondents had challenges with managing cash flow.
