covid economy

• Canada’s economy grew 3.1% in the first quarter, slower than expected

  The growth for the first quarter came as the economy grew 0.7 per cent in March.

  Economy

  May 31
  
• Desire for private flying amid COVID-19 still around: ‘If anything demand has accelerated’

  A shift toward private flying that more wealthy Americans saw as a necessary luxury during COVID-19 is now showing signs of becoming a mainstay.

  World

  May 2
  
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• Employers face juggling act with return-to-work plans: ‘People don’t like change’

  As COVID-19 restrictions are lifted and case numbers ease, some companies want workers back in the office five days a week, while others are exploring different options.

  Canada

  May 2
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• It’s getting more expensive to be unvaccinated in the U.S.

  Forgoing COVID vaccination can lead to layoffs, ineligibility to collect unemployment, higher insurance premiums, and growing out-of-pocket medical costs.

  Economy

  Mar 25
• Canadians did ‘a lot of shopping’ in January despite renewed COVID restrictions

  However, Statistics Canada said its early estimate for February suggests retail sales fell 0.5 per cent for that month.

  Consumer

  Mar 18
• COVID-driven exodus out of big cities could fuel wage inflation, experts warn

  A pandemic-driven exodus of young families out of Canada's largest cities risks accelerating wage inflation in certain industries, experts say.

  Economy

  Feb 14
• Canadian used car sales rose 5% in 2021 amid semiconductor shortages

  Independent car dealers saw weaker growth than franchised dealers last year because they lack off-lease trade-ins, according to the report.

  Consumer

  Feb 9
• U.S. sees strong job gains in January despite Omicron surge

  The U.S. economy created far more jobs than expected in January despite the disruption to consumer-facing businesses from a surge in Omicron COVID-19 cases.

  Economy

  Feb 4
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• Canada lost 200K jobs in January amid Omicron-driven shutdowns

  The unemployment rate rose to 6.5 per cent in January.

  Economy

  Feb 4
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• Canada’s economy grew 0.6% in November before Omicron took hold

  Statistics Canada says its initial estimate for December suggests real GDP was essentially unchanged for the final month of 2021.

  Economy

  Feb 1