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Canada’s stock market collapse is like nothing we’ve ever seen before

That doesn't mean the stock market should be shut down until Covid-19 panic has passed The post Canada’s stock market collapse is like nothing Read More

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Economy – Macleans.ca

Canada’s stock market collapse is like nothing we’ve 2020-03-19 18:08:43That doesn't mean the stock market should be shut down until Covid-19 panic has passed The post Canada’s stock market collapse is like nothing

The Dow fell below where it was when 2020-03-16 21:34:14Here's what Donald Trump tweeted about the stock market on its long march higher, plotted against the market's abrupt reversal, which has wiped out

Tim Hortons: Roll up your personal information to 2020-03-11 19:08:34As Tim Hortons launches its first entirely virtual Roll Up The Rim contest, a lot of Canadians aren't thrilled with the idea of handing over yet more

An autopsy on the death of the Bombardier 2020-03-11 14:15:38How the company’s ambitions for global domination fell apart, as told through five decades of annual reports The post An autopsy on the death of

Mark Carney heads to Ottawa 2020-03-10 15:30:26His stint as governor of the Bank of England is ending. Ottawa, here he comes—for some free time, and likely with a plan for a new path The post

The economics of the toilet paper panic—and why 2020-03-10 09:59:32Like the coronavirus, fear is contagious, and it's leading shoppers to do some crazy things The post The economics of the toilet paper panic—an

The coronavirus market crash leaves Alberta running on 2020-03-09 21:08:35The Jason Kenney government planned for sagging oil prices, not a full market meltdown. Will the premier now go cap-in-hand to Ottawa? The post The co

Canada needs a coronavirus stimulus plan. Here’s what 2020-03-09 20:47:03As the stock market crashes and oil prices plunge, experts agree fiscal stimulus is needed, but differ on how big it should be and what form it should

Do we really expect Canadian households to bail 2020-03-07 13:43:16Jason Kirby: Why the Bank of Canada's rate cut could lead to the return of out of control house prices and dangerously over-extended households The p


Canada looking to disinfect used masks, Tam asks New! 2020-04-05 17:03:49

Bars, cannabis sector eligible for $40B credit program New! 2020-04-05 16:25:52

Cannabis bankruptcies begin as coronavirus pandemic halts financing New! 2020-04-05 15:24:58The industry, already plagued by a tough regulatory environment and disappointing sales, is now facing a pandemic-related collapse in stock markets an

No COVID-19 testing at home yet but quicker New! 2020-04-05 15:12:58The FDA is permitting companies to launch certain types of finger-prick tests that can detect whether people may have recently been infected.

COVID crisis prompts B.C. mill to boost medical New! 2020-04-05 14:27:30

Fast-moving coronavirus pits treating patients against finding a New! 2020-04-05 13:56:20With tens of thousands of patients in the U.S. hospitalized and no proven drugs to treat them, the crisis has exacerbated an always-present tension in

Aramco delays oil pricing amid Saudi-Russia row on New! 2020-04-05 13:41:19State oil producer Saudi Aramco is now set to announce its official selling prices for May on Thursday.

Wild variations in Canadian jobs poll reflect employment New! 2020-04-05 12:03:17More than 2 million Canadians applied for employment insurance in the second half of March as jobs were cut in the crisis.

Airbus CEO donates bonus to charity amid coronavirus New! 2020-04-05 11:48:52CEO Guillaume Faury will donate his 2019 bonus to non-governmental and humanitarian organizations.

Coronavirus data-sharing puts new pressure on privacy protections New! 2020-04-05 11:38:29Some big-tech companies are now stripping location data collected from users of personal identification markers, aggregating it, and providing it to r

Five things to watch for in the Canadian 2020-04-05 10:00:05

COVID response offers chance to shift direction of 2020-04-05 10:00:04

: Money

‘Our province has run out of time’: Nfld 2020-04-01 16:49:12Premier Dwight Ball tells Prime Minister Justin Trudeau that Newfoundland and Labrador would be unable to pay its bills without immediate federal assi

How the coronavirus pandemic is affecting food security 2020-04-01 15:57:34How is the COVID-19 affecting those experiencing food insecurity? Are more people going to become food insecure? Here's a look at what's going on.

Coronavirus has ‘unprecedented’ number of Canadians making a 2020-04-01 13:48:52The number of Canadians making wills and signing powers of attorney has spiked in the past two weeks.

