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Price tag to fight global warming will make you sweat

A report estimates trillions will be needed

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HSBC offers mortgage rate below 1%

The rate is offered on new five-year variable closed-term mortgages

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Pace of job gains slows in November, StatsCan says

Positions in accommodation and food services declined for the second consecutive month

Home For Sale Real Estate Sign in Front of Beautiful New House.

Home sales, prices continue to climb in Toronto, Vancouver

Average prices are up 13% and 6%, respectively, year over year

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Five economic risks to watch: Poloz

The former governor of the Bank of Canada shared his economic, investment outlook

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North American corporates seen rebounding in 2021: Moody’s

Credit outlook stable as revenues, profits expected to recover

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Canada’s debt issuance shifts to T-bills, long-term bonds

The federal government plans to issue its first green bond next year

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Statistics Canada says economy grew at a record pace in third quarter of 2020

Loosened public health restrictions allowed businesses to reopen

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Deficit closes in on $400 billion: fall economic statement

Liberals detail more spending to come in today's fiscal update

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Tax hikes needed to fund post-pandemic vision: CD Howe

GST and capital gains tax increases are the most likely candidates, report says

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RBC expects feds to bolster support for households, businesses in update

Government likely to report a deficit of around $370 billion, bank says

Crisis coming in seniors’ care if governments don’t shift investments: report

Spending more on home-care options would reduce overall costs and improve seniors' well-being, report says

  • By: Staff
  • November 27, 2020 November 27, 2020
  • 11:34
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Macklem defends bond buying program

BoC governor says program is about lowering rates not financing feds

House bubble

Global house prices rose in the face of Covid-19: BIS

Canada among the housing market leaders, both short and long term

Solution

Provinces push for delay in planned CPP premium bump

A number of provincial finance ministers have asked for a pause, based on pandemic pressures

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Ups and downs in September employment data

While employment rose overall in September as the economy reopened, pressures remain

Financial graphs analysis

First wave hit women and elderly hardest, StatsCan says

Approximately 88% of excess deaths were in those over age 65

business-closed-sign

Statistics Canada says number of business closures edged lower in August

The number of Covid-19 cases was far lower in August than in recent weeks

Federal Reserve building in Washington DC, USA

As economy struggles, Fed weighs boosting bond purchases

Since June, the Fed has been buying $120 billion in bonds each month

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Recovering from ‘the most abnormal recession’

A strong recovery is possible, but charting the path is difficult

  • By: Katie Keir
  • November 25, 2020 November 25, 2020
  • 16:30
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Feds should invest in carbon capture projects: RBC

Investments could help a low-carbon transition as well as the economic recovery, a report says

  • By: Staff
  • November 25, 2020 November 25, 2020
  • 16:07
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U.S. economic data paints worrisome economic picture heading into Thanksgiving

Americans remain anxious on the eve of the crucial holiday shopping season

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Don’t dial down fiscal supports for banks, ECB warns

The central bank sees increasing challenges for both banks and companies as the pandemic wears on

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National child-care system would boost women’s job numbers and economy, report says

Some have called the pandemic's disproportionate effect on women a ``she-cession''

Edmonton downtown, James Macdonald Bridge and the Saskatchewan River at night

Alberta finance minister says outlook improves but budget deficit will be $21.3 billion

The updated revenue forecast for the province is almost $3 billion higher than the previous quarter