Coronavirus Economic Impact

• Want to apply for the new coronavirus rent subsidy program? Here’s what to know

  The Canada Emergency Rent Subsidy kicks in on Monday as coronavirus cases spike across the country.

  Canada

  Nov 23, 2020
  
• S&P keeps City of Edmonton’s credit score at AA as it faces challenges because of pandemic

  The City of Edmonton's chief financial officer said Wednesday she is very please a major international credit rating agency is maintaining the city's credit score as it continues to grapple with new challenges brought on by the COVID-19 pandemic.

  Economy

  Aug 5, 2020
  
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• Online shopping sales surge by 99% in Canada amid coronavirus pandemic 

  Statistics Canada says e-commerce sales hit a record $3.9 billion in May, a 2.3 per cent increase over April and 99.3 per cent increase over February.

  Money

  Jul 24, 2020
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• Canada’s coronavirus deficit soaring to $343B as feds warn of ‘permanent change’ to economy

  Officials warn the economy might never go back to normal after coronavirus.

  Politics

  Jul 8, 2020
• Canadian horse owners could be forced to sell for slaughter as finances battered by COVID-19

  The fates of some 46,500 horses owned by those facilities in question.

  Canada

  May 15, 2020
• Canada’s biggest companies getting new loans, financing to weather COVID-19

  The program will place limits on dividends, share buy-backs and executive pay.

  Canada

  May 11, 2020
• European Union predicts ‘recession of historic proportions’ over COVID-19 impact

  "It is now quite clear that the EU has entered the deepest economic recession in its history," EU Economy Commissioner Paolo Gentiloni told reporters in Brussels.

  World

  May 6, 2020
• Oil site cleanup program sees 18,000 applications in 4 days, ‘significantly’ over expectations

  Natural Resource Minister Seamus O'Regan called uptake "significantly higher" than expected.

  Canada

  May 5, 2020
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• Four possible steps to restarting a coronavirus-plagued economy

  That means COVID-19 will impact the economy for months, maybe years, but reopening businesses cannot wait until the virus is eradicated, say Loren Falkenberg and Jillian Walsh.

  Commentary

  Apr 25, 2020
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• Global deal in the works to pump less crude oil, stabilize market

  Oil prices have more than halved since the start of the year amid a pricing war between Saudi Arabia and Russia.

  Economy

  Apr 9, 2020