Loss of international students a blow to Canadian schools

Foreign students spent about $23.6 billion in Canada last year and much of that income will be lost as a result of COVID-19

Loss of international students a blow to Canadian schoolsSome industries are obvious victims of the COVID-19 pandemic and the resulting economic downturn. Everybody knows that businesses in the travel and hospitality sector, especially at the international level, have taken a serious if not lethal blow. Even with government aid, airlines, cruise ships, hotels and tourist attractions will have great difficulty rebuilding and even…

Federal standards, investment urged to fix long-term care system

Immediate improvements for nursing home workforce needed before next crisis hits, says U of A researcher

Federal standards, investment urged to fix long-term care systemCanada needs to take immediate actions to ensure nursing homes are ready for a possible second wave of COVID-19, according to a University of Alberta researcher and chair of an expert working group charged with solving Canada’s long-term care collapse. “If we do nothing else, in the short and longer term, the workforce has to…

Canada’s donor base needs a government boost

A temporary dollar-for-dollar matching program is affordable – and necessary for the health of the charitable sector

Canada’s donor base needs a government boostWhen it comes to shoring up Canada’s troubled charitable sector, we’ve heard good words. “I appreciate the need to protect the entire (charitable) sector to keep it resilient, to make sure that it thrives and doesn't collapse and comes out strong after COVID-19 is over,” federal Social Development Minister Ahmed Hussen told the Canadian Press…

Business sentiment in Canada plunges due to COVID crisis

Nearly half of all businesses reported an outright decline of their sales in the past 12 months because of the impacts from COVID‑19, low energy prices

Business sentiment in Canada plunges due to COVID crisisWidespread negative business sentiment caused by the effects of the COVID‑19 pandemic is reflected in a sharp fall in the Bank of Canada’s Business Outlook Survey indicator, which dropped close to the trough experienced during the 2007–09 global financial crisis.  “Since the previous survey, conducted before concerns around COVID‑19 had intensified but as oil prices…

State of small business in Canada

Dan Kelly, President of the Canadian Federation of Independent Business, talks about the state of small business in Canada today amid the COVID crisis

On today's episode of Business Insider with Mario Toneguzzi, Dan Kelly, President of the Canadian Federation of Independent Business, talks about the state of small business in Canada today amid the COVID crisis. 

Post-secondary students experiencing financial concerns

35 % of post-secondary students said they no longer have a job placement or summer job this year, and 33% have lost income due to a reduction of work hours

Post-secondary students experiencing financial concernsA new poll, released Monday by CIBC, indicates that  87 per cent of post-secondary students in Canada are experiencing one or more financial concerns including how tuition and living expenses will be funded next term.  The poll also found that 68 per cent indicate their income would be impacted by the pandemic, compared to 36…

Alberta government distributing another 20 million masks

In June, 20 million masks were distributed through restaurant partners, municipalities, long-term care facilities, First Nations and Metis Settlements.

Alberta government distributing another 20 million masksThe Alberta government is distributing another 20 million free non-medical masks which will soon be available at A&W, McDonald’s Canada, and Tim Hortons locations across Alberta. The government said distribution of masks through these restaurant partners will resume on July 13. In June, it said, 20 million masks were distributed through restaurant partners, municipalities, long-term…

The grief of business ownership after Covid-19

With the loss of traditional connections and communities, businesses face a cycle of grief. How do you let go and move on?

The grief of business ownership after Covid-19There has been global grief recently as a result of COVID-19. Many businesses have lost their identity in the process. Uncertain how to let go of what once was, scared to move forward for fear of throwing out a previously viable vision, leaders are challenged to find their space within this new era of business.…

Our pandemic response seems like a guessing game

From suspect modelling to poor stockpiling to a lack of perspective on historic events, we failed to be ready for COVID-19

Our pandemic response seems like a guessing gameBy Deborah Prabhu and Allan Bonner Where will the COVID-19 pandemic fit into history? What will be the lessons learned, if any? Our guess is we’re learning how little we did to prepare and how much we’re guessing in response as we go along. We had three pandemics in the 20th century. The Spanish Flu…

Five ways COVID-19 will change the food business

New eating and shopping habits likely here to stay as pandemic measures ease, U of A food economist predicts

Five ways COVID-19 will change the food businessEating at home more and sticking with online delivery or takeout are habits likely to persist even as pandemic measures ease, according to one expert. “The ‘new normal’ is unlikely to be the same for retail and food service as life was in January of 2020,” when the first case of COVID-19 was reported in…
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