Money

But Statistics Canada's flash estimate suggests sales fell in December.

Bitcoin was last down 10.6 per cent at US$31,724. It has lost about 27 per cent of its value after touching a record US$42,000 on Jan. 8.

A W-shaped recovery is when an economy begins to rebound from a recession quickly but then rapidly falls into another period of downturn before recovering again.

The closures would jeopardize millions of jobs, the Canadian Federation of Independent Business warns.

With record low social interactions amid coronavirus restrictions, both workplace productivity and mental health are taking a hit, a new report shows.

The domestic arm of the company behind the first coronavirus vaccine approved by Health Canada says the government should do more to attract the pharmaceutical sector to Canada.

Wattpad said its board of directors unanimously approved a cash and stock transaction Tuesday that will see it acquired by South Korean internet giant Naver later this year.

The pace of inflation slowed down from a year-over-year increase of one per cent in November, Statistics Canada said.

Canada's central bank said it expects the economy to contract in the first three months of the year.

At her confirmation hearing Tuesday, Janet Yellen said the benefits of a big package outweigh the costs of a higher debt burden.