Big spending may be ok in the short-term but watch out for structural deficits, some economists say.

Air travel in the region was down 92 per cent year-over-year from April to the end of August in comparison to 2019.

The survey found that among respondents currently receiving benefits due to the coronavirus pandemic, 45 per cent will take on more debt in the event that financial support ends.

"What we need right now are leaders, so I would tell the other candidates either lead, follow or get out of the way.”

World Bank President David Malpass told a virtual meeting of G20 finance officials that some major official creditors were not participating fully in the Debt Service Suspension Initiative (DSSI), and private creditors should stop collecting payments from the poorest countries.

Financial difficulties for older Canadians and concerns about long-term care homes could generate new demand for reverse mortgages.

Experts say the single biggest risk to the global economy before the coronavirus pandemic was household debt. That risk is now even greater.

The best-of-three game took place in January 2011.

Although the COVID-19 pandemic is bringing a lot of economic uncertainty to many Albertans, some experts say there are ways to protect and even grow your money as the crisis continues.

Cirque du Soleil is working with restructuring advisers to address a cash crunch and its roughly $900 million in debt, the sources said on Thursday.