Tag Archives: Economy

VICTORIA - British Columbia's provincial health officer says she's starting to see "glimmers of hope" in an apparent shift toward flattening the curve of COVID-19 cases in the province. The provi...

OTTAWA - Parliament's budget watchdog is projecting that the federal deficit for the coming fiscal year could be $112.7 billion, a jump of $89.5 billion from previous forecasts as government spending ...

OTTAWA - Canada's central bank made yet another unscheduled rate cut Friday to bring its key interest target down to a crisis-level low, and the federal government upped its financial l...

TORONTO - The COVID-19 death toll in Quebec more than doubled on Friday as the growing case load of infections in Canada surpassed 4,000 amid questions about how pandemic fatalities are counted a...

DUBAI, United Arab Emirates - The head of the United Nations told leaders of the world's 20 major industrialized nations during an emergency virtual summit Thursday that "we are at war with a virus - ...

Ottawa announced Wednesday the Canada Emergency Response Benefit intended to quickly get cash to workers who need it and support their employers. Here's a look at how the program is going to work. Wha...

OTTAWA - The newly created benefit for workers whose livelihoods are affected by COVID-19 may be a model for how the federal government helps unemployed Canadians in the future, Employment Minister Ca...

WASHINGTON - The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp...

OTTAWA - The federal government is asking banks and credit-card companies to lower interest rates for Canadians, many of whom are struggling financially because of the COVID-19 pandemic. The gove...

TORONTO - The unrelenting climb in COVID-19 cases in Canada continued Thursday amid tightening restrictions aimed at curbing the pandemic as experts warned against prescribing or using unpro...