Speaking outside his Ottawa residence, Canadian Prime Minister Justin Trudeau said Wednesday that businesses facing a rent crunch will need to hold on through the COVID-19 pandemic and help with an eventual economic recovery, instead of closing up and slowing the rebound.
He said the government “really hopes” commercial landlords will apply for a federal program launching next week that would give companies a break on the rent, warning that they may find themselves out of cash in the future if they evict tenants now.
The federal government is offering bridge financing for big Canadian businesses across all sectors to help them keep employees on the payroll through the COVID-19 pandemic, but there are conditions attached — including a requirement that companies receiving the loans disclose their environmental plans.
To read more: https://www.cbc.ca/1.5564218
#COVID19 #coronavirus #Canada
»»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS
Connect with CBC News Online:
For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX
Find CBC News on Facebook: http://bit.ly/1WjG36m
Follow CBC News on Twitter: http://bit.ly/1sA5P9H
For breaking news on Twitter: http://bit.ly/1WjDyks
Follow CBC News on Instagram: http://bit.ly/1Z0iE7O
Canada’s airlines face a decline of epic proportions because of the COVID-19 pandemic. The lobby group that represents dozens of air carriers is warning that, without immediate support from Ottawa, airlines will fold.
To read more: http://cbc.ca/1.5516678
»»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS
Connect with CBC News Online:
For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX
Find CBC News on Facebook: http://bit.ly/1WjG36m
Follow CBC News on Twitter: http://bit.ly/1sA5P9H
For breaking news on Twitter: http://bit.ly/1WjDyks
Follow CBC News on Instagram: http://bit.ly/1Z0iE7O
Tilman Fertitta, CEO of Landry’s and owner of the Houston Rockets, explains how small business can pivot in crisis and stresses the immediate need to distribute money to the unemployed.
» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
» Watch more NBC video: http://bit.ly/MoreNBCNews
NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
Prime Minister Justin Trudeau discusses the Canada emergency business account, a federal government plan that will back interest-free bank loans of up to $40,000 for small businesses and not-for-profit companies.
To read more: https://www.cbc.ca/1.5529020
»»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS
Connect with CBC News Online:
For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX
Find CBC News on Facebook: http://bit.ly/1WjG36m
Follow CBC News on Twitter: http://bit.ly/1sA5P9H
For breaking news on Twitter: http://bit.ly/1WjDyks
Follow CBC News on Instagram: http://bit.ly/1Z0iE7O
Mark Cuban, owner of the Dallas Mavericks and star of ‘Shark Tank’ weighs in on entrepreneurship and SBA coroanvirus loans. #FoxNews #IngrahamAngle
FOX News operates the FOX News Channel (FNC), FOX Business Network (FBN), FOX News Radio, FOX News Headlines 24/7, FOXNews.com and the direct-to-consumer streaming service, FOX Nation. FOX News also produces FOX News Sunday on FOX Broadcasting Company and FOX News Edge. A top five-cable network, FNC has been the most-watched news channel in the country for 17 consecutive years. According to a 2018 Research Intelligencer study by Brand Keys, FOX News ranks as the second most trusted television brand in the country. Additionally, a Suffolk University/USA Today survey states Fox News is the most trusted source for television news or commentary in the country, while a 2017 Gallup/Knight Foundation survey found that among Americans who could name an objective news source, FOX News is the top-cited outlet. FNC is available in nearly 90 million homes and dominates the cable news landscape while routinely notching the top ten programs in the genre.
