Economy

April’s U.S. retail sales figures hit record lows

But there could be a rebound as states and localities reopen

By Josh Boak, The Associated Press |May 15, 2020

3 min read

Housing market fears ‘overblown,’ Scotiabank says

A report credits federal support with dampening the effects of widespread unemployment

By Mark Burgess |May 14, 2020

2 min read

Economic shock of pandemic weighs on business, households: BoC

Financial markets are showing warning signs, the Bank of Canada says in a report

By The Canadian Press |May 14, 2020

2 min read

Companies already in financial trouble face insolvency reckoning

Sectors at risk include mining, oil and gas, cannabis and retail

By The Canadian Press |May 14, 2020

5 min read