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economic crisis

What Does A 30% Unemployment Rate Mean For Canada's Young People?

Canada's youth have been hit very hard by the COVID-19 lockdowns, more so than in any typical recession.
By HuffPost Canada Staff

7 Out Of 10 Layoffs In Ontario Were In Low-Paid Work: Report

This is not your typical recession, Ontario's budget watchdog says.
By 

Canada's Unemployment Rate Jumps As Country Loses 1 Million Jobs

Statistics Canada's data for March captures only a part of the economic damage from COVID-19.
By 

Canada Puts Housing Markets On $150-Billion Life Support

It's clear the people in charge see Canadian real estate as being too big to fail.
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Canada's Big Six Banks Lower Credit Card Rates For Struggling Borrowers

The Trudeau government had been urging lenders to reduce credit card rates during the COVID-19 pandemic.
By Bharath Manjesh and Nichola Saminather, Reuters

Canada’s Budget Deficit To Hit $180 Billion In COVID-19 Crisis: Economists

But thanks to rock-bottom interest rates, taxpayers will only be on the hook for $1 billion a year
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1/4 Of Canada's Small, Medium-Sized Firms Can't Make Rent Wednesday

The Liberals' 75-per-cent wage subsidy may have prevented many layoffs, CFIB says.
By