August 10, 2020
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August 10, 2020

Your CFA Update on COVID-19

CFA Launches Early Bird Renewal Incentives

New this year, we are introducing early bird incentives and value-added offerings to help our members during their recovery process as we all adapt to the new normal. These benefits are part of the CFA’s membership renewal program. To be eligible to receive an incentive, the membership must be paid in full by the monthly cut off date.

Show me the Early Bird Renewal Incentives

Renew your CFA membership early: Let’s continue to strengthen our community as we move through the impacts of COVID-19. Let’s keep moving forward and forging our way to recovery together!

Yes, I want to renew my CFA membership

Former Bank of Canada governor Mark Carney advising PM on COVID-19 economic response

Mark Carney — the former governor of the Bank of Canada and the Bank of England — has been acting as an informal adviser to Prime Minister Justin Trudeau on the federal government's response to the COVID-19 pandemic. News of the informal role was first reported by Bloomberg on Monday. 

Carney has long been rumoured to have political aspirations since returning to Canada after his term with the Bank of England expired earlier this year. Many in Liberal circles see Carney as a top candidate for finance minister should he seek office or as a possible leadership candidate to eventually succeed Trudeau. With a sudden vacancy in the Toronto-area riding of York Centre there have been rumours that Carney could be a candidate in an upcoming byelection, though senior Liberal sources have repeatedly thrown cold water on that idea. 

Carney is well-suited to advise the prime minister during difficult economic times. He led the Bank of Canada during the global financial crisis more than a decade ago and held the top job at the Bank of England during the Brexit uncertainty.

Carney, a former investment banker currently serving as the United Nations' special envoy on climate action and climate finance, has likened the climate crisis to a financial crisis — and has urged financial sector to help tackle the issue.

Higgs proposes deal to avoid general election until 2022 or end of COVID-19 pandemic

Premier Blaine Higgs has made a dramatic offer to the three opposition parties, committing to putting off a snap election and listening to their policy ideas if they agree to keep his minority government in power for another two years. Higgs released a letter Monday to the other party leaders, asking that all four of them agree to avoid forcing an early election until the scheduled date in October 2022 or until the COVID-19 pandemic is over. Higgs has been hinting for weeks that he would trigger a campaign, justifying the threat by saying the province needs stability to manage the pandemic and continue restarting the economy.

Liberal Leader Kevin Vickers welcomed the premier's offer.

Under the proposed deal, three byelections expected this fall would go ahead as planned.

Windsor-Essex - Stage 3 reopening on Wednesday

Windsor-Essex has now been given the go-ahead to join the rest of Ontario in Stage 3 of the province' s reopening plan. In a news release issued Monday, the province confirmed that the region, which is the last part of the province to remain in Stage 2, will be able to advance to the next stage on Wednesday at 12:01 a.m. The number of new cases in Windsor-Essex has fallen significantly in the past week, with just four new infections confirmed on Sunday and three on Saturday. The region saw a spike in cases in July due to an outbreak of the virus among migrant farm workers.

Gyms, spas, and movie theatres will be permitted to open in Windsor-Essex for the first time since March and indoor dining can also resume.

Having all regions of Ontario in Stage 3 also means the province could be one step closer to reopening amusement parks. Last week, officials confirmed that Canada’s Wonderland would not be given the green light to resume operations until the entire province had entered Stage 3.


Webinar Series On Demand


AUGUST 11, 2020
AT 2:00 PM ET

Back to Basics: What Covid-19 has taught us about employment essentials
SPEAKERS: Matthew Badrov and Allyson Lee, Sherrard Kuzz LLP

As the Canadian economy reopens, employers face a range of challenges related to COVID-19. Join experts from Sherrard Kuzz LLP to gain practical advice on how to adapt your workplace policies and understand to ensure compliance on all levels.


AUGUST 12, 2020
AT 2:00 PM ET

Returning to the workplace: What employers need to know
SPEAKERS: Michael Sherrard & Matthew Badrov, Sherrard Kuzz LLP

As Ontario begins to reopen, employers across the province are actively updating their workplace policies to ensure compliance with municipal and provincial requirements. Join experts: Michael Sherrard and Matthew Badrov from Sherrard Kuzz LLP to gain practical advice on what you need to consider in developing policies and procedures to keep your employees safe and satisfy your legal obligations.






Feedback from our Members

“My husband, Jim and I would like to thank everyone at the CFA who has worked so hard and tirelessly to provide us with updated information on the Covid-19 crisis, for the webinars, lobbying for change and for all of the support you provide to members on a regular basis. We are sincerely grateful. To everyone at the CFA, take care and stay healthy.”

 - Nadine Cartman, CEO, Chicken Delight of Canada Ltd

COVID-19's impact on the world is creating waves across all sectors and industries.

Every member of the CFA community is dealing with an issue that is affecting the world, our industries, our communities, our businesses, and our people.

We would like to hear from you if you have any topics, issues or questions to navigate turbulent times in order to support you further: 


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