economy

FILE – A sign on a shop window indicates the store is closed in Ottawa, Monday March 23, 2020. Companies that have laid off workers are telling the Bank of Canada they plan to refill some positions over the next year, but many hiring plans remain muted over COVID-19-related uncertainty. THE CANADIAN PRESS/Adrian Wyld

Companies have modest hiring plans, low wage growth expectations, Bank of Canada says

The survey also finds that wage growth is widely expected to slow over the next year

 

Nickey Miller, left, and Josie Rudderham, co-owners of Cake and Loaf in Hamilton, Ont., pose outside of their Dundurn Street South storefront location, Monday, October 5, 2020. THE CANADIAN PRESS/Tara Walton

For small businesses that survive COVID, recovery is expected to be difficult

CFIB wants the government to help small business owners recover by suspending evictions

 

Rich get richer, poor poorer: Report says pandemic intensified economic disparities

Many households reported being just hundreds of dollars away from bankruptcy

 

Indebted Canadian businesses more ‘fragile’ than during 1st wave, BDC economist warns

The study said 87 per cent of entrepreneurs are confident they will make it through the crisis

Hiring marginalized workers could jump-start economy, boost incomes by $5K: Deloitte

The report, which looks to predict Canada’s economy in 2030, suggests that the country will need more workers

Bank of Canada keeps key interest rate target on hold but warns of ‘slow, choppy’ recovery

The bank says its key rate will stay at near-zero until economic slack is absorbed

Canada’s economic optimism crippled by pandemic, Pew poll suggests

The Pew report documents an unsurprisingly dismal outlook for the world’s economic prospects

Statistics Canada says merchandise trade deficit $2.45 billion in July

Motor vehicles and parts helped boost both imports and exports in July

Trudeau considered best to manage pandemic, revive economy, poll suggests

Poll suggests O’Toole is an unknown quantity for a majority of Canadians at this point

Inflation rate falls to 0.1 per cent as price growth slows, StatCan reports

Statistics Canada says air travel prices fell in July by 8.6 per cent

Economy grew 4.5% in May, Statistics Canada says

Economy grew 4.5% in May, Statistics Canada says

Trade, technology and security at risk in US-China feud

Military tensions largely focused on South China Sea

  • Jul 27, 2020

Statistics Canada says economy posted record 11.6 per cent plunge in April

Accommodation and food services sector dropped 42.4 per cent

Kenney says ambitious, long-term Alberta economy reboot plan coming Monday

Kenney says ambitious, long-term Alberta economy reboot plan coming Monday

Federal economics and fiscal ‘snapshot’ coming July 8: Trudeau

Federal economics and fiscal ‘snapshot’ coming July 8: Trudeau

Virus pummels global economy, jobs – even without 2nd wave

7.2 million people infected worldwide

  • Jun 10, 2020