Economy

CMHC forecasts big declines in house prices, sales

The best-case scenario is a U-shaped recovery, a report said

By Ian Bickis, The Canadian Press |May 27, 2020

3 min read

EU proposes €750-billion pandemic recovery fund

It will mostly consist of grants and be tied to common budget for member nations

By Lorne Cook, The Associated Press |May 27, 2020

4 min read

New pandemic measures to result in larger federal deficit

The deficit has likely risen to about $260 billion, up from $252.1 billion

By The Canadian Press |May 26, 2020

3 min read

Economic collapse may be close to bottoming out: report

But Fitch warns that a second wave of lockdowns could have grim consequences

By James Langton |May 26, 2020

2 min read