The small business sector’s grapple with the COVID economy continued on through November. Business sentiment remained weak as a result of a stubborn virus and renewed operating restrictions in many regions.
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In The News
November 20: COVID-19 CBSA Commercial & Trade Update
November 24, 2020
Key Issue
- Canada is extending non-essential travel restrictions with the United States until December 21st , 2020.
COVID-19 Commercial Update to Industry Stakeholders, November 20, 2020
Canada, U.K. strike transitional post-Brexit trade deal
November 23, 2020
Canada and the United Kingdom have reached an interim post-Brexit trade agreement, Prime Minister Justin Trudeau and British Prime Minister Boris Johnson announced Saturday.
"Now we get to continue to work on a bespoke agreement, a comprehensive agreement, over the coming years that will really maximize our trade opportunities and boost things for everyone," Trudeau said.
WTO report shows slowdown in G20 trade restrictions as COVID-19 impacts world economy
November 21, 2020
The WTO’s latest Trade Monitoring Report on G20 trade measures shows a slowdown in the number and coverage of trade-restrictive and trade-facilitating measures on goods implemented by G20 countries between mid-May and mid-October 2020, primarily as a result of the sharp decline in overall global trade since the COVID-19 outbreak.
Failure to seal post-Brexit deal would more than halve UK growth, says KPMG
November 21, 2020
Failure to strike a post-Brexit trade deal would cut the UK’s economic growth rate by more than half next year, delaying a full recovery from the coronavirus pandemic, according to a report.