economy

Motor vehicle and motor vehicle parts and accessories subsector fell by a whopping 64.7 per cent in April, in a June 18, 2020 story. (Photo by THE CANADIAN PRESS)
Motor vehicle and motor vehicle parts and accessories subsector fell by a whopping 64.7 per cent in April, in a June 18, 2020 story. (Photo by THE CANADIAN PRESS)
Federal economics and fiscal ‘snapshot’ coming July 8: Trudeau

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

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

Federal economics and fiscal ‘snapshot’ coming July 8: Trudeau
Hundreds of millions of people around the world have lost their jobs due to the pandemic, in a June 10, 2020 story. (Photo by THE ASSOCIATED PRESS)

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

7.2 million people infected worldwide

  • Jun 10, 2020
Hundreds of millions of people around the world have lost their jobs due to the pandemic, in a June 10, 2020 story. (Photo by THE ASSOCIATED PRESS)
Prime Minister Justin Trudeau is expected to tell provinces that they will receive billions in federal funding, in a June 5, 2020 story. (Photo by THE CANADIAN PRESS)
Prime Minister Justin Trudeau is expected to tell provinces that they will receive billions in federal funding, in a June 5, 2020 story. (Photo by THE CANADIAN PRESS)
The Bank of Canada is maintaining its key interest rate at 0.25 per cent, in a June 3, 2020 story. (Photo by THE CANADIAN PRESS)

Bank of Canada keeps key interest rate target on hold at 0.25%

Pandemic impact on economies may have peaked

The Bank of Canada is maintaining its key interest rate at 0.25 per cent, in a June 3, 2020 story. (Photo by THE CANADIAN PRESS)
Statistics Canada releases first quarter report on the economy, in a May 29, 2020 story. (Photo by THE CANADIAN PRESS)
Statistics Canada releases first quarter report on the economy, in a May 29, 2020 story. (Photo by THE CANADIAN PRESS)
Prime Minister Justin Trudeau announced $175 million for a Vancouver biotech company, AbCellera Biologics Inc., which has identified antibodies that could be used to create treatments or a vaccine, in an May 3, 2020 story. (Photo by THE CANADIAN PRESS)

Provinces set to ease restrictions Monday as death toll increases

Biotech company gets federal funding for COVID-19 research

Prime Minister Justin Trudeau announced $175 million for a Vancouver biotech company, AbCellera Biologics Inc., which has identified antibodies that could be used to create treatments or a vaccine, in an May 3, 2020 story. (Photo by THE CANADIAN PRESS)
The C.D. Howe Institute’s Business Cycle Council has released a new report, in a May 1, 2020 story. (Photo by THE CANADIAN PRESS)
The C.D. Howe Institute’s Business Cycle Council has released a new report, in a May 1, 2020 story. (Photo by THE CANADIAN PRESS)
A Toronto Stock Exchange ticker is seen at The Exchange Tower in Toronto on Thursday, August 18 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim

North American stock markets start the trading week down, loonie falls

S&P/TSX composite index was down 225.93 points at 11,625.88, shortly after the start of trading

A Toronto Stock Exchange ticker is seen at The Exchange Tower in Toronto on Thursday, August 18 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim
A sign board in Toronto displays the TSX close on Monday March 16, 2020. THE CANADIAN PRESS/Frank Gunn

COVID-19: It could take 3 years for stock market to recover, says B.C. economist

But true financial impact will depend on how long pandemic lasts

A sign board in Toronto displays the TSX close on Monday March 16, 2020. THE CANADIAN PRESS/Frank Gunn
(The Canadian Press)

Canada’s main stock index hits 52-week low amid COVID-19 worries, drop in crude oil prices

In New York, the Dow Jones industrial average had its worst day since 1987

(The Canadian Press)
Financial numbers are shown on a television screen in Toronto as markets open for trading on Monday, March 16, 2020. The Toronto S&P/TSX composite index plunges more than 1,500 points at the start of trading. THE CANADIAN PRESS/CP

North American stock markets plunge again, loonie down, commodities fall

The drop in North American stock markets came after markets in Asia and Europe also fell

Financial numbers are shown on a television screen in Toronto as markets open for trading on Monday, March 16, 2020. The Toronto S&P/TSX composite index plunges more than 1,500 points at the start of trading. THE CANADIAN PRESS/CP
FILE - A Royal Bank of Canada sign is shown in the financial district in Toronto. (THE CANADIAN PRESS)

Economists predict recession coming due to COVID-19 and plunge in oil prices

Two consecutive quarters of negative growth is considered a recession

FILE - A Royal Bank of Canada sign is shown in the financial district in Toronto. (THE CANADIAN PRESS)
The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim

Toronto’s S&P/TSX composite down more than 1,400 points, U.S. markets fall

The drop in Toronto and on U.S. markets was large enough to trip circuit breakers that forced a pause in trading

The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim
FILE – The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim

North American stock markets surge higher in early trading after crash on Monday

Stock markets nose-dived on Monday as crude oil prices sank to a four-year low

FILE – The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim
Angus Watt discussed the 2020 economy at the Wetaskiwin Chamber of Commerce luncheon Jan. 17. Photos by Stu Salkeld

Financial expert: demand for oil will continue to grow

Angus Watt discusses 2020 economy in Wetaskiwin Jan. 17

Angus Watt discussed the 2020 economy at the Wetaskiwin Chamber of Commerce luncheon Jan. 17. Photos by Stu Salkeld