The Globe and Mail - 08.04.2020

(WallPaper) #1
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OTTAWA/QUEBECEDITION ■ WEDNESDAY,APRIL8,2020 ■ GLOBEANDMAIL.COM

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COMPANIES

DECIBELCANNABIS ..............................................B1 1
INTERFOR..............................................................B
NIKE ......................................................................B
PASONSYSTEMS..................................................B 11
TMXGROUP............................................................B

Tim Hortons parent company
Restaurant Brands Internation-
al Inc.has decided it will not ap-
ply for the government’s 75-per-
cent wage subsidy for any of its
corporate staff, saying that big
businesses are not the best focus
for the funding.
The Toronto-based fast-food
company, which also owns Burg-
er King and Popeyes, lobbied the
federal government to expand
its subsidy from the 10 per cent
first announced earlier in March.
RBI argued that its franchisees,
which employ most front-line
restaurant staff, are small busi-
nesses in need of support. Its de-
cision applies only to corporate
employees, not franchisees.
Details of the new plan were
released last week, offering 75-
per-cent support on the first
$58,700 of each employee’s wag-
es, for businesses that have lost
at least 30 per cent of their reve-
nue as a result of the COVID-
pandemic.
“There are a lot of businesses
that are hurting right now in
Canada, and the government’s
generous support needs to be fo-
cused on them,” RBI chief corpo-
rate officer Duncan Fulton said.
“We don’t believe that this wage
subsidy ... needs to extend to
large corporations.”
The support was designed to
persuade companies suffering
from the fallout of the economic
slowdown to keep more people
on the payroll.
RBI, B

TimHortons


parentopts


outofwage


subsidyfor


corporatestaff


SUSANKRASHINSKYROBERTSON
RETAILINGREPORTER

The Ontariogovernment will al-
low legal professionals to witness
the signing of wills and powers of
attorney through online video
platforms under an emergency
order passed late Tuesday to re-
spond to the coronavirus pan-
demic.
While other provinces offer
more flexibility, Ontario law takes
a strict approach to the formali-
ties of witnessing both wills and
powers of attorney over financial
affairs or personal care: Two wit-
nesses, neither of whom can be a
beneficiary or spouse of a benefi-
ciary, must be present in person to
see the will-maker sign the docu-
ment.
A spokeswoman with the office
of Ontario Attorney-General
Doug Downey said Tuesday eve-
ning that the provincial Cabinet
passed an emergency order to al-
low virtual witnessing, noting
that it will be in effect for the dura-
tion of the state of emergency de-
clared by the province on March


  1. The emergency measure
    comes as the COVID-19 crisis and
    rules around physical distancing
    have made it difficult to meet the
    formal witnessing requirements,
    and spurred a call for change
    among the estates-law communi-
    ty in the province, including an
    online petition that attracted
    more than 1,000 signatures.
    The Ontario Superior Court of
    Justice has also agreed to hear a
    case later this week filed by lawyer
    Kavina Nagrani.
    WILLS,B


Ontarioto


allowlawyers


toremotely


witness


willsignings


CHRISTINEDOBBY
CORPORATELAWREPORTER

AVIATION
Travellerscangetvouchersbut
norefundsforcancelledflights B

GLOBEINVESTOR
Marketsrallyfizzlesasoilprices
plungesuddenly B

DARRYLDYCK/THECANADIANPRESS

Food distributors that typically
serve the restaurant and hospi-
tality industries are pivoting
their resources to sell to grocery
retailers struggling to restock
amid the surging demand caused
by the COVID-19 pandemic.
The supply chain that distrib-
utes to away-from-home outlets
such as restaurants, ski hills,
health-care facilities, conference
centres and universities is dis-
tinct from the one that replen-
ishes the shelves at grocery
stores.
Each stream is made up of dif-
ferent companies with separate
warehouses, inventories, work
forces and fleets.
But as Canadians self-isolate
and the hospitality industry
slows to a near standstill, over-
whelmed retailers are turning to
idled food distributors for help
getting goods into their stores.
Food-services distributors
have seen their sales decline by
as much as 70 per cent because


of the pandemic, and their ware-
houses are stuffed with invento-
ry ordered weeks ago.
Some of the product has gone
bad, some has been donated to
food banks and some has been
sold to grocery chains in formats
customers would not normally
see.
Retailers, on the other hand,
are facing unprecedented de-
mand and are having trouble
keeping pace.
They need more product,
more storage, more trucks and,
most importantly, more workers.
To their mutual benefit, the
two distribution networks are
collaborating like never before.
“The retail supply chain was
collapsing while we were stand-
ing idle,” said Randy White, the
president of major food-distribu-
tion companySysco Canada,a
stand-alone subsidiary of Sysco
Corp. that employs nearly 5,
workers across the country.
“So we decided to stand up
and say: ‘We can help. We can
help the supply chain.’ ... That’s
a business transaction, but it’s al-
so a community effort.”
DISTRIBUTION, B

Grocerystorestapnew


supplychaintofillshelves


KATHRYNBLAZEBAUM
SEANSILCOFF
SUSANKRASHINSKYROBERTSON


Alberta’s unemployment will likely sur-
pass 25 per cent because of the COVID-
pandemic, Premier Jason Kenney said
Tuesday, and that’s without factoring in
the full impact of lower oil demand and
prices. A 25-per-cent rate would be double
the worst unemployment rate in the
province in the last four decades.
“This will be the most challenging peri-


od in our economy, in relative terms,
since the Great Depression. There’s sim-
ply no doubt about it,” Mr. Kenney told an
online energy symposium Tuesday morn-
ing.
Mr. Kenney’s projections of 500,
unemployed Albertans paint a more dire
picture than numbers presented on
March 25 by Royal Bank of Canada Eco-
nomics.
In a Canada-wide report on the eco-
nomic fallout from COVID-19, the bank
forecast 200,000 lost jobs between Alber-
ta and Saskatchewan – 20 per cent of the

overall hit to employment in the country.
Mr. Kenney’s office said in making its
unemployment forecast, it used multiple
indicators, including Alberta employment
insurance filings and business closings as
a result of the pandemic. Spokeswoman
Christine Myatt said there were no further
details available, including how long such
a dramatic spike in unemployment could
last.
ALBERTA, B

Albertaunemploymentcould


top25percent,Kenneysays


Ifthejoblessratereachesthatlevel,itwouldbedoublethehighestrateinfourdecades


EMMAGRANEYCALGARY
KELLYCRYDERMANCALGARY
ROBERTFIFEOTTAWA


JeffreyJonesCanadadoingitsparttocurbsupplies
inthisill-timedoilwar B

Japandeclaresstateofemergency,


approvesalmost$1-trillionstimulusplan


‘Wewillprotecttheemploymentandlifeatallcosts,’PrimeMinisterAbes aysB


Thestateofemergencygivesauthoritiesmorepowertopressbusinessestoclose.FRANCKROBICHON/REUTERS

VASIAW
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