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“Every time the government declares a new regulation on PSBB measures, we see an uptick in demand, however then it goes down. This is as a end result of persons are adapting to the brand new normal and they don’t seem to be as panicked as earlier than,” he mentioned through the webinar. The measures will stay in place for two weeks and could be extended. Jenna Benchetrit is a senior writer with the enterprise content unit at CBC News. A Montrealer primarily based in Toronto, Jenna holds a grasp’s diploma in journalism from Toronto Metropolitan University.

  • Experts stated the transaction ban would hit the coffers of social media platforms such as TikTok, which takes a fee from every sale.
  • Discretionary retailers have been affected by lockdowns and restrictions over the previous year.
  • Online buying has been a lifeline for many because the virus pandemic shuttered shops and kept individuals