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

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.

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.

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

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

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

"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.

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

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.

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