Attention will now turn to June as experts expect a consumer-led recovery with restrictions rolling back
‘I think households will be tempted to restart spending on things like dining out, clothing,’ says TD Bank economist Ksenia Bushmeneva
The Bank of Canada has held its current rate since March 2020 when the COVID-19 pandemic was first declared
Statistics Canada reports the economy grew by 5.6% in first quarter
Lack of vaccines for poorer nations among the larger issues casting a shadow over recovery
The Bank of Canada is expected to raise its trendsetting interest rate before the end of next year
CIBC earned $1.65 billion or $3.55 per diluted share in its second quarter
Elon Musk said that Tesla would suspend vehicle purchases using Bitcoin out of environmental concern
The analysis points to a high proportion of women working at small firms in service industries
Plan to restart B.C.’s economy to be revealed as COVID restrictions ease says premier
The losses in April nearly wiped out the 303,000 jobs added in March
Wealthsimple began as an online investment manager in 2014
The loonie traded for 81.34 cents US Thursday, the highest level since February 2018. It’s been above 80 cents US since last week.
‘The lull in between waves reveals how quickly Canadian activity can bounce back when the virus is contained,’ says economist Royce Mendes
Jerome Haegeli says the world’s current path puts Canada on track to lose 7% of its gross domestic product
The key rate remains at 0.25 per cent where it has held steady for more than a year
Now, stock indexes have gone on to set record highs — the S&P 500 closed above 4,000 points
The shadow hanging over the economy now is COVID-19 and its variants that are pushing up caseloads
Just 12 per cent said they have sufficient internal resources to stay afloat
Statistics Canada says driving much of the growth was a 5% year-over-year increase in gasoline prices
