Economy

May’s GDP growth beat economists’ expectations

Statistics Canada calculated a 4.5% increase in the month, but found a steep contraction in Q2 overall

July 31, 2020

2 min read

Some positive signs in May payroll numbers

More people returned to work, but payroll losses since February have been steep

By Staff |July 30, 2020

1 min read

US economy shrank at record breaking 33% rate last quarter

The decline in GDP in Q2 marked the sharpest such drop on record

By Martin Crutsinger, The Associated Press |July 30, 2020

3 min read

Fed stays the course as pandemic constrains growth

The central bank will continue to buy US$120 billion in Treasury and mortgage bonds each month

By Christopher Rugaber, The Associated Press |July 29, 2020

3 min read