Economic Indicators

Federal deficit to exceed $112 billion in coming fiscal year: PBO

The report also predicts that the economy will contract by 5.1% this calendar year

By The Canadian Press |March 27, 2020

1 min read

Economic Indicators

CMHC expands insured mortgage purchase program to $150B

The program provides liquidity to banks

By The Canadian Press |March 26, 2020

1 min read

Economic Indicators

Low-interest consumer credit could be on the way

The feds are asking banks to drop credit card rates in response to Covid-19

By The Canadian Press |March 26, 2020

2 min read

Economic Indicators

StatsCan tracks economic impact of Covid-19

Certain indicators are already showing the effects of the virus

By James Langton |March 26, 2020

1 min read

Economic Indicators

U.S. economy grew by 2.1% in Q4, as country braces for recession

Many economists are forecasting a record GDP decline for the second quarter of this year

By Martin Crutsinger, The Associated Press |March 26, 2020

4 min read

Economic Indicators

Liberals rejig benefits for workers affected by Covid-19

Those who lose income will receive $2,000 per month

By The Canadian Press |March 26, 2020

3 min read

Economic Indicators

More than 3 million Americans applied for unemployment benefits last week

Some economists say the nation's unemployment rate could approach 13% by May

By Christopher Rugaber, The Associated Press |March 26, 2020

5 min read

Economic Indicators

Help for clients during Covid-19

Here's a summary of benefits and other measures from the federal government

By Staff, with files from The Canadian Press |March 26, 2020

3 min read

Economic Indicators

Ontario more than doubles deficit to tackle Covid-19

The province’s package includes financial relief for parents and low-income seniors

By Allison Jones, The Canadian Press |March 25, 2020

3 min read

Economic Indicators

Covid-19 wage subsidy too small, says CFIB

The Canadian Federation of Independent Business suggests an enhanced program

By Staff, with files from The Canadian Press |March 24, 2020

2 min read

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