Phase one COVID-19 stimulus mostly helps households

 March 18, 2020 |Joseph Sardo

Canada’s federal government announced a stimulus package of $27 billion (1.2% of GDP) in direct spending, and $55 billion (2.4%) in tax deferrals for individuals and businesses.

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Canada takes decisive action to combat COVID-19

 March 14, 2020 |Joseph Sardo
The following coordinated action has been implemented in Canada; Federal Government The government is making C$10B available through the Business Development Bank and the Export-Development Bank. More details to be released next week. Also looking at...
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Fed takes extraordinary action in response to coronavirus fears

 March 03, 2020 |Joseph Sardo

Fed cut rates by 50 basis points this morning. First action between meetings since October 2008

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