Banking leaders said in January that an economic rebound is on the horizon, but that the short-term looks difficult and spending won't truly pick up until the back half of 2021 or even 2022.Bank of Canada governor Tiff Macklem is to speak online to Calgary Chamber of Commerce on Tuesday about how the global pandemic has affected the bank's financial outlook.
The company, which owns or operates 71 long-term care facilities in Ontario, is subject to a proposed class action lawsuit related to its handling of the COVID-19 pandemic.Loblaw Companies Limited will release its Q4 2020 results on Thursday. The grocery store operator is one of 12 companies participating in a pilot with the University of Toronto's Creative Destruction Lab to experiment with rapid antigen tests to screen staff for COVID-19.
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