‘Prisoners Of Their Property’, Couple Owing $763,000 On Five Mortgages Need To Sell Home To Spend Winters In Central America


Canada lost almost two million jobs in April; jobless rate soars to 13%: Reuters



The loss of 1,993,800 comes on top of more than one million jobs lost in March

‘Prisoners of their property’, couple owing $763,000 on five mortgages need to sell home to spend winters in Central America: Andrew Allentuck



Even then expenses would exceed income so cost cuts needed

Howard Levitt: We are going to see wrongful dismissal cases in numbers eclipsing what we have witnessed before: Howard Levitt



Many businesses will not recover and others have laid off employees they never intended to call back

Five ways to successfully manage and lead teams working remotely: Postmedia



The reality is that we could all use a bit of help when it comes to adapting to this new work environment.

Home Capital sees profits dip as loan losses from economic downturn loom: Geoff Zochodne



Provisions for credit losses were $30.2 million, an increase of 397.9 per cent from a year earlier

Home Capital sees profits dip as loan losses from economic downturn loom: Geoff Zochodne



Provisions for credit losses were $30.2 million, an increase of 397.9 per cent from a year earlier

What Tiff Macklem will bring to the Bank of Canada in a time of crisis: Larysa Harapyn



Financial Post columnist Kevin Carmichael talks to Larysa Harapyn about the decision to appoint Tiff Macklem as incoming Bank of Canada governor

Case studies in survival: How three businesses are holding up through the economic shutdown: Vanmala Subramaniam



Business owners we first spoke to in April say loans are providing buffers, paying rent is an issue and the mental health toll is increasing

Brookfield launches $5 billion ‘retail revitalization’ program to prop up retailers hit hard by pandemic: Bloomberg News



Brookfield, known for its contrarian bets on malls, will take minority stakes in struggling retailers

Shoe chain Aldo seeks bankruptcy protection to restructure debt: Bloomberg News



Shuttered stores worsened Montreal-based company’s already struggling business

Canadian Tire reports rise in sales as customers buy more online: Reuters



Canadian Tire's online sales rose 80 per cent in the first quarter ended March 28 and overall, by 44 per cent

Sidewalk Labs pulls out of Toronto Quayside smart city project, citing ‘unprecedented economic uncertainty’: James McLeod



'It has become too difficult to make the 12-acre project financially viable'

Canadians are discovering unusual investment opportunities during isolation: Leigh Taveroff



Investing can take many forms — what do you want to invest in today?

It’s your money — so why does your employer make your pension such a mystery?: Ted Rechtshaffen



Ted Rechtshaffen: Not being able to get full information or access to their pensions could be costing people millions of dollars

Housing prices could fall 14% in Canada’s biggest city by 2022 — and that’s the ‘moderate’ scenario: Barbara Shecter



DBRS Morningstar is looking at pandemic scenarios that include a 10% home price correction in Canada, with sharper declines in cities

Job pain seen expanding beyond early ‘She-Cession’ in Canada in data out today: Bloomberg News



Canada braces for report expected to show millions of jobs lost

This marketing channel is making a comeback for businesses during COVID: Postmedia



Webinars are reemerging as the most cost-effective, far-reaching, and lead-generating business effort you can produce. This suite of tools makes it easy to start hosting webinars on your own.

Paralyzing debt and dwindling traffic: Why department stores are going out of fashion: Financial Times



Analysts expect a new round of department store closures is in the offing

The world is experiencing an eCommerce surge. Here’s how newcomers can enter the market: Postmedia



The eCommerce landscape is primed for new entrepreneurs. It's important to learn what works and what doesn't before throwing your hat into the ring.

‘Outlook remains grim’: Canadian insurers brace for fallout from the pandemic: Barbara Shecter



Companies to face long-duration liabilities, thanks to low rates



[news curation]@wakanda-forever



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