Bank of Canada cuts key interest rate target to 0.25 per cent

OTTAWA — The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement. In...

Futures market points to negative open for U.S. stocks after big rally this week

TORONTO — The futures market pointed to a negative open for U.S. stock markets today after three days in a row of gains for...

Parliamentary budget officer reports on potential fiscal, economic cost of pandemic

OTTAWA — Canadians will get an idea today of what the COVID-19 pandemic could mean for Canada's economy and the federal government's balance sheet, with the release...

Tech community calls on Ontario for aid as companies struggle to preserve jobs

TORONTO — More than 230 leaders of technology companies and innovation hubs across the country are calling on the Ontario government for more help to weather...

Businesses welcome government relief measures but want more — and quickly

TORONTO — When the federal government teased its $82-billion relief plan for Canadian businesses and workers impacted by COVID-19, Toronto jewelry manufacturer Jewels4Ever was...

Benefit to COVID-19 impacted workers may be model for future: Qualtrough

OTTAWA — Employment Minister Carla Qualtrough says the newly created benefit for workers affected by COVID-19 may be a model for how the federal...

Borrowing to invest makes sense for few people amid market volatility: experts

TORONTO — Emily Rae was busy from the moment the novel coronavirus started sickening hundreds throughout Canada and sent stocks plunging. The Halifax-based senior financial...

North American stocks open trading day higher, loonie takes flight

TORONTO — Canada's main stock index opened higher with help from a broad-based rally this morning, while the loonie also took flight. The S&P/TSX composite...

A look at what’s in the federal COVID-19 aid legislation

OTTAWA — Parliament has passed sweeping legislation designed to blunt the economic impact COVID-19. Here's a look at what's in the COVID-19 Emergency Response Act: — A new...

Highlights of Ontario’s COVID-19 fiscal plan

TORONTO — Ontario introduced a $17-billion package Wednesday to provide COVID-19 relief. Here are some highlights: — $1 billion for a COVID-19 contingency fund — $935...

STAY CONNECTED

7,681FansLike
2,167FollowersFollow
783SubscribersSubscribe