OTTAWA, Aug 28 Canada's real GDP is likely to
climb 3% in July, edging economic activity closer to
pre-pandemic levels, Statistics Canada said in a flash estimate
on Friday, as data continued to paint a picture of a sharp fall
followed by a strong rebound.
OTTAWA Central banks must explain their actions clearly to the people they serve to preserve public confidence amid a flood of misinformation during the coronavirus crisis, the head of the Bank of Canada said on Thursday.
OTTAWA, Aug 27 Central banks must explain their
actions clearly to the people they serve to preserve public
confidence amid a flood of misinformation during the coronavirus
crisis, the head of the Bank of Canada said on Thursday.
OTTAWA Canada will give up to C$2 billion ($1.5 billion) in additional funding to provinces and territories to help reopen schools safely as students return to classrooms amid the COVID-19 pandemic, Prime Minister Justin Trudeau said on Wednesday.
OTTAWA The economic shock from the coronavirus pandemic will test public confidence in the Bank of Canada's 2% inflation target, a senior official at the bank said on Tuesday.
OTTAWA Canada on Thursday outlined a plan to move the unemployed off an emergency COVID-19 income-support program and onto an expanded employment insurance plan that requires people to look for a job to qualify.
TORONTO, Aug 20 Chris Timms, who was laid off
his job as sous-chef at an Ottawa sports pub in March, has since
been receiving government support. While the restaurant has
partially reopened, he has not returned, and his efforts to find
another job have failed.
OTTAWA Canadian meat processor Maple Leaf Foods Inc has voluntarily suspended exports of pork to China following an outbreak of COVID-19 in a Manitoba plant.
OTTAWA, Aug 19 Canada's annual inflation rate
fell to 0.1% in July from 0.7% in June as price growth slowed
broadly across the goods and services sectors, with air
transportation prices declining for the first time since 2015,
Statistics Canada said on Wednesday.
OTTAWA Canada is planning for a "reasonable worst case scenario" in which new waves of the coronavirus would intermittently swamp the public health system and send the death toll soaring, officials said on Friday.