The government expects more people to shift from the CERB to the wage subsidy as businesses reopen
Consumer spending was up 4% compared to last year by the end of June
The report could “speak volumes about the medium-term rate outlook,” says CIBC Economics
Senate committee told better diagnostic testing and contact tracing required
Snapshot provides clarity on deficit but leaves many questions unanswered
Analysts expect earnings reports to be uniformly dismal
The fiscal update says a recovery can't begin in earnest until there's an effective vaccine or treatment
Almost 14,000 families would pay the tax on financial assets over $20 million
The rating agency says large pensions are well positioned to survive the fallout of Covid-19
Such a program would likely face “fierce” political resistance, senator warns