Economy

Coronavirus already affecting small business sales, CFIB survey says Fallback Image Decorative pattern

Economic Indicators

Coronavirus already affecting small business sales, CFIB survey says

The poll found 43% have reduced hours for staff and 20% have started temporary layoffs

By The Canadian Press |March 17, 2020

1 min read

Coronavirus likely to spark sovereign downgrades, Fitch says Coronavirus likely to spark sovereign downgrades, Fitch says

Economic Indicators

Coronavirus likely to spark sovereign downgrades, Fitch says

The ratings agency is expecting the strongest downward bias since the global financial crisis

By James Langton |March 17, 2020

2 min read

Statistics Canada finds less income mobility across generations Fallback Image Decorative pattern

Economic Indicators

Statistics Canada finds less income mobility across generations

Mobility was greatest for those born to middle-income parents, new research finds

By James Langton |March 17, 2020

1 min read

CMHC to purchase up to $50B of insured mortgage pools Fallback Image Decorative pattern

Economic Indicators

CMHC to purchase up to $50B of insured mortgage pools

The move is designed to provide stable funding to banks and mortgage lenders

By Staff |March 16, 2020

1 min read

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