Economy

Trudeau says CERB extension will last eight weeks

PM says the government hopes fewer people will need the benefit as businesses reopen

By The Canadian Press |June 16, 2020

2 min read

Average non-mortgage debt dropped 0.5% in Q1

This drop was the first decline in more than a decade, according to Equifax

By Staff |June 16, 2020

2 min read

GDP to fall 6.2% this year, predicts CIBC

Optimistic markets belie economic data, says a report

By Michelle Schriver |June 16, 2020

2 min read

U.S. retail sales rebounded in May as pent-up demand was unleashed

Sales rose by a record 17.7%

By Josh Boak, The Associated Press |June 16, 2020

4 min read