The possibility to rebound and innovate will emerge over the next couple of years, Scotiabank says
CFIB is asking the federal government to extend wage and rent supplements set to expire
Businesses filed 160 insolvencies in July — a 28.3% decline compared to June
On a pilot basis, businesses in Alberta and Saskatchewan will be able to raise public capital more easily
Finance, insurance, real estate and leasing businesses were least likely to have taken on debt
Minister Freeland said the government is also freezing rates for the wage and rent subsidies at current levels
Tax experts argue that aggressive transfers could be penalized under the general anti-avoidance rule
Only 35% of businesses are back to normal sales levels, the CFIB says
Officials told MPs that any amendments to Bill C-208 would not be retroactive
Critics say the government is defying Parliament by not enacting the new rules