Kevin Carmichael: On the question of CEWS and dividends, investors will ultimately decide

Transcontinental Inc.’s response was typical of what we heard from the companies that received the emergency wage subsidy while continuing to give a stipend to shareholders: dividends are close to sacrosanct, while staffing levels depend on economic conditions. “We have distributed dividends to our shareholders without interruption since 1993, as our financial situation has allowed it,” spokesperson Patricia Lemoine said...