As Recession Reshapes Consumer And Corporate Behaviour, Smart Companies Will Seize Chance To Change

## [Canadian retail sales in March saw worst drop on record — and that’s just the start: Jake Edmiston](
> Only 38 per cent of people say they feel safe going to a store
## [Hertz preparing to file for bankruptcy as soon as Friday night- WSJ - Financial Post: ](
  1. Hertz preparing to file for bankruptcy as soon as Friday night- WSJ  Financial Post
  2. Hertz Set to Join 'No-Coupon' Club  Bloomberg Markets and Finance
  3. Hertz Preparing Bankruptcy Filing as Soon as This Weekend  The Wall Street Journa…
    ## [As recession reshapes consumer and corporate behaviour, smart companies will seize chance to change: Kevin Carmichael](
    > Kevin Carmichael: Existing companies must pivot towards sources of new demand, provided their managers are talented enough to act
    ## [Here’s all the financial relief the government is offering seniors and what might be on tap: Jamie Golombek](
    > Jamie Golombek: Seniors hit hard financially by the pandemic are getting some additional support with the potential for more later
    ## [Howard Levitt: My employees say they have COVID-19 symptoms. I don’t believe them and want them back. What can I do?: Howard Levitt](
    > Workplace law expert answers your questions about the COVID-19 pandemic
    ## [Growth stocks are having a moment, but here’s why you shouldn’t forget value plays: Tom Bradley](
    > Tom Bradley: Value managers are living a nightmare at the moment — but they're also excited about the outlook for their portfolios
    ## [Apps to book elevator rides, masks and staggered shifts: Toronto bankers get glimpse of new office normal: Bloomberg News](
    > Cadillac Fairview, owner of TD Centre and RBC Centre, says office workers should brace for dramatic changes
    ## [Canadian retail sales have plunged by about one-quarter over the past two months: Bloomberg News](
    > Data out today showed retail sales down 10% in March and another 16% in April — both are record declines
    ## [Google’s ad dominance could lead to antitrust probe: Yale professor: Barbara Shecter](
    > 'Virtually all roads lead through Google,' to the detriment of consumers and businesses
    ## [Three reasons why you shouldn’t put off your estate planning: Postmedia](
    > Estate planning can be a positive experience with the right resources.
    ## [Downsizing in decimated Alberta housing market the key to securing this senior’s retirement: Andrew Allentuck](
    > Sarah’s retirement plans are complicated by the downturn in the Alberta property market
    ## [UPDATE 2-China drops GDP goal, vows spending as virus overshadows parliament: Reuters](
    > (Adds comments from economists) By Kevin Yao and Judy Hua BEIJING, May 22 (Reuters) — China dropped its annual growth target for the first time on Friday and pledged more government spending as the COVID-19 pandemic hammers the world’s second-biggest economy,…
    ## [Roche buys U.S. gene sequencing tech company Stratos Genomics - Financial Post: ](
    > ZURICH — Pharmaceutical group Roche has acquired U.S.-based Stratos Genomics to further develop DNA-based sequencing for diagnostic use, it said on Friday.“The acquisition provides Roch…
    ## [How the Bank of Canada could play a role in saving oilsands companies — and the environment: Kevin Carmichael](
    > Kevin Carmichael: As a neutral voice, it could put the spotlight on the need to buoy green policies just as it is doing for the oilpatch
    ## [Lululemon Hits Record on High Hopes for Athleisure Trend: Bloomberg News](
    > (Bloomberg) — Lululemon Athletica Inc. notched an all-time high Thursday after shares climbed 92% from a low in March as Wall Street bet that those working from home would purchase more athleisure wear.The company’s product categories are in the sweet spot ri…
    ## [Lululemon hits record high as athleisure emerges as a winner in work-from-home world: Bloomberg News](
    > Shares climbed 92 per cent from a low in March
    ## [CERB-like mechanism could help country respond to future economic shocks: Poloz: The Canadian Press](
    > Bank of Canada governor says such a program would help because the central bank will likely have less policy room to manoeuvre when the next shock rolls around
    ## [The unintended consequences of doubling the minimum down payment on a house - Financial Post: ](
    1. The unintended consequences of doubling the minimum down payment on a house  Financial Post
    2. The Canadian government kneecapping its own housing market is unprecedented  ForexLive
    3. CMHC's Gloomy Outlook: Up to 18% Drop in Home Prices…
      ## [Nightclub king scrambles to salvage his empire as social distancing pummels hospitality sector: Vanmala Subramaniam](
      > 'Shocking, sad, draining, straining: I don’t have a good adjective for this,' Charles Khabouth says after lockdown halts business virtually overnight
      ## [UPDATE 1-Amazon pushes Prime Day to September as it returns to normalcy – WSJ: Reuters](
      > (Adds background) May 21 (Reuters) — Inc is scheduling its annual Prime Day shopping event for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported on Thursday, citing people familiar wit…
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