Connect with us

Business

Coronavirus: B.C. will allow restaurants to deliver liquor, using unemployed servers – Global News

Published

on


The B.C. government will temporarily allow bars and restaurants to deliver liquor products along with food amid the coronavirus pandemic — and unemployed servers can be hired to make the deliveries.

The move announced on Sunday by the Ministry of Attorney General is meant to help restaurants that have been forced to close all dining rooms and patios and shift to take-out or delivery only.

“In these extraordinary times, more British Columbians are relying on delivery services during the COVID-19 pandemic,” Attorney General David Eby said in a statement.


READ MORE:
B.C. orders all restaurants and bars to cease dine-in operations to limit COVID-19 spread

“Permitting licensed restaurants to hire their out of work servers to deliver liquor products as part of their food-delivery service allows the public to continue to observe social distancing measures and also offers much-needed support to these workers and businesses.”

Customers will also be allowed to pick up beer, wine and spirits along with food, provided the liquor products are sealed. Seals must also remain in place for delivered products.

Story continues below advertisement






2:43
B.C.’s top doctor orders all bars, entertainment venues closed to fight COVID-19 pandemic


B.C.’s top doctor orders all bars, entertainment venues closed to fight COVID-19 pandemic

The change comes into effect immediately and will last until at least June 15, and can be extended or shortened by the government as needed.

Provincial health officer Dr. Bonnie Henry ordered all bars, cafes and restaurants to cease in-store dining on Friday.

Industry advocates have recognized the importance of the measure, but have cautioned it would put tens of thousands of employees out of work as a result.


READ MORE:
Coronavirus pandemic could see 15% of B.C. restaurants close for good, says industry

Eby said allowing servers to make the liquor deliveries was suggested by the Business Technical Advisory Panel to help those struggling workers and businesses. The panel includes representatives of B.C.’s liquor and hospitality industries.

The attorney general added the province is continuing to find other ways to support the industries and “reduce the impact of this crisis.”

Agriculture Minister Lara Popham said the move will also help support workers at local distilleries, breweries and wineries.

Despite the move, liquor stores across B.C. remain open for business, though many have reduced their operating hours.

© 2020 Global News, a division of Corus Entertainment Inc.

Let’s block ads! (Why?)



Source link

Business

Air Canada to reduce workforce by 16,500 as it parks planes during COVID-19 – Financial Post

Published

on


Air Canada will send home 15,200 unionized employees and 1,300 managers due to the “unpredictable extent and duration” of the COVID-19 pandemic.

Canada’s largest airline announced Monday it will place the unionized members on off-duty status and furlough the managers as it reduces capacity by about 85 to 90 per cent from April through June. It intends for the cuts, which will come into effect on or about April 3, to be temporary.

“To furlough such a large proportion of our employees is an extremely painful decision but one we are required to take given our dramatically smaller operations for the next while,” Air Canada chief executive Calin Rovinescu said in a statement.

“I understand and regret the impact this will have upon our employees and their families.”

Rovinescu and chief financial officer Michael Rousseau will forgo 100 per cent of their salaries, while other senior executives will take a 25 to 50 per cent pay cut. Board members agreed to a 25 per cent pay cut. Other managers’ salaries will be reduced by 10 per cent.

On Monday, Prime Minister Justin Trudeau announced the government will subsidize 75 per cent of wages for companies that lose 30 per cent of their revenue during the shutdown. It’s not yet clear how Air Canada could benefit from this, but the airline said it will assess how the subsidy could affect its workforce reduction plans.

Trudeau also acknowledged the airline industry has been “extremely hard hit” by the pandemic and said the government will do more to help the industry, but did not reveal any details.

The prime minister and senior government officials have been working with Canada’s major passenger airlines as they seek help during the crisis. Ottawa has already agreed to provide Toronto-based Porter Airlines with $135 million in commercial financing, but has yet to reveal a comprehensive package for other airlines including Air Canada, WestJet Airlines Ltd., Transat A.T. and Sunwing.

To help deal with plummeting revenue, Air Canada is also looking to cut $500 million in costs and capital spending. It will draw down about $1 billion in operating lines of credit for additional liquidity and suspended its share buyback program on March 2.

Air Canada is working with Ottawa to repatriate Canadians abroad. It will continue to operate a select number of flights after April 1, pending further government restrictions, as well as operating cargo-only flights to ensure movement of goods, such as medical supplies.

Air Canada employed about 33,000 people at the end of 2019, according to financial statements.

