Canada Economy Covid-19

• Canada still ‘a long way off’ from COVID-19 economic recovery, experts say

  The national unemployment rate fell 1.2 percentage points to 8.2 per cent in February — the lowest rate since the pandemic was first declared in March of 2020.

  Canada

  Mar 28, 2021
  
• Gas prices drove Canadian inflation slightly higher in February

  Statistics Canada says the consumer price index in February was up 1.1 per cent compared with a year earlier.

  Economy

  Mar 17, 2021
  
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• Canada’s deficit could reach $256B due to coronavirus spending, economic effects: PBO

  The budget office estimates the economy could shrink by 6.8 per cent in 2020, the weakest showing since 1981 and double the record of 3.2 per cent shrinkage in 1982.

  Canada

  Jun 18, 2020
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• Coronavirus: Trudeau says wage subsidy program to be extended past June

  The prime minister said that employers have applied for subsidies for almost 2 million workers.

  May 8, 2020
• Coronavirus: Ottawa to keep closer eye on foreign takeovers to protect Canadian firms

  Prime Minister Justin Trudeau says the government will be watching to make sure foreign interests don't try to take advantage of the crisis by snatching up important Canadian firms, including those producing medical supplies and other important equipment.

  Canada

  Apr 19, 2020