Bank of Canada tracking supply, consumer demand for next economic outlook

A senior official at the Bank of Canada says the central bank will be paying close attention to what the post-pandemic economy can supply and what consumers demand. Deputy governor … Read More

Quebec looks to revive economy weakened by coronavirus crisis by fast tracking infrastructure projects

Quebec is looking to ramp up 202 infrastructure projects across the province in response to the novel coronavirus pandemic’s toll on the economy. Bill 61, known as an “Act to … Read More

Coronavirus: Quebec has received 55,000 applications for long-term care jobs, Legault says

After calls for help in long-term care homes amid the novel coronavirus crisis, Quebec’s premier says 55,000 people have signed up to study and become orderlies. François Legault made the … Read More

Air Canada raises $1.6B to offset losses as coronavirus lockdown slashes sales

Air Canada has raised $1.59 billion from share and debt offerings intended to offset some of the carrier’s losses from the coronavirus pandemic. The company said Tuesday it sold 35.4 … Read More

Coronavirus: Manitoba businesses, services set to open Monday amid provincial reopening plan

Manitoba is set to reopen as the province’s COVID-19 numbers slowly dwindle and the infection curve remains flat. More than a dozen different types of businesses and services are allowed … Read More

‘The numbers don’t lie:’ Restaurant owners feel toll over coronavirus closures

Michael Raviele agonized for hours over how to break the news to his loyal customers before finally announcing at 4:30 a.m. on May 15 that he was closing Il Gatto … Read More

Coronavirus: What does Banff look like without international tourism?

Banff is all about tourism. In fact, almost its entire economy is tourism-based. “The Town of Banff‘s reason for being a municipality is to provide services to visitors to Banff … Read More

At least 14 million people could go hungry in Latin America due to coronavirus: UN

The U.N. World Food Program is warning that upward of at least 14 million people could go hungry in Latin America as the coronavirus pandemic rages on, shuttering people in … Read More

PBO predicts $520M price tag for feds’ coronavirus commercial rent relief program

By Staff The Canadian Press Posted May 27, 2020 10:22 am Updated May 27, 2020 10:24 am Smaller font Descrease article font size –A Larger font Increase article font size … Read More

Las Vegas casinos to reopen in early June, Nevada’s governor announces

Nevada Gov. Steve Sisolak announced Tuesday night that he would allow casinos to reopen June 4, welcoming tourists to return to the glitzy gambling mecca of Las Vegas. “We welcome … Read More

10-days paid sick leave could be more costly than beneficial, experts say

As the federal government discusses the possibility of implementing 10 paid sick days for workers across Canada amid the novel coronavirus pandemic, experts caution that doing so could be more … Read More

Childcare, second wave of pandemic key concerns among moms returning to work after maternity leave

Whether returning to a workplace transformed by the novel coronavirus pandemic, working from home for the first time or being unable to resume work at all, it’s a tumultuous time … Read More

Coronavirus: N.L. nears 3rd week without new cases, P.E.I. almost a month free

Newfoundland and Labrador is approaching three full weeks without detecting a new case of COVID-19. The province reported no new cases on Monday for the 18th day in a row, … Read More

Montreal, Laval public transit agencies hand out free masks amid COVID-19 pandemic

As the region slowly reopens, public transit authorities and local officials in Montreal and Laval are handing out thousands of free masks to commuters in a bid to stem the … Read More

Montreal-area retail stores reopen as coronavirus lockdown eases

Businesses in the Greater Montreal area are reopening on Monday after they were forced to close in late March due to the novel coronavirus pandemic. The region is the last … Read More

New Brunswick barbershops busy as province enters new phase of COVID-19 recovery

Some New Brunswickers may be a little less shaggy on Saturday. Barbershops and hair salons are allowed to open in New Brunswick during the “yellow” phase of the province’s COVID-19 … Read More

Hertz files for bankruptcy as car rentals disappear amid coronavirus pandemic

Hertz filed for bankruptcy protection Friday, unable to withstand the coronavirus pandemic that has crippled global travel and with it, the heavily indebted 102-year-old car rental company’s business. The Estero, Florida-based … Read More

