Tag Archives: Economy

PARIS - The virus crisis has triggered the worst global recession in nearly a century -- and the pain is not over yet even if there is no second wave of infections, an international economic report wa...

OTTAWA - Parliament's spending watchdog has put a price tag around talks to extend the Canada Emergency Response Benefit, estimating it could potentially double the current $60-billion budget. Under o...

OTTAWA - The non-partisan spirit that has allowed Parliament to swiftly pass emergency legislation during the COVID-19 pandemic evaporated Wednesday, with opposition parties refusing to give unan...

OTTAWA - The Trudeau Liberals' push for changes to a key benefit for workers affected by the COVID-19 pandemic hit political roadblocks as the New Democrats withdrew support for a draft bill that woul...

OTTAWA - Canada's cutthroat shipbuilding industry saw a surprise alliance Tuesday as two competing yards announced plans to team up to win a multibillion-dollar contract to build a new polar iceb...

OTTAWA - Canadians are increasingly wearing protective face masks as they emerge from months of isolating at home to curb the spread of COVID-19, a new poll suggests. And it suggests that fear of a se...

OTTAWA - Alexis Adams is joyful about the arrival of her third daughter but she is also concerned about how to pay for another maternity leave that is, like her daughter, barely a week old. Adams lost...

WASHINGTON - The U.S. unemployment rate fell to 13.3% in May from 14.7%, and 2.5 million jobs were added - a surprisingly positive reading in the midst of a recession that has paralyzed the economy in...

OTTAWA - Prime Minister Justin Trudeau said Friday he has offered provinces and territories up to $14 billion in new federal transfers if they work with Ottawa on a "safe-restart agreement" that ...

OTTAWA - Canada's employment minister says the federal government is rethinking a key COVID-19 benefit so workers have more incentive to get back on the job, in an effort to maintain a surprising...