Coronavirus: stocks tumble as Trump warns of ‘very, 2020-04-01 10:19:29Investors fled to safe-haven assets amid dire predictions about the U.S. death toll from the virus.

Your rent is due. What help is available 2020-03-31 17:18:58All provinces have to some degree suspended evictions. But what help is available to tenants varies significantly across Canada.

Coronavirus: S&P 500 headed for worst first quarter 2020-03-31 10:34:27In Toronto, however, Canada's benchmark index was up in early trading.

Canada’s GDP up just 0.1% in January, before 2020-03-31 10:01:16Canada's economy was already slowing down before the virus outbreak hit home.

Canadians who didn’t have a job even before 2020-03-30 18:13:15Experts worry more is needed for those who were unemployed before the onset of the crisis and new graduates.

TSX down amid oil rout while Wall Street 2020-03-30 10:04:33Canadian and U.S. stock indeces were on different paths at the start of the trading week on Monday.

Oil price plunges to 2002 lows amid global 2020-03-30 09:40:10Energy prices continued their slide as forecasts for a global economic recession worsen.

Dyson to produce 15,000 ventilators to help with 2020-03-26 16:56:51Of those ventilators, 10,000 have been ordered by the U.K. government.

EI for COVID-19? What we know so far 2020-03-26 15:47:30Details are still scarce, but here's what we know so far.

Canada Business - The

Canadian Restaurants Hit By COVID-19 Downturn Morph Into 2020-04-02 14:43:12Toilet paper with your takeout or sacks of flour with your dozen of delivered cookies might become the new normal as Canadians continue the weather th

Canada’s Budget Deficit To Hit $180 Billion In 2020-04-02 10:34:59MONTREAL ― Canada’s federal government is headed for a $180-billion deficit this year, economists say ― about seven times larger tha

CERB, EI Or Wage Subsidy? What COVID-19 Financial 2020-04-01 19:56:24As we settle into a new month of life in the coronavirus pandemic, more and more details are emerging about the financial assistance available to Cana

Federal Wage Subsidy Plan, New Benefit Will Cost 2020-04-01 18:22:53OTTAWA — Parliamentarians will soon find themselves voting anew on spending measures to help the country to combat the financial fallout from CO

Canadian Underwear Maker Stanfield’s Sets Sights On Making 2020-04-01 08:37:00HALIFAX — A historic Canadian undergarment factory famed for long johns and boxer shorts is about to rapidly reinvent itself as a domestic produ

Air Canada Won’t Tell Staff How Many COVID-19 2020-03-31 14:13:36TORONTO — Air Canada is the only major Canadian airline refusing to release numbers to the public or its flight attendants about how many employ

Canadian Money Laundering Gets Hilarious Twist During COVID-19 2020-03-31 13:55:59If there was ever a time Canadians should be grateful that their cash is made out of plastic, this would be it.Videos and photos of polymer bills gett

Tenants Want Rent Freeze From Landlords As April 2020-03-31 13:04:01In about 30 minutes, Joshna Maharaj’s next three months’ income disintegrated. Amid growing concerns over the spread of COVID-19, the

Feds Order Millions Of Masks, Thousands Of Ventilators 2020-03-31 12:39:33Millions of masks and thousands of ventilators have been ordered by the federal government to shore up the national stockpile of supplies needed to tr

I'm A Landlord Who Waived April Rent. I'll 2020-03-31 09:45:16As told to HuffPost associate editor Connor GarelI’m a landlord. It’s not my full-time job, but I own a semi-detached triplex in Toronto&r

Keystone XL Pipeline Will Go Ahead, TC Energy 2020-03-31 09:27:30CALGARY ― TC Energy Corp. gave the go ahead for construction of its US$8-billion Keystone XL Pipeline project on Tuesday, with a helping hand fr

Disinfect Your Mailboxes To Stop COVID-19 Spread, Postal 2020-03-31 08:17:49OTTAWA — The union representing Canada Post employees is asking Canadians to disinfect their mailboxes to help prevent the spread of COVID-19.Th

CBC | Business News

U.S. economy lost jobs in March for 1st 2020-04-03 09:05:49The U.S. economy lost 701,000 jobs in March, and the jobless rate spiked by almost a full percentage point to 4.4 per cent. The data released Friday,

Neiman Marcus may seek bankruptcy protection 2020-04-03 07:38:08Neiman Marcus Group is stepping up preparations to seek bankruptcy protection, after the coronavirus pandemic forced the debt-laden U.S. luxury depart

