Economy

Liberals forecast $343.2B deficit, slow return to normal

The fiscal update says a recovery can't begin in earnest until there's an effective vaccine or treatment

By The Canadian Press |July 8, 2020

4 min read

PBO estimates cost of a basic income program

Such a program would likely face “fierce” political resistance, senator warns

By Jordan Press, The Canadian Press |July 7, 2020

3 min read

Home sales rebound in Toronto, prices up almost 12%

Barring any major setbacks, stronger market conditions should continue in the second half

By Tara Deschamps, The Canadian Press |July 7, 2020

2 min read

Ahead of fiscal update, RBC projects $265B deficit

The deficit is sustainable, a report says, and the feds should avoid austerity during the recovery

By James Langton |July 6, 2020

2 min read