Canadian Federation of Independent Business

Small businesses may be the engine of the economy, but they’re often overlooked by governments and big businesses. That is why the Canadian Federation of Independent Business (CFIB) was founded—to represent the interests of small businesses, provide information and advice when they need it and negotiate with big providers on their behalf [...]


GSK Canada Shows How Companies Can Help During COVID- 19

The COVID-19 pandemic has demonstrated the need for organizations to be agile, collaborative and responsive, and to embrace new ways of working, says Alison Pozzobon, Head of Corporate Communications and Community Partnerships at GlaxoSmithKline (GSK) Canada. The global healthcare company has responded to that need by establishing four pillars for itself: charitable donations to [...]


Facebook sees signs of stability in ad spending

(Reuters) - Facebook Inc (FB.O) beat analysts’ estimates for quarterly revenue on Wednesday, and said it has seen signs of stability in ad spending during the first three weeks of April. Shares of the company, which owns WhatsApp and Instagram, were up 9% in extended trading. Advertisers have pulled or cut marketing budgets to [...]


Canadian dollar weakens as oil prices shrug off output cut

NEW YORK (Reuters) - The Canadian dollar was slightly weaker against its U.S. counterpart on Monday, as oil prices were largely unmoved by a landmark deal by OPEC and its allies to cut output. The Canadian dollar CAD=D4 was at C$1.3968 to the greenback, or 71.56 U.S. cents, weaker than Friday’s close of C$1.3953, [...]


TSX falls as coronavirus worries persist; oil stocks rise

(Reuters) - Canada’s main stock index reversed early gains to trade lower on Monday on persisting worries over the economic damage from coronavirus pandemic, although gains in energy stocks after major oil producers agreed to output cuts limited losses. Fears of a deep global recession continue to weigh on sentiment as the health crisis [...]


Canadian banks to hand out interest-free loans to small businesses

(Reuters) - Small and medium-sized businesses in Canada, which have been affected by the ongoing coronavirus crisis, will be able to access interest-free loans of up to $40,000 to meet their cash requirements, according to the Canadian Bankers’ Association. Under the new federal plan, businesses will be able to apply for loans online and [...]

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