Air Canada employs about 4,400 pilots. It’s not clear how many pilots will be affected by the decision, but last week the Air Canada Pilots Association reached a deal with the airline to reduce pilot pay, allow pilots to retire earlier and plan for a maximum of 600 redundancies in the coming months.

Pilots placed on furlough will continue to accrue seniority and service and will be recalled in order of seniority, the ACPA said in a statement.

The International Air Transport Association predicts airlines around the world will lose US$252 billion in revenue due to the COVID-19 pandemic.

Let’s block ads! (Why?)



Source link

Continue Reading

Business

Coronavirus: Air Canada to lay off 16,500 workers amid COVID-19 pandemic – Global News

Published

on


Air Canada will temporarily lay off 16,500 employees starting this week as the airline struggles with fallout from the COVID-19 pandemic.

Effective this Friday, the layoffs of 15,200 unionized workers and 1,300 managers will last through April and May amid drastically reduced flight capacity from the Montreal-based airline.

“To furlough such a large proportion of our employees is an extremely painful decision but one we are required to take given our dramatically smaller operations for the next while,” chief executive Calin Rovinescu said in a statement.


READ MORE:
Cineplex, MEC lay off thousands as coronavirus pandemic shutters stores, theatres

The carrier has halted most of its international and U.S. routes in response to the global shutdown.

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]

States from Sweden to China to the United States have rolled out aid packages for the airline sector over the past month as borders closed and travel demand plummeted amid the spread of the novel coronavirus.

Story continues below advertisement

Air Canada said its cost reduction scheme aims to save least $500 million. It includes a pledge from both the CEO and chief financial officer Mike Rousseau to forego 100 per cent of their salaries, while the rest of the executive team will give up between 25 per cent and 50 per cent.

The company will draw down about $1 billion in lines of credit to provide additional liquidity for a carrier that has a $7.3 billion cash cushion to fall back on — more than the most profitable U.S. carrier, Delta Air Lines.






0:51
Leon’s Furniture to lay off nearly 50% of workforce


Leon’s Furniture to lay off nearly 50% of workforce

Earlier this month Air Canada’s flight attendant union said 5,149 cabin crew would be temporarily laid off due to the COVID-19 outbreak. The newly announced layoffs do not include the earlier job reductions.

The pandemic has cost thousands of jobs in the airline sector. Transat AT Inc. has laid off at least 3,600 flight attendants while WestJet has seen 6,900 departures including early retirements, resignations and both voluntary and involuntary leaves.

WestJet said Monday it is cancelling all transatlantic and U.S. routes until May 4, extending its 30-day suspension by two more weeks.

Both Air Transat and Porter Airlines have halted all flights.

Story continues below advertisement

© 2020 The Canadian Press

Let’s block ads! (Why?)



Source link

Continue Reading

Business

TSX down amid oil rout while Wall Street inches up in early trading – Global News

Published

on


Canada’s main stock index was down in early trading on Monday as the price of oil slid to its lowest level since 2002. In the U.S.. however, stocks opened higher on Monday as President Donald Trump followed last week’s massive fiscal stimulus by extending his stay-at-home guidelines, leaving investors guessing at their economic impact.

READ MORE: Oil price plunges to 2002 lows amid global coronavirus shutdown

In Toronto, Canada’s benchmark S&P/TSX composite index was down 56.86 points at 12,630.88.

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]

In New York, the Dow Jones Industrial Average rose 41.44 points, or 0.19 per cent, at the open to 21,678.22.






2:41
Coronavirus outbreak: Kenney calls for coordinated tariffs with U.S. in response to ‘predatory dumping’ of Saudi oil


Coronavirus outbreak: Kenney calls for coordinated tariffs with U.S. in response to ‘predatory dumping’ of Saudi oil

The S&P 500 opened higher by 17.51 points, or 0.69 per cent, at 2,558.98. The Nasdaq Composite gained 81.08 points, or 1.08 per cent, to 7,583.46 at the opening bell.

Story continues below advertisement

On the currency market, the Canadian dollar traded for 70.57 cents US compared with an average of 71.14 cents US on Friday.

The May crude contract was down US$1.37 at US$20.14 per barrel and the May natural gas contract was down 2.3 cents at US$1.65 mmBTU.

The June gold contract was down US$10.80 at US$1,643.30 an ounce and the May copper contract was down 0.65 of a cent at US$2.17 a pound

— With files from the Canadian Press

© 2020 Reuters

Let’s block ads! (Why?)



Source link

Continue Reading

Trending