New Brunswick reverses ban on temporary foreign workers

New Brunswick has reversed its ban on temporary foreign workers almost a month after it was first announced. Premier Blaine Higgs said that the decision was made by the all-party … Read More

China omits GDP goal for first time ever to help save coronavirus-ravaged economy

China omitted a 2020 economic growth target for the first time and pledged government support for the economy in Premier Li Keqiang’s work report on Friday, launching the country’s annual … Read More

Canada, U.S. business group urges cross-border teamwork on post-coronavirus response

WASHINGTON ⁠— Travel between Canada and the United States is still restricted but businesses, diplomats and communities that depend on cross-border traffic are urging the two countries to join forces … Read More

Seniors need more than one-time top-ups if coronavirus pandemic lingers: advocates

Canadian seniors will need more financial help from the federal government to weather the COVID-19 pandemic if their increased living costs continue for months longer, advocates say. Organizations representing seniors … Read More

No physical distancing needed on flights, but ban washroom lineups: airline trade group

The trade association for the world’s major airlines is proposing a range of measures aimed at relaunching the global air travel industry — including an end to in-flight physical distancing … Read More

‘A critical transition’: Stage 1 of Ontario’s gradual reopening begins Tuesday

Tuesday marks the first day that a limited number of Ontario businesses can open their doors after powering down for about two months due to the spread of the novel … Read More

Coronavirus: Germany, France propose EU economic recovery fund worth 500B euros

BERLIN — The leaders of Germany and France agreed Monday on a one-off 500 billion-euro ($543 billion) fund to help the European Union recover from the coronavirus pandemic, a proposal … Read More

Coronavirus: Quebec gets green light to reopen Montreal-area businesses on May 25

After being shuttered for nearly two months due to the novel coronavirus pandemic, some retail stores and businesses will reopen in the Greater Montreal area on May 25. Quebec Premier … Read More

Quebec gets green light to reopen Montreal businesses, daycares as planned amid COVID-19 pandemic

Quebec will allow some retail stores and businesses to reopen in the Greater Montreal area on May 25 as the province recorded its lowest number of deaths attributable to the … Read More

Commercial rent relief plan gave businesses hope, but landlords reluctant to participate

Bill Pratt hasn’t paid some $70,000 in rent for his restaurants in Atlantic Canada since April after having to shutter operations due to the COVID-19 pandemic and experiencing a “critical” … Read More

More Canadians likely to shop, eat out than go to concerts, sports games in 2020: poll

Canadians are more likely to shop or eat at a restaurant than attend a live concert, sporting event or movie theatre this year as the coronavirus pandemic stretches on, according … Read More

Coronavirus conspiracy theory linking pandemic to 5G technology sparks cell tower fires

On Friday, May 1, police in Laval, Quebec, received a call that a cellular tower was on fire. One week later, provincial police arrested a couple in their 20s in … Read More

U.S. House passes new $3T coronavirus aid bill that faces Senate, Trump opposition

Democrats powered a massive $3 trillion coronavirus relief bill through the House on Friday, an election-year measure designed to brace a U.S. economy in free fall and a health care system struggling … Read More

U.S. Houses passes new $3T coronavirus aid bill that faces Senate, Trump opposition

Democrats powered a massive $3 trillion coronavirus relief bill through the House on Friday, an election-year measure designed to brace a U.S. economy in free fall and a health care system struggling … Read More

Coronavirus: Freeland won’t say if U.S. wants border deal extended beyond June

Canada and the United States are both “very comfortable” with their mutual ban on non-essential cross-border travel, but Deputy Prime Minister Chrystia Freeland won’t say if the Americans want to … Read More

The New Reality: Bubble between N.B. and P.E.I. ‘best bet’ for tourism industry, travel

This is the third in a series of stories looking at the new reality of life during the COVID-19 pandemic in the Maritimes. You can find the full series here.  … Read More

