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Stock impact report

More than three million apply for COVID-19 job benefits as virus crushes labour market [Toronto Globe and Mail (Ontario, Canada)]

Bank Of Montreal (BMO) 
Last bank of montreal earnings: 2/25 06:00 am Check Earnings Report
More than three million apply for COVID-19 job benefits as virus crushes labour market Lower-wage industries – a 3 Amigos restaurant seen here in Montreal on April 6, 2020 – will be 'over-represented' in job losses, the Conference Board said, led by about 444,000 affected positions in full and limited service eating places. Christinne Muschi/The Globe and Mail Christopher Mio and Meghan Hoople found themselves jobless and wanting to help in the wake of COVID-19 isolation in Toronto. After flyering their neighbourhood with a free-of-charge offer, they received an outpouring of support and requests from people in need. Lower-wage industries – a 3 Amigos restaurant seen here in Montreal on April 6, 2020 – will be 'over-represented' in job losses, the Conference Board said, led by about 444,000 affected positions in full and limited service eating places. More than three million Canadians have applied for jobless benefits and emergency income aid with the federal government since mid Show less Read more
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