Economy

BoC holds rate at 0.25%

Poloz says the economic outlook is “highly conditional” on containment measures and how households and businesses adapt

By The Canadian Press |April 15, 2020

2 min read

U.S. retail sales down 8.7% in March

Grocery store sales jumped nearly 26%, signifying a shift in consumer behaviour

April 15, 2020

3 min read

Data indicate economy plunged in March: StatsCan

Initial estimates show a 9% drop in economic activity

By The Canadian Press |April 15, 2020

1 min read

IMF predicts global economy will shrink 3% in 2020

The outlook for Canada calls for a contraction of 6.2% this year

April 14, 2020

3 min read