‘Wouldn’t that be nice?’: Trump wants to prepare U.S. stockpile for future pandemics

U.S. President Donald Trump said Thursday that he intends to prepare for future pandemics by replenishing the national stockpile and bringing manufacturing of critical supplies and equipment back to the … Read More

Provinces slowly reopen as Quebec surpasses 40,000 coronavirus cases

Deaths due to the novel coronavirus in Canada totalled 5,472 as of Thursday, while the global death toll climbed past 300,000. Canada has 73,389 cases of COVID-19 so far, the … Read More

Coronavirus: Europe’s first ‘travel bubble’ is between Lithuania, Latvia, Estonia

Lithuania, Latvia and Estonia opened their borders to each other at the stroke of midnight, creating the first “travel bubble” within the European Union in a bid to jump-start economies … Read More

Printing and signage businesses are booming as New Brunswick companies reopen

New Brunswick businesses are reopening as COVID-19 restrictions begin to relax and business is booming for the sign-making industry. As stores reopen their doors they’re often using signage to display … Read More

Coronavirus aid applications for Canadian students, recent grads open May 15

Canadian students and recent graduates who have lost income or summer jobs as a result of the novel coronavirus pandemic can apply to receive funding from an emergency aid program … Read More

Applying for the Canada Emergency Student Benefit? Here’s what you need to know

Canadian post-secondary students and recent graduates who have lost income or summer jobs as a result of the novel coronavirus pandemic can apply to receive funding from an emergency aid … Read More

Coronavirus: Smaller Canadian airlines fear being left out of federal aid programs

As the federal government gears up to deliver relief measures for hard-hit industries, smaller airlines worry they’ll be left out. Prime Minister Justin Trudeau announced Monday that federal financing will … Read More

Coronavirus: Over 300 lawmakers urge IMF, World Bank to cancel poor countries’ debt

Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in response to the coronavirus … Read More

B.C. well positioned to host games if NHL returns to complete the season: premier

If the NHL returns this season, British Columbia is on the fast track to hosting games. Premier John Horgan spoke to NHL Commissioner Gary Bettman on Tuesday, and the premier … Read More

Elon Musk says he’s ready for his arrest as Tesla plant reopens against local order

Tesla Inc Chief Executive Elon Musk on Monday said production was resuming at the automaker’s sole U.S. vehicle factory, in California, defying an order to stay closed and saying if … Read More

Strict coronavirus lockdown in France set to lift, re-opening shops, hair salons

Millions of French people are set to cautiously emerge from one of Europe’s strictest lockdowns on Monday, once more able to engage in everyday activities that have become unexpectedly precious, … Read More

Do I have to return to the office? Employment lawyer answers common COVID-19 questions

As provinces begin the slow process of reopening their economies and people start returning to the workplace, questions abound about the rights of employees and responsibilities of employers in the … Read More

Elon Musk threatens to move Tesla out of California over coronavirus rules

Tesla CEO Elon Musk threatened Saturday to pull the company’s factory and headquarters out of California in an escalating spat with local officials who have stopped the company from reopening … Read More

Global economic downturn from COVID-19 could be worse than first projected: IMF

The head of the International Monetary Fund on Friday signaled a possible downward revision of global economic forecasts, and warned the United States and China against rekindling a trade war … Read More

Trump says ‘no rush’ for more U.S. financial aid despite 20M job losses last month

President Donald Trump said Friday he’s in “no rush” to negotiate another financial rescue bill, even as the government reported that more than 20 million Americans lost their jobs last … Read More

Coronavirus: How long will pandemic-related job losses last in Canada?

New figures are painting a grim picture of the coronavirus pandemic’s impact on Canadians: the economy shed nearly two million jobs in April, driving the total number of job losses … Read More

Ottawa-Gatineau posts third-lowest April unemployment rate in Canada amid pandemic

The National Capital Region’s economy appears to be among the most resilient in the country to the disruption of the novel coronavirus pandemic, according to the latest Labour Force Survey … Read More