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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

TORONTO STAR | BUSINESS

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

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

Cannabis bankruptcies begin as coronavirus pandemic halts financing 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 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 2020-04-05 14:27:30

Fast-moving coronavirus pits treating patients against finding a 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 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 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 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 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

COVID-19 Field Hospitals In High Demand, Calgary Company 2020-04-06 15:45:32CALGARY ― A Calgary company says it has received more than 100 requests over the past two weeks to set up field hospitals, quarantine accommodat

What Is Going On With Canadian Real Estate 2020-04-06 12:25:49 Home sales and listings in Canada’s hottest housing markets dropped rapidly in March as the COVID-19 lockdown arrived.The coming weeks wil

Should You Use A Broker Or A Bank 2020-04-06 10:57:21Whether you’re after a mortgage for a home you’re about to buy or renewing the mortgage for a property you already own, you’ll alway

Canadian Workers Can Now Apply For Emergency Benefits 2020-04-06 07:49:06OTTAWA — Applications open Monday for the new federal emergency aid benefit for Canadians who lost their income because of COVID-19.The Canada R

Here Are The Canadian Organizations In The Race 2020-04-04 10:31:55MONTREAL ― As the COVID-19 lockdown draws on, it is beginning to dawn on Canadians that a return to normal ― a real return to normal ̵

Canada's New Benefit System Leaves A Third Of 2020-04-04 09:00:49MONTREAL ― The federal government should quickly update its plans for emergency unemployment benefits to include a large group of jobless Canadi

Why It's Important To 'Buy Local' During A 2020-04-03 21:20:14Our world runs on supply chains. The flour you bake with, the clothes you’re wearing, heck, this very information you’re receiving through

Canadian Hotels Light Up With Hearts To Spread 2020-04-03 19:16:26In an era where everyone’s weary of spreading germs, some Canadian hotels are looking to spread some hope. A travel ban due to the COV

How I'm Dealing With Poverty In The Pandemic 2020-04-03 18:09:03As a single mother of three who’s fallen through Canada’s safety net before, I spend a lot of time counting. Counting the money in my bank

Canada's Indie Internet Providers Raise Prices Amid Increased 2020-04-03 12:45:09TORONTO ― Amid the workplace disruptions, household distractions and widespread unemployment brought by the COVID-19 crisis, it couldn’t b

Stop Sending N95 Masks To Canada, Trump White 2020-04-03 11:51:25WASHINGTON — A battle is shaping up between Donald Trump’s White House and one of the world’s largest manufacturers of protective me

Tim Hortons Opens Up Hundreds Of Public Washrooms 2020-04-03 10:03:39Tim Hortons will open washrooms and front counters at 400 of its locations near major highways to truckers as governments call for business to support

CBC | Business News

TSX and Dow close higher Monday on tentative 2020-04-06 10:39:03Stocks jumped in markets around the world Monday after some of the hardest-hit areas offered sparks of hope that the worst of the coronavirus outbreak

Allstate giving U.S. customers a 15% discount 2020-04-06 10:11:30Insurance company Allstate is offering its U.S. customers a 15 per cent discount on their bills for April and May as most of the country finds itself

Restaurant chain owner MTY lays off workers, cuts 2020-04-06 09:46:39MTY Food Group Inc. has suspended its quarterly dividend, temporarily laid off over half of its workforce and reduced the base salaries of its leaders

Oil prices pull back after OPEC and Russia 2020-04-06 08:37:50Oil prices fell on Monday after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help to reduce global oversupply as the co

Inflation's return would upend consumer and market strategies: 2020-04-06 04:00:00Some economists warn that among the many destabilizing effects of the COVID-19 crisis could be the end of more than a decade of low inflation.

Trump threatens imposing tariffs on 'oil coming from 2020-04-05 19:31:36U.S. President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to “protect” U.S. energy workers from the

Fighting COVID-19: Supplies, testing and scams: CBC's Marketplace 2020-04-05 09:00:00CBC's Marketplace rounds up the consumer and health news you need this week.

How the woes of Canada's oil industry could 2020-04-05 04:00:00The problems plaguing the oil industry — a sharp drop in fuel demand and OPEC countries flooding the market with oil — could mean higher p

Canada's fitness industry is going online to stay 2020-04-05 04:00:00COVID-19 has forced owners of gyms and fitness studios to close their doors, but many are opening up online in hopes it will help get them through the

Canada's big banks cut credit card interest rates 2020-04-04 18:55:15Canada's Big Six banks have said they will reduce interest rates on credit cards to provide relief to customers affected by COVID-19 pandemic.

2 dead on virus-stricken Princess cruise ship docked 2020-04-04 11:33:33Two people have died on the coronavirus-striken Coral Princess cruise ship which has docked in Miami. There are 99 Canadians onboard the ship.

Whitehorse businesses say they need financial help now, 2020-04-04 07:00:00The federal government has promised to help small businesses, but the money isn't flowing yet.

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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