COVID-19 CANADÁ
- Canadá
CMHC says annual pace of housing starts, excluding Quebec, down in May
Canada Mortgage and Housing Corp. says the annual pace of housing starts, excluding Quebec, in May fell 20.4 per cent…
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Canada added 290,000 jobs in May
After losing more than three million jobs in March and April, Canada’s economy added 290,000 jobs in May, Statistics Canada reported…
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Federal government to provide $14B to provinces, territories to ‘safely’ restart economies
The federal government is providing $14 billion to the provinces and territories to help them “safely and carefully” reopen their economies — but…
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Ontario, Quebec account for more than 90% of national COVID-19 cases: federal data
While new federal figures show the emergence of new cases of COVID-19 is slowing in some parts of Canada, the pandemic…
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Personal bankruptcies fell to record low in April, but could be poised to soar
The number of people filing for bankruptcy fell to a record low in April, as government support programs and mortgage…
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New COVID-19 projections show virus is in decline, but Canada isn’t ‘out of the woods’ yet: Trudeau
Soon-to-be-announced updated federal projection figures show that while COVID-19 is slowing in Canada, the pandemic is still active, Prime Minister Justin Trudeau…
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Can you still rent a cottage this summer during the pandemic? It depends
With summer camps and sports leagues cancelled, travel restricted and the warm weather finally here, many families are opting for…
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Federal government to spend more than $88M on COVID-19 ads
Prime Minister Justin Trudeau’s government is planning to spend more than $88 million to get its message out on everything…
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Internal documents show CBSA scenarios to decide who gets across the border — and who doesn’t
Internal documents obtained by CBC/Radio-Canada give insight into how Canadian border officials are deciding who to let into the country…
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Bank of Canada holds rate steady, saying COVID-19 economic impact ‘appears to have peaked’
The Bank of Canada held its benchmark interest rate steady at 0.25 per cent on Wednesday and said it thinks…
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Conservative Party plans a physically distant set of debates for mid-June
Debates between the candidates running to lead the Conservative Party of Canada will be held in Toronto later this month, the…
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B.C. bans commercial landlords who forgo federal rent relief from evicting tenants
Landlords in B.C. who are eligible for emergency federal rent relief and choose not to apply will not be able to…
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Walmart shutting down its 106 Tire, Lube and Express car repair shops across Canada
Walmart says it will begin closing its Tire, Lube and Express businesses in stores across Canada. An email from corporate…
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All Addition Elle and Thyme Maternity stores in Canada to close down
Reitmans will shutter 77 Addition Elle and 54 Thyme Maternity stores across Canada as part of its restucturing process, the…
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TD Bank charges $30,000 mortgage penalty to woman forced to sell home due to pandemic
When the pandemic hit Ontario, Kristina Barybina’s income as a real estate agent dried up and she knew the writing…
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Ottawa pledges millions to promote tourism within Canada amid COVID-19 pandemic
Ottawa is earmarking millions of dollars to promote holiday travel inside Canada as it seeks to help the tourism industry…
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Federal government to fast-track $2.2B to help municipalities hit hard by pandemic
The federal government is accelerating the delivery of infrastructure cash to help struggling municipalities taking a financial hit from COVID-19 — but mayors…
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TIFF still planning some type of physical festival, execs say
Organizers of the Toronto International Film Festival say they’re still planning to have some type of physical festival this year.…
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Ottawa looking at how to reunite families separated by border closure, says Trudeau
Prime Minister Justin Trudeau says the federal government is looking at how to reunite some families separated by the temporary…
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Ottawa extends large cruise ship ban until October to limit COVID-19 spread
Large cruise ships won’t be able to dock at any of Canada’s ports until at least the fall as the…
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Canada’s economy shrank at 8% pace in the first three months of 2020, worst since 2009
Canada’s economy shrank at an 8.2 per cent annual pace in the first three months of 2020, as an already…
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Profit falls at TD and CIBC as loan loss provisions soar
Canadian Imperial Bank of Commerce (CIBC) and TD Bank Group missed quarterly earnings expectations on Thursday, as they set aside…
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Federal government reaches out to private sector for ‘big ideas’ to restart the economy
The federal government is reaching out to the private sector in an urgent hunt for “big ideas” that will help…
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National Bank profit drops 32% as loan loss provisions soar
National Bank of Canada’s net income plunged 32 per cent in its second quarter as it put aside five times…
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Royal Bank and BMO profit cut in half as loan loss provisions spike by 500%
Profits at Royal Bank and Bank of Montreal were cut in half from last year in the fiscal second quarter,…
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Federal deficit likely now at $260 billion due to COVID-19, PBO says
Parliament’s spending watchdog says the estimated deficit for the year has likely risen to about $260 billion, leaving the government…
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Organized crime suspected of being behind COVID-19 phishing and counterfeit-equipment scams
Organized criminal groups are adapting their illegal operations to the COVID-19 pandemic, preying on people’s fears and vulnerabilities — and…
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One of Canada’s largest long-term care operators is owned by a federal Crown corporation
One of the largest operators of seniors’ residences and long-term care homes in Canada is a wholly owned subsidiary of…
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Scotiabank profit falls 40% as bad loans more than double amid COVID-19
Scotiabank posted a profit Tuesday morning of $1.32 billion in the three months up to the end of April, a fall…
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