covid economy

• Regulator raising big banks’ capital buffer as COVID-19 disruptions ease

  The increase to the amount of capital the banks must hold to cover unexpected losses will take effect on Oct. 31.

  Economy

  Jun 17
• COVID-19: Summer could be the start of economic rebound for Montreal

  The city's downtown economy has taken a beating because of the pandemic.

  Economy

  May 21
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• Global consumers still in ‘pandemic mindset’ despite COVID-19 vaccines: survey

  People in the world's leading economies remain overwhelmingly nervous about returning to life as normal, even after having being vaccinated against COVID-19.

  World

  May 20
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• U.S. consumer prices surged 4.2% in April as inflation worries escalate 

  The acceleration in prices, which has been building for months, has unsettled financial markets and raised concerns that it could weaken the economic recovery.

  Economy

  May 12
• Canadian economy shows small gain in February, growing 0.4%

  Statistics Canada estimates the economy grew at an annualized rate of 6.5 per cent in the first quarter of the year.

  Economy

  Apr 30
• Canada’s annual pace of inflation jumps to 2.2% in March

  Statistics Canada said Wednesday the consumer price index in March was up 2.2 per cent compared with a year ago.

  Economy

  Apr 21
• Bank of Canada keeps rates at 0.25%, raises country’s economic outlook

  The Bank of Canada on Wednesday announced it is keeping its key interest rate target on hold as it raises its outlook for economic growth this year.

  Canada

  Apr 21
• Feds announce $5.9B aid package to Air Canada to help customer refunds, jobs

  The agreement promises that any Air Canada customers who want a refund over "pandemic-related cancelations" will be able to get one.

  Canada

  Apr 12
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• G20 boosts IMF reserves, extends debt-servicing freeze for poorer countries

  G20 finance ministers and central bank governors are also expected to revive a pledge to fight trade protectionism.

  World

  Apr 7
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• A Roaring 20s economic rebound for Canada depends on these things

  Pent-up demand for social interaction, plus record savings during COVID-19, could fuel an economic bump reminiscent of the Roaring 20s, a growing number of economists say.

  Money

  Mar 31