Economy

Moody’s forecasts 2.2% contraction in Canada this year

The rating agency expects the economy to rebound later this year, with 2.4% GDP growth in 2021

By James Langton |March 30, 2020

1 min read

Containment efforts hurting economies, OECD says, but alternative is worse

Public health measures are necessary to avoid tragic consequences and even worse economic impact

By James Langton |March 27, 2020

2 min read

Bank of Canada cuts rate to 0.25% in another unscheduled move

Governor Stephen Poloz downplayed the idea of sending interest rates into negative territory

By Staff, with files from The Canadian Press |March 27, 2020

2 min read

Canada can absorb ‘large, short-term negative shock,’ DBRS says

The rating agency maintained Canada's AAA sovereign rating

By James Langton |March 27, 2020

2 min read