Recovery to be difficult for small businesses that survive COVID
CFIB shows only 26% of small businesses are reporting normal sales volumes, leaving the remainder at risk of insolvency.
Focus on growth: Five steps to take during the COVID recovery
Hit hard by market disruptions, manufacturers are rethinking strategy.
Infrastructure bank to invest $10B in priority areas for pandemic recovery
Three-year plan would create 60,000 jobs by expanding access to high-speed internet, greening transit fleets.
Canada’s economic revival requires a broad strategy
A narrow focus on the green/clean sector won’t get the job done.
Bank of Canada warns of uneven recovery despite bounce back
Economy continues to cope with ongoing uncertainty and structural challenges.
Small business outlook points to sluggish recovery
Proportion of businesses in bad shape has dropped and is now on par with those who say they are in good shape.
EMC offers pandemic recovery coaching for manufacturers
Expert support in partnership with NRC-IRAP to overcome virus impacts on industry.
More Ontario regions moving to Stage 3; Toronto held back
Regions in Stage 3 can hold indoor gatherings of up to 50 people, outdoor gatherings can include as many as 100.
Economy to grow in 2021, if there isn’t another national shutdown
Outlook is at the optimistic range of the Bank of Canada’s most recent estimates.
Canada’s economic recovery needs a small business rebound
RBC releases a five-point plan to help small business pivot to a post-pandemic economy.
Virus pummels global economy, jobs even without second wave
Best-case scenario with no second wave of infections, OECD forecasts a global drop in economic output of 6% this year, and a rise of 2.8% next year.
Actions Canadian business leaders should consider to manage COVID-19
Look at reduced demand for exports, supply chain disruptions, adverse domestic spending and financial liquidity constraints.
Canada set to reap the benefits of a US recovery
Alberta will continue to drive Canadian growth, while Ontario will stage a comeback.
Germany lowers 2013 growth forecast, but says recovery is starting
Lingering recession in the 17-nation eurozone and cold weather dragged down growth earlier this year.
Eurozone industrial output slips for 3rd consecutive month
Decline raises fears that a recession continued into the final months of 2012.