Economic Indicators

April unemployment stats may not be important

Economic Indicators

April unemployment stats may not be important

Statistics Canada data show the economy shed nearly 2 million jobs last month

By Greg Dalgetty |May 8, 2020

2 min read

Wage subsidy program gets extension

Economic Indicators

Wage subsidy program gets extension

The announcement comes as unemployment rate soars to 13%

By The Canadian Press |May 8, 2020

3 min read

U.S. suffers worst monthly job loss on record

Economic Indicators

U.S. suffers worst monthly job loss on record

Unemployment spiked to 14.7% as the economy shed 20.5 million jobs in April

By Christopher Rugaber, The Associated Press |May 8, 2020

5 min read

DBRS lays out grim scenarios for Canada’s mortgage market

Economic Indicators

DBRS lays out grim scenarios for Canada’s mortgage market

Even with support from governments and lenders, the agency expects mortgage arrears to increase

By Mark Burgess |May 6, 2020

2 min read