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Economy

News Manufacturing Economy General Production
May 27, 2020  

Manufacturers’ output down, expected to last months yet: CME

Half of survey respondents say production is down between 25% and 50%, more than 50% for a quarter of companies.

News Manufacturing Economy General
May 26, 2020  

Business with China declined amid tensions, trade war and COVID-19

43% of Canada China Business Council survey respondents reported business was down in 2019-2020 period following a record 2018.

News Government Manufacturing Economy General
May 26, 2020  

Economic shock from COVID-19 leading to higher indebtedness: Poloz

Can lead to slower growth, make it more difficult for the central bank to hit its 2% inflation target in the future.

News Manufacturing Economy General
May 26, 2020  

Chamber of commerce brings accounting expertise to SME’s and others

For four weeks from May 25 with support from 125 business advisors across the accounting profession. 

News Government Manufacturing Economy General
May 26, 2020  

MPs told to use pandemic to stop brain drain as CERB payments top $40B

Government should create a program to put Canadian innovation students to work domestically, says Council of Canadian Innovators chair.

News Economy General
May 26, 2020  

CRA extends some trust and corporate filing deadlines

Businesses allow to defer T2 returns otherwise due in June, July or August, to Sept. 1.

News Manufacturing Business Operations Economy General
May 21, 2020  

More small companies are back to business: CFIB

Alberta, Manitoba and New Brunswick lead the way with companies fully open.

News Manufacturing Economy
May 21, 2020  

COVID-19 hasn’t dented Canadians’ outlook on employment

Still confident in themselves and the social safety net as the impact of the pandemic set in.

News Manufacturing Economy
May 20, 2020  

Annual inflation rate turned negative in April: Statistics Canada

Overall drop was the first year-over-year decline in the CPI since September 2009.

News Manufacturing Economy General
May 20, 2020  

COVID-19 is exposing Canada’s economic vulnerabilities: experts

Further exposed dependence on purchasing goods and technology offshore with profits from primary resource industries.

News Government Manufacturing Economy General
May 19, 2020  

As US, Europe reopen more, big nations see rising virus toll

Russia and Brazil now sit behind only the US in the number of reported cases, spiking from Mexico to India.

News Government Manufacturing Economy General
May 15, 2020  

China uses trade as weapon to silence virus criticism

Some Australian beef imports blocked after government called for a robust inquiry into the outbreak and rebuffed Chinese demands to back off.

Feature Government Manufacturing Economy General
May 14, 2020  

Dumping protection: SIMA amendments take on trade cheats

Manufacturers are empowered to deal with unfair foreign competitors more effectively.

News Manufacturing Economy General
May 14, 2020  

Small business confidence is rising, but half are in bad shape: CFIB

39% of manufacturers describe the general state of their business health as bad.

News Government Economy General
May 14, 2020  

Trump presses for schools to reopen, takes dig at Fauci

President accused Fauci of playing “all sides of the equation; is he tiring of the nation’s top infectious diseases expert?

News Energy Oil & Gas Economy General
May 14, 2020  

Norway’s wealth fund excludes oil sands investments over GHG emissions

Canadian Natural Resources, Cenovus Energy, Suncor Energy and Imperial Oil are out.

News Government Manufacturing Economy General
May 14, 2020  

Canada and the US working on extending border closure

Too early to lift the restrictions, which are set to expire next week.

News Government Manufacturing Economy General
May 14, 2020  

Non-medical masks help when physical distancing not possible: Tam

She also cited the need to ensure that the standards of care in seniors’ residences are improved.

News Government Manufacturing Economy General
May 13, 2020  

Kenney slams China’s handling of COVID-19, urges NA ‘onshoring’

Alberta premier says a “great reckoning” is coming for playing down, obfuscating and covering up the dangers posed by the virus.

News Government Manufacturing Economy General
May 12, 2020  

China suspends penalties on more US goods in trade truce

Covers 79 types of goods including radar sets, disinfectant and rare earths minerals.

News Government Manufacturing Economy General
May 12, 2020  

Increased border traffic likely as Canada, US economies reopen: Freeland

Discussions about when and how to begin easing those restrictions between Canada, the US and provinces are ongoing.

News Energy Government Economy General Sustainability
May 12, 2020  

Oilpatch welcomes federal aid despite climate change condition

Toews says companies shouldn’t face problems with the requirement to help meet federal climate change commitments.

News Energy Government Manufacturing Economy General
May 12, 2020  

Manitoba Hydro laying off up to 700 workers to save costs

Utility expects $11 million in savings to help support the government’s fight against COVID-19.

News Economy General
May 12, 2020  

China pushes back against efforts to get Taiwan access at WHO

Canada and other nations have called on the WHO to give Taiwan observer status at an upcoming meeting.

News Government Manufacturing Economy General
May 12, 2020  

Feds pledge COVID-19 financing help for biggest companies

Loans begin at $60 million for companies that have gone to banks or the market and were unable to meet financial needs.

News Government Economy General
May 12, 2020  

UN says 8 `top’ candidates for a COVID 19 vaccine exist

Accelerated effort is under way, helped by $8 billion pledged by leaders from 40 countries.

News Manufacturing Economy
May 7, 2020  

EU forecasts ‘recession of historic proportions’ this year

The pandemic is expected to cause the deepest recession in living memory

News Government Manufacturing Economy General
May 7, 2020  

Coronavirus is changing the rules on foreign investment in essential areas

Pandemic adds new dimensions to concerns that will have global ramifications for FDI and trade flows.

News Government Manufacturing Economy General
May 6, 2020  

Trump tours, touts mask factory but no mask for him

Determined to see an easing of stay-at-home orders, despite coronavirus remaining a dire threat.

News Government Manufacturing Economy General
May 5, 2020  

Most Canadians comfortable with pace of easing restrictions: poll

Between 60% and 70% are supportive of moves, while 16% to 30% would like to see their government slow down.

News Food & Beverage Government Manufacturing Economy General
May 5, 2020  

Feds to unveil emergency aid for agri-food sector hit hard by COVID-19

Farmers are making decisions about whether to plant crops, culling livestock because of reduced meat processing capacity.

News Government Manufacturing Economy General
May 5, 2020  

Trudeau takes part in EU’s COVID-19 virtual pledging conference

US a no-show, Britain’s envoy to Canada says the distribution of a new COVID-19 vaccine can’t be a competitive process.