Tag Archives: Economy

OTTAWA - Tiff Macklem, a former second-in-command at the Bank of Canada, is returning to the central bank to take over the top job at a moment that he says cries out for bold, unprecedented ...

TORONTO - Canada has officially entered a recession due to the economic devastation caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday. The council, whic...

TORONTO - Canada took further baby steps toward post-pandemic normalcy on Friday as Atlantic provinces began easing rigid restrictions imposed to curb the COVID-19 scourge, while Quebec's death toll c...

SMITHERS, B.C. - Hereditary chiefs who oppose a natural gas pipeline in northern British Columbia say they will sign an agreement with the federal and provincial governments that affirms their ti...

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&...