COVID-19 cuts across workplace generational boundaries

Source: Youngest workers hit hardest by instability; older employees may postpone retirements The COVID-19 pandemic will have far-reaching effects on how Canadians in different age groups view their careers and work lives. Canada lost three million jobs in March and April because of restrictions aimed at fighting the pandemic, and the weekly work hours of another 2.5 million Canadians …

Leadership the Key to Post-COVID Recovery

Source: ALEXANDER LUTCHIN of CORNERSTONE TORONTO Across the world, we are collectively experiencing one of the most significant changes of our lives. The loss of physical touch, standing close to people without fear, and dinner out with friends. We have lost the option of celebrating milestone – birthdays, weddings, graduations, baby showers, holidays and cancelled vacations, the losses are mounting.

COVID-19: Most workers happy with transition to remote work

Source: But more than one-third feeling less productive: survey More than two-thirds of workers in Canada (67.91 per cent) have been asked by their employers to work from home amid the COVID-19 pandemic, and most of them say that their transition has been seamless. On a scale of one to five – with one being poor and five being …

‘Are we nuts?’ Meet Canadians who started businesses during the pandemic

Source: From pet services to food delivery and even advertising, many companies are forging ahead with launch plans Even with the country in lockdown, a number of Canadian entrepreneurs are plunging ahead with new ventures. Some are focusing their startup on issues related directly to the virus.

How to apply for the government’s $25-billion CEBA business loan program

Source: Here’s everything you need to know about the Canada Emergency Business Account The federal government has rolled out a series of measures to help Canadian businesses and families weather the COVID-19 pandemic. Here’s everything you need to know about the Canada Emergency Business Account, or CEBA:

Canada lost more than 1 million jobs last month as COVID-19 struck

Source: Economists had been expecting about half a million jobs to be lost Canada’s economy lost more than one million jobs in March, Statistics Canada said Thursday, pushing the jobless rate up to 7.8 per cent. Economists had been expecting the figure to come in at around 500,000 jobs lost, which already would have been the worst month for …

For graduating students, high anxiety as COVID-19 decimates job market

Source: Canadian postsecondary students are weeks away from stepping into a job market that is reeling from unprecedented layoffs, raising concern about how those returning to school in the fall will fund their studies and whether graduates will bear long-term scars of unfortunate timing.

Trudeau announces major wage subsidy hike for small businesses

Source: OTTAWA — Prime Minister Justin Trudeau has announced a major increase to the wage subsidy for small- and medium-sized businesses, boosting it to 75 per cent, up from the 10 per cent previously promised. This decision, to help “qualifying businesses” keep employees on staff, is being back-dated to March 15, with more information coming soon. Read more…