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Pandemic - May 20, 2020

20 May 2020



The pandemic is teaching us that large businesses may not necessarily be surviving the crisis, but those who are able to adapt to the situation.

The Retail Sector is no exception. In recent weeks, well-known Saint-Laurent businesses, Reitmans and Aldo, one with a Distribution Centre and the other with its Headquarter established in the sector, have filed for protection under the Companies' Creditors Arrangement Act (CCAA). Both businesses have to restructure their operations to ensure their continuity.

DESTL has listed few articles to help you understand the issues affecting the Retail Industry :

Financial Aid for All 

Numerous programs and financial measures have been put in place since the beginning of the pandemic to support Canadian businesses. In collaboration with the Borough of Saint-Laurent, DESTL has identified relevant measures and financial aids for the Laurentian business community, in addition to those mentioned by Ville de Montréal. Consult the list of programs and support measures for merchants and entrepreneurs ! (Available in French only). Note that some changes may have been made at the time of the original publication.

Webinar abroad

On May 25, take part in a discussion meeting with Ms. Nadine Girault, Minister of Relations Internationales et de la Francophonie, and the Regional Export Promotion Organizations also known as ORPEX.

Hosted by Nadine Brassard, President of Commerce International Québec, this webinar will allow us to discuss :

  • The impacts and opportunities arising from the COVID-19 crisis on international trade

  • The post-crisis vision of the Ministère des Relations Internationales et de la Francophonie

  • The support provided to exporting businesses by the Québec Government and the ORPEX network

Sign up now ! 


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