Economy

Canadian economy sees record plunge in April

GDP fell 11.6% during a full month of closures of non-essential businesses

By The Canadian Press |June 30, 2020

2 min read

Expect a slow economic recovery: Fitch

The rating agency warns that the risk of renewed nationwide lockdowns “remains high”

By James Langton |June 29, 2020

2 min read

Canadians cutting spending, borrowing amid pandemic: survey

Those who don't need to borrow due to lost income are steering clear of new debt

By Mark Burgess |June 29, 2020

1 min read

U.S. consumer spending up 8.2% in May

The increase partly erases the record plunge in March and April

By The Associated Press |June 26, 2020

3 min read