Tag Archives: Economy

OTTAWA - The Bank of Canada is warning that the downturn tied to COVID-19 will be the worst on record and that the economic recovery will depend on the effectiveness of current measures to bring the p...

OTTAWA - Initial Statistics Canada data shows economic activity collapsed in March, dropping nine per cent - the biggest monthly decline on record. The COVID-19 pandemic brought business to a halt acr...

OTTAWA - While there's reason to believe the spread of COVID-19 is slowing, Canadian leaders warned Wednesday it was too soon to ease distancing measures, even as the country's cen...

OTTAWA - The federal government will expand its main relief program for people losing work because of COVID-19, Prime Minister Justin Trudeau announced Wednesday, just after Statistics Canada del...

OTTAWA - Federal and provincial officials are starting to discuss how and when to start reopening schools and businesses but Prime Minister Justin Trudeau warned Tuesday the full-scale lockdowns most ...

HALIFAX - Nova Scotia's government is predicting the number of COVID-19 cases could still be comfortably managed by the province's hospital system by the end of June if t...

WASHINGTON - Canada and the United States should seize the opportunity presented by the global COVID-19 crisis to develop and modernize the way they operate their shared frontier,&...

OTTAWA - Prime Minister Justin Trudeau says the federal government is willing to send money to provinces that want to provide salary top-ups to workers deemed essential. The extra cash would be design...

OTTAWA - Northern leaders and businesses are saying $130 million from Ottawa to shore up supply chains and health care during the COVID-19 pandemic can't come soon enough. Nunavut Premier Jo...

WASHINGTON - Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest f...