Employment plunged in March – with much worse to come

April 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

April 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

April 09, 2020 |RBC Economics

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

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Dealing with Market Turbulence from The Wealthy Barber!

April 07, 2020 |Jason Fields & Curtis Grainger
Emotions are any investors’ biggest enemies. It’s so difficult not to give in to the powerful pulls of fear and greed. Author and investor David Chilton offers tips for dealing with market turbulence. Click here to view the article.
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COVID-19 hit to housing market is just the beginning of a tough period

April 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

April 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

April 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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Did You Put Your Savings on Cruise Control?

April 01, 2020 |Jason Fields & Curtis Grainger
Since the start of the year we have seen central banks around the world, including the Bank of Canada, continue to lower interest rates to help support the economy. As this trend has continued over the first quarter this year we have seen interest rates...
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