Economic Impact Coronavirus
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Ottawa’s Tanger Outlets cleared for holiday shopping pending council approvalAn Ottawa committee carried a motion Tuesday morning to allow the Tanger Outlets mall to open on holidays.Sep 1, 2020
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U.K. economy could see worst slump since 1706 due to COVID-19The warning comes from the Bank of England, which says the economy could start to recover during the second half of the year as the lockdown restrictions start to be lifted.WorldMay 7, 2020
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Canada has slipped into recession due to COVID-19, C.D. Howe council saysIn a report released Friday, the council said the economy peaked in February before the steps taken to slow the spread of the coronavirus brought the economy to a standstill.CanadaMay 1, 2020
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Cineplex, MEC lay off thousands as coronavirus pandemic shutters stores, theatresMEC, which just recently opened a new flagship store in Vancouver, did not discuss what the ongoing pandemic would mean for the future of its bricks-and-mortar locations.CanadaMar 23, 2020
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TSX, Wall Street rebound amid hopes of fiscal stimulus by U.S., other governmentsThe S&P/TSX composite index closed up 443.85 points or 3.1 per cent to 14,958.09 after losing 1,660.78 points on Monday.EconomyMar 10, 2020
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Coronavirus economic impact offers lesson for Canadian businesses: expertPerrin Beatty said it drives home the need for companies to have diverse supply chains.CanadaFeb 9, 2020
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China’s stock index dives 8 per cent but other world markets stableChina's financial market plunged on Monday, when it reopened after a prolonged Lunar New Year holiday.MoneyFeb 3, 2020
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