Student Aid: A relief program that can drive innovation, too

Apr 23, 2020 |Andrew Agopsowicz

The latest COVID-19 relief program will help more than a million students get through summer; engaging them in a struggling economy will remain a longer-term challenge

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Consumer spending tracker

COVID consumer spending tracker

Apr 16, 2020 |RBC Economics

It’s not often a Canadian prime minister abruptly upends consumption patterns.

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Housing market off course

Pandemic throws housing market off course

Apr 15, 2020 |Robert Hogue

As feared, home resales plummeted across-the-board in March. Activity fell 14.3% from February nationwide as governments rolled out COVID-19 containment measures.

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Canadian Dollar Video Series - April 2020 Edition

Apr 13, 2020 |Dane Charles
We are pleased to bring you the latest edition of the series produced by our colleagues in RBC Capital Markets, hosted by George Davis, CMT, the award winning Chief Technical Analyst for Fixed Income and Currency Strategy. View The George Davis Report...
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Employment plunged in March – with much worse to come

Apr 10, 2020 |RBC Economics

The 1 million drop in jobs in March reported this morning makes every other month-over-month change in the labour force survey data before look like a rounding error.

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Record-breaking declines ahead

Record-breaking declines ahead

Apr 09, 2020 |Josh Nye

The coronavirus pandemic continues to take a tragic human toll while wreaking havoc on health care systems and economies across the globe.

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A downturn like no other

A downturn like no other

Apr 09, 2020 |RBC Economics

The economic cost of the COVID-19 crisis may pale in comparison to the human cost.

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COVID-19 hit to housing market is just the beginning of a tough period

Apr 03, 2020 |Robert Hogue
Canada's housing market passed a major inflection point mid-March Early results from local real estate boards show a sharp drop-off in home resales in the second half of the month after what was a strong first half. We expect activity to slow to a crawl...
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Government policies to offset COVID-19 shock on low-wage workforce

Apr 03, 2020 |Andrew Agopsowicz

The COVID-19 shock has hit the services sector staggeringly hard—a sector that has traditionally served as an economic buffer in past downturns.

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Bold and broad: federal government announces details for wage subsidy

Apr 01, 2020 |Colin Guldimann
Highlights: Ottawa pledges $71 billion to pay 75% of wages up to $847 per week for workers in hard-hit industries Government estimates amount to paying about a quarter of earnings in the economy for three months Support will be for firms with revenues...
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