Tag Archives: Economy

OTTAWA - Non-profit groups that wanted to use the Canada Student Service Grant to hire volunteers say they have not heard a peep from the federal government since WE Charity walked away from running t...

OTTAWA - The Bank of Canada will keep its key interest rate at 0.25 per cent until the national economic picture improves, which governor Tiff Macklem said Wednesday will take "a long time."...

WASHINGTON - Canada and the United States are now widely expected to extend their mutual ban on non-essential cross-border travel as COVID-19 destroys President Donald Trump's hopes for a quick e...

OTTAWA - The federal government's key emergency benefit for workers with jobs hit by the pandemic is "not a permanent solution" to ongoing hardships, a Senate committee says in a report that make...

VICTORIA - British Columbia's balanced budget has been shattered by the COVID-19 pandemic, with the province forecasting a deficit of $12.5 billion for 2020-21. Finance Minister Carole James...

OTTAWA - Statistics Canada says Canadians' buying patterns changed so much during the COVID-19 pandemic that its measure of consumer inflation went a little wobbly. The agency previously reported...

WASHINGTON - Prime Minister Justin Trudeau urged Donald Trump to think twice Monday before imposing new tariffs on Canadian aluminum, saying the sector is emerging from the pandemic-induced ...

OTTAWA - The federal government is for the second time extending its program to subsidize wages in companies hit hard by the COVID-19 pandemic, this time until at least December. But the gov...

OTTAWA - Prime Minister Justin Trudeau has apologized for not recusing himself from the government's decision to have WE Charity manage a $900-million student-aid program, saying his family's longtime...

OTTAWA - The Trudeau Liberals' fiscal update this week put a cost to all the emergency COVID-19 aid the federal treasury will dole out. It delivered some shocks: a gigantic deficit and a projecti...