Canadian passengers on virus-stricken Coral Princess cruise ship 2020-04-03 04:00:00Canadian passengers on the Coral Princess cruise ship nearing Fort Lauderdale, Fla., worry how they’ll get home after at least a dozen COVID-19

Why are credit card rates not coming down 2020-04-03 04:00:00As governments rush to offer financial relief packages to homeowners, renters, small businesses and employees impacted by COVID-19, some Canadians are

Canada and U.S. in 'close contact' amid oil 2020-04-02 18:34:28Canada has been in close discussions with the United States about the oil price shock that's battered North America's energy sector,&

Quibi gambles with mobile-only streaming platform amid COVID-19 2020-04-02 16:19:09Creators of the freshly minted subscription streaming platform Quibi had a tough sell on their hands even before the COVID-19 pandemic spiralled us in

'This has been a nightmare': Canadian passengers on 2020-04-02 14:07:36An ill-fated cruise that has had a COVID-19 outbreak and four deaths is finally coming to an end after politicians in Florida agreed to allow its

Oil price jumps 25% to $25 a barrel 2020-04-02 11:53:09Saudi Arabia called on Thursday for an emergency meeting of OPEC, Russia and other oil producers to stabilize the oil market, which has been in turmoi

Cenovus suspends dividend to conserve cash amid oil 2020-04-02 10:15:31Cenovus Energy Inc. is temporarily suspending its dividend and cutting its capital spending plan by an additional $150 million on top of a reduction a

10M Americans have filed for jobless benefits in 2020-04-02 08:51:51More than 6.6 million Americans filed for new jobless claims last week, doubling the record amount seen the previous week, when the COVID-19 crisis wa

Long waits for COVID-19 test results reveal Canada's 2020-04-02 04:00:48Long waits for COVID-19 test results are due in part to a shortage of medical laboratory professionals in Canada, according to lab workers' associati

Coronavirus lockdown has forced us into an economic 2020-04-02 04:00:32From the trite to the sublime, the world is being coerced into a grudging socioeconomic beta test. Not all will make it to the final product release b

Christian Science Monitor |

Federal Reserve unleashes unprecedented support for US economy 2020-03-24 11:05:33The Federal Reserve's new programs go beyond any rescue attempt done during the 2008 crisis to both stabilize the economy and alleviate panic in fina

The next Tesla? Why Ohio’s ‘Voltage Valley’ has 2020-03-20 16:03:27Lordstown Motors is retooling a shuttered GM factory to make electric pickup trucks. Success may hinge on federal policy as well as local ingenuity.

Grocery clerks get a new title: Emergency responders 2020-03-20 13:12:00As unexpected front-line workers in a crisis, food store clerks win praise, respect, and even formal “emergency worker” recognition in som

From Milan to Miami, locked-in nations try to 2020-03-19 17:42:00A global health crisis has become an economic crisis spurring governments to open checkbooks, not to avert a recession as much as to lessen severity.

A temporary government stimulus brings stock market stability 2020-03-19 12:13:06Governments worldwide are quickly moving to establish financial aid packages to stabilize stock markets. The hope is to avoid a long-term economic rec

Not just for the military: More chaplains come 2020-03-19 11:58:00Workplace chaplains are becoming more common as some companies look to supplement employee assistance programs.

'Despite whipping out the big guns' Dow dives 2020-03-16 17:03:41Volatility is the new normal in Wall Street as the stock market plunged again for its worst day in more than three decades. But President Donald Trump

Preventative move? US Fed Reserve abruptly cuts interest 2020-03-15 18:19:00Concerned about slowing economic activity, the U.S. Federal Reserve made a surprise move Sunday to cut rates and inject $700B into bond markets.

Worst market day since 1987; wide-scale event cancellation 2020-03-12 17:42:46Wall Street ended its unprecedented bull-market run of nearly 11 years Thursday when the S&P 500 plummeted 9.5%. The cancellations of sports tourn

When fear goes viral: Battling prejudice in Chinatown 2020-03-10 16:54:00Fear of COVID-19 can fan racism. But our reporter finds that communities around the world are countering prejudice with acts of kindness and gratitude

Why COVID-19 is likely to change globalization, not 2020-03-09 15:46:00Can the world’s connecting fabric be undone by the coronavirus? Business experts say the benefits of trade are undiminished.

Black Monday: Why global stocks and oil prices 2020-03-09 10:16:00The combination of the Russia vs. Saudi Arabia oil price war and a crash in equities triggered by coronavirus economic concerns led to what analysts a

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