Vital updates:
- The Government of Canada has announced that from October 26, 2020, the Canada Emergency Business Account (CEBA) will be available to businesses that have been operating out of a non-business banking account. To be eligible, businesses must have been operating as a business as of March 1, 2020, must successfully open a business account at a Canadian financial institution that is participating in CEBA, and meet the other existing CEBA eligibility criteria. The deadline to apply for CEBA is December 31, 2020.
- The Ontario government will release its 2020 Budget on Thursday, November 5, 2020. To increase transparency given the ongoing uncertainty in the global economy, the government’s Budget will include multiple economic scenarios for Ontario’s economy and finances.
- On November 2nd, the Canadian Business Resilience Network will host Hugh Moncrieff, Executive Vice-President, Advisory Network and Industry Affairs for Canada Life, to discuss how COVID-19 has changed the financial services landscape in Canada and how advisors have adapted to help ensure Canadians are financially prepared for the future. Registration is free.
Reading recommendations:
- Troubling surge of COVID-19 cases, shutdowns across Canada, CBC News (video)
- Was Thanksgiving behind the recent surge in COVID-19 cases in parts of the country? Dr. Isaac Bogoch and Dr. Lynora Saxinger weigh in on the pace of Canada’s second wave.
- How to avoid burnout by working less and doing more, Ethan Brooks, The Hustle
- A Gallup survey found that 76% of employees have experienced some form of burnout. These employees are:
- 63% more likely to take a sick day than a non-affected worker
- 23% more likely to visit the emergency room
- 2.6x more likely to look fo a new job
- A Gallup survey found that 76% of employees have experienced some form of burnout. These employees are:
- Write Down Your Team’s Unwritten Rules, Liz Fosslien, Mollie West Duffy, Harvard Business Review
- During stressful times (i.e. right now), it’s good practice to write down the unstated cultural and emotional norms that exist within your team or company. They might have changed since you all started working from home, or perhaps they’ve never been explicit to everyone. You might know that it’s okay to take a walk in the middle of the day to clear your head, but it might not be as obvious to your colleagues, especially if they’re new hires. These seemingly small uncertainties (“Can I step outside to take a short break?”) can become major stressors.
Niagara Economic Summit Series 2020
Where are we now, how did we get here, and where do we go? This year’s summit, taking place between November 10 and November 24, brings experts and leaders together from across the country to identify where we are economically, what our future opportunities are, and how we can seize them. Find out more and get a calendar save-the-date here.
If you are showing symptoms, contact your health care provider, call the Public Health Info-Line at 905-688-8248, or chat to Public Health online. For testing, call 905-378-4647 ext. 42819 (4-CV19) for information on test centres in Niagara and to book an appointment.
Previous updates can be accessed here.
The GNCC is here to support you. Contact us with any questions you have.
