Tag Archives: Economy

OTTAWA - The federal deficit for the year could top $252.1 billion as a result of the COVID-19 pandemic, Parliament's budget watchdog predicted in a report that warned the figure could go even higher&...

TORONTO - COVID-19 has now spread to every region in Canada, with Nunavut reporting its first case on Thursday, as Ontario reported its largest one-day climb in fatalities and the country's budget off...

OTTAWA - Almost one-third of businesses could stay open if physical distancing rules remain in place for six months, but nearly as many suggest they won't survive that long, according to sur...

OTTAWA - As some provinces considered staggered steps Wednesday towards reopening their economies, Prime Minister Justin Trudeau made clear some of them may ease restrictions at different speeds. Trud...

WASHINGTON - The federal government has betrayed Canada's dairy processors by allowing the United States to activate the new North American trade deal on July 1 - a month earlier than t...

OTTAWA - About 280 MPs took part Tuesday in Canada's first-ever virtual House of Commons and declared it a success despite numerous technical hiccups. Commons Speaker Anthony Rota wrapped up the&...

VANCOUVER - Restaurants struggling to survive during the COVID-19 crisis have turned to take-out and delivery, but the fees charged by food-delivery companies are eating away their bottom line, s...

OTTAWA - While researchers across the planet race to find a vaccine for COVID-19, a new poll suggests Canadians are divided over whether getting it should be mandatory or voluntary - setting up a pote...

OTTAWA - Thousands of businesses have applied for the federal government's $73-billion wage subsidy program, joining a COVID-19 emergency economic plan that industry groups warn is becoming more ...

Prime Minister Justin Trudeau said Monday that Ottawa will help guide, but not dictate, how provinces and territories should start easing COVID-19 restrictions as Canada's two hard...