Additional help is on the way for automotive retailers, as the Canadian Chamber of Commerce launched a new, government-funded program on May 25 that aims to help small- to medium-sized businesses, not-for-profit organizations, and charities. The Business Resilience Service (BRS), …
The Canada Emergency Wage Subsidy (CEWS) has been extended past the initial June deadline to August 29, according to an announcement from Canada’s Finance Minister Bill Morneau on May 15. That’s good news for auto dealers who are benefitting (or …
When the Government of Quebec announced that dealerships across the province were not considered an essential service, Groupe Vincent in Shawinigan was one of the few exceptions, for emergency needs. Maxime Vincent, President of Groupe Vincent, said they were able …
Dealerships in the Greater Montreal area are now preparing to reopen their showroom doors on May 19 — a week later than previously announced by the provincial government. Elsewhere in the province of Quebec dealerships have already started their progressive …
Quebec dealerships garnered another victory when the provincial government gave them the green light to reopen their sales departments on May 4, after more than a month of closure due to COVID-19. The one exception is Montreal and Laval — …
Understanding everything from dealership agreements to employee assessment programs will help dealers manage their current and post-crisis situation. There has been a surge of information about what Canadian consumers and businesses can do during the novel coronavirus pandemic to help …
Canadian auto dealer reached out to several dealers across the country to better understand how they are adapting to the current situation amid the novel coronavirus pandemic. Never having been faced with anything like this, car dealers across the country …
The Government of Canada increased the wage subsidy rate to 75 per cent and made the program more accessible. In April, the federal government announced additional measures for the Canada Emergency Wage Subsidy (CEWS) program and increased the subsidy from …
Before the full impact of the novel coronavirus reached Canada, vehicle manufacturers around the world were feeling the ripple effects of the pandemic from China. With production suspended at various facilities, Canadian auto dealer reached out to General Motors in …
April 15 marked the first day that dealers in Quebec could gradually begin to re-open their dealership parts and service departments to offer repair and maintenance work on vehicles. That may not seem like a big deal for dealers elsewhere …
Montreal-based Leader Auto Resources (LAR) and U.S. private equity firm Resilience Capital Partners announced a partnership on March 30 to expand LAR’s dealership sourcing and service business in the U.S. LAR’s existing U.S. business will be rebranded as DealerShop. Canadian …
Tighter restrictions are being imposed on provinces in Canada and in cities around the world, as countries attempt to cope with the impact of the novel coronavirus known as COVID-19. During this period, Canadian Black Book has been sending out …
