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Economy

News Government Manufacturing Economy General
November 23, 2020  

Federal rent subsidy program for businesses hurt by COVID-19 begins

Will cover up to 65% of rent or commercial mortgage interest, extra 25% for hardest hit.

News Government Manufacturing Economy General
November 23, 2020  

Canada, Britain beat Brexit with new trade deal, incorporates EU pact

Placeholder agreement buys the trading partners another year to reach a more comprehensive pact.

News Government Manufacturing Economy General
November 23, 2020  

Canada’s labour unions could play big role averting ‘Buy American’ rules

Biden plans to ensure US workers and companies are first in line to reap the benefits of his economic recovery plan.

News Manufacturing Economy General Sustainability
November 20, 2020  

Trudeau to tout climate and trade at Asia-Pacific economic summit

…but Canada’s tensions with China and the US-China dispute threaten to overshadow the meeting.

News Government Manufacturing Economy General
November 19, 2020  

Canada-Britain trade talks in final stages as tariff deadline looms

Would prevent tariffs on Canadian products from seafood to steaks and autos.

News Government Economy General
November 19, 2020  

Spending restraints shouldn’t be jettisoned because of pandemic

Former budget watchdog says government should move away from spending to stimulate the economy as conditions improve.

News Manufacturing Economy General
November 18, 2020  

SMEs certain about uncertainty, but confident: Amex

Cash flow remains pressing threat for companies despite optimism.

News Manufacturing Economy General
November 17, 2020  

Wholesale sales rose 0.9% in September: Statistics Canada

Sales in the food, beverage and tobacco subsector increased 3.6% to $12.4 billion, highest increase since March.

News Government Manufacturing Economy General
November 17, 2020  

Government contracts for US companies only: Biden

Buy American plan includes a specialized office within the White House to enforce and oversee measures.

News Manufacturing Economy General
November 16, 2020  

ASEAN, China, other partners sign world’s biggest trade pact

Accord will take already low tariffs on trade between member countries still lower, over time, and is less comprehensive than CPTPP.

News Government Economy General
November 13, 2020  

China congratulates Biden, but few US policy changes seen

Widespread frustration with Beijing’s trade and human rights record and accusations of spying and technology theft.

News Government Economy General
November 13, 2020  

Pandemic spending leaves Quebec with $15B deficit for fiscal 2020-2021

Economic update predicts $30 billion in deficit spending over three years to manage the effects of the pandemic.

News Government Manufacturing Economy General
November 13, 2020  

USMCA makes working class Americans integral to future US trade policy

Biden will be focused on ensuring domestic investments, procurement efforts and tax policy generate benefits for those left behind by the global economy.

News Government Economy General
November 12, 2020  

Senators set to question Freeland on rent relief, business aid bill

C-9 would extend the federal wage subsidy until next summer, cancelling a previously planned reduction.

News Automotive Manufacturing Economy General
November 12, 2020  

Martinrea says recent union deals could boost Canadian manufacturing

$5 billion-worth of investments announced this fall offers auto parts suppliers work to win.