Tag Archives: Economy

OTTAWA - The prices Canadians have reported paying for goods and services have been rising more than the official inflation rate, a senior Bank of Canada official says. Deputy governor Lawrence S...

FRANKFURT - The European Central Bank has handed out 1.31 trillion euros ($1.46 trillion) in long-term, ultra-cheap credit to hundreds of banks as part of its emergency support aimed at cushioning the...

OTTAWA - The federal deficit could be on track to hit $256 billion this fiscal year due to the COVID-19 pandemic, Parliament's budget watchdog says in a new estimate that doesn't account for ...

WASHINGTON - Just weeks before North America's new trade agreement is due to take effect, regulators in the United States have launched a formal investigation into Canada's plan to change the rul...

OTTAWA - As the country enters its 13th week since the COVID-19 pandemic clamped down hard on the Canadian economy, Prime Minister Justin Trudeau concedes it's time the country gets a better...

OTTAWA - The federal Liberal government avoided defeat with help from the NDP on Wednesday as the two joined forces to pass a multibillion-dollar spending bill in the House of Commons and avert a summ...

OTTAWA - Canada's new top central banker says the Bank of Canada has no intention to raise interest rates given the current economic circumstances created by the COVID-19 pandemic. Governor Tiff Mackl...

Saskatchewan is above the national average of 32 per cent when it comes to business owners being uncertain about whether they will be able to reopen or not. According to the Saskatoon Chamber of Comme...

OTTAWA - Prime Minister Justin Trudeau says Canada and the United States will continue to limit non-essential travel between the two countries until at least July 21. Despite mounting pressure from bu...

OTTAWA - The federal government will provide eight extra weeks of benefits for people whose jobs or earnings have vanished because of the COVID-19 pandemic, but only if they look for work and tak...