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Parliament buildings at sunset

Federal deficit hit $148.6 billion through July

The figure is consistent with the $343-billion estimate for the full year

Canadian money

Liberals propose upping value of new Covid-19 benefits to match sunsetting CERB

Proposal would boost benefits to unemployed workers to $500 per week

Health insurance concept.

Canada’s first wave killed thousands: StatsCan

Covid-19 was Canada's second-leading cause of death in April, May

Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

Throne speech agenda signals ‘healthy’ bond issuance, continued QE

The Liberals also indicated plans to follow through on changes to stock option deductions

New home

Many first-time homebuyers ready to take the plunge

More buyers are looking at homes in the suburbs, according to a BMO survey

  • By: Staff
  • September 24, 2020 September 24, 2020
  • 11:08
Interior view of the Canada Commons of Parliament, Ottawa

Libs unveil sweeping plan for current and future challenges

Throne speech pledges prudence but says "this is not the time for austerity"

Tree Flat icon set

Trudeau stresses green tech in throne speech

The feds plan to launch a new fund to spur investments and jobs in green technology

Parliament Hill building closeup in Ottawa, Canada

Liberals vow wage subsidy extension to 2021

The throne speech also promised a revamp of the EI system

group of school kids with teacher sitting in classroom and raising hands

Uneven employment recovery likely to stall: TD

Some jobs in low-paying sectors may not return, a report says

The White House in Washington DC, United States

Powell and Mnuchin voice optimism but back more economic aid

Both officials stressed that major sectors of the economy are still suffering

canadian money house on white background

Housing market ‘moderately’ vulnerable amid potential overvaluation of homes: CMHC

The risks may have been underestimated due to government supports, a report says

wall street, new york city

U.S. stimulus could be sunk by Supreme Court tussle: Scotia

Fight over RBG replacement may sideline stimulus efforts

Interior view of the Canada Commons of Parliament, Ottawa

Investors watching throne speech for clues on fiscal plan

Wednesday's speech may give insight into the next phase of economic recovery

Tired african american employee having headache after working on laptop in office, copy space

Outlook grim for unincorporated self-employed individuals

Unless they have another job, the pandemic may deal a devastating blow

  • By: Staff
  • September 18, 2020 September 18, 2020
  • 16:09
Closeup receipts in paper nail

Retail sales rose 0.6% in July

Economists had expected an increase of 1.0% for the month

Megaphone

BoC’s Wilkins won’t seek second term

Her term as senior deputy governor ends next May

United States treasury savings bonds with one hundred dollar bills

Bonds to offer modest returns in year ahead

Spreads have tightened since the start of the pandemic

  • By: Katie Keir
  • September 16, 2020 September 16, 2020
  • 16:00
Federal reserve building, Washington DC. USA.

Interest rates likely to stay near zero through 2023: Federal Reserve

Central bank also plans to push inflation above 2% annually

Canada to benefit from Biden’s planned corporate tax hike, economist says

Competitive advantage would lie north of the border, Jack Mintz says

Financial technology(fintech) and world economy

OECD takes a more optimistic view of global economy

New report predicts global GDP will fall by 4.5% this year, as compared to the previously projected 6%

Competitive Edge

Consumer price index hits 0.1 per cent in August, says Statistics Canada

The annual inflation rate was unchanged from the year-over-year increase in July

Macro close-up of Federal Reserve logo on USA Federal Reserve Note

Federal Reserve to meet after sharp changes to its outlook

Projections may underscore how long the central bank expects to keep rates low

New home

Canadian home sales climb again, set record for August: CREA

Toronto and Vancouver fuelled the gains, with regional disparity showing again

Man writing on a blackboard

Report proposes fiscal policy for economic rebuild

Subsidizing childcare and promoting business spending will aid in recovery, according to Scotia Economics

Close-up of payment machine buttons with human hand holding plastic card near by

Key household debt-to-income ratio fell in Q2

Lower-income households tend to have a higher debt levels