Economy
Virus response a chance to shift economy’s direction: experts
Asking how it can be restored without greenhouse gases tagging along.
Pandemic could shrink global economy almost 1% in 2020: UN
Decline could be even deeper if restrictions on economic activities extend into the third quarter.
Trump’s push to open economy could come at cost of lives
Claims the real people want to get back to work ASAP, critics say he’s presenting the nation with a false choice.
G20 leaders to meet virtually to co-ordinate virus response
Meeting comes amid criticism the world’s wealthiest countries are not doing enough to combat the virus or its economic impact globally.
Ontario introduces $17B COVID-19 package; more than doubles deficit
Spending boost includes a $1-billion COVID-19 contingency fund for hospitals, and more personal protective equipment for front-line workers.
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Trump intends to reopen country in weeks, not months
Contrary to experts that warn the highly infectious disease is certain to spread.
No unilateral powers for feds to spend, borrow, tax during virus crisis
Government proposes sweeping new powers for up to 21 months act unilaterally without seeking Parliament’s approval.
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Ski Doo maker BRP suspends dividend to preserve flexibility
Comes as the company reported a Q4 profit of $118.4 million.
Canada to avoid technical recession despite hit: Conference Board
Forecast of 0.3% economic growth in 2020 followed by a rebound to 2.5% in 2021.
Ottawa to soon detail fiscal response to COVID-19 economic shock
Measures rolling out in the coming days to buffer the economy from the sudden shock of the pandemic.
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Resist the urge to panic shop despite COVID-19 fears: Trudeau
No need to hoard, supply chains not affected by the tightening border restrictions around the world.
Making a case for collaborative networks
World-class manufacturing capabilities are built on well functioning, collaborative networks.
Federal Liberals to deliver 2020 budget on March 30: Morneau [UPDATED]
Outbreak of the novel coronavirus has changed some spending plans.
Trudeau to announce funding to deal with growing COVID-19 cases
Business, labour groups want looser restrictions on employment insurance payments for people who are off work due to illness.
Environment leaders say feds need to push sustainability as budget nears
But Business Council of Canada CEO is calling for an economic budget to respond to the economic crisis “people are feeling.”
