US jobless claims off the charts

Mar 26, 2020 |Robert Hogue

Today's initial claims figure was at the upper end of the wide range of market expectations.

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Ontario takes out big guns to fight COVID-19

Mar 26, 2020 |Robert Hogue

The Ontario government yesterday was the latest to unveil a hefty $17 billion action plan (1.9% of GDP) to tackle the COVID-19 pandemic.

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hands holding tablet on a table

Audio commentary: Coronavirus, the oil shock, and market impact

Mar 25, 2020 |Mark Bayko, CFA and Patrick McAllister, CFA

These are unprecedented times, full of uncertainty for all of us.

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The 10-minute take: Have Markets Found a Bottom?

Mar 25, 2020 |By RBC
After one month of declines, 10,000 points off the Dow and a lot of “announcement indigestion,” RBC’s Chief Economist Craig Wright says markets are still searching for a bottom. They’re unsure of how to price so much new risk, all at once. Central banks...
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Federal fiscal support: phase one done but a long way to go

Mar 24, 2020 |RBC Economics

Canada's phase one of the COVID-19 fiscal stimulus was launched only a week ago and already it appears that it isn't enough.

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Reflection of reality

Mar 24, 2020 |Global Portfolio Advisory Committee
The serious human toll and adverse economic and financial market consequences of COVID-19 continue to mount as the virus spreads further throughout North America and penetrates deeper in Europe. As a result, the global equity selloff has persisted with...
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Canada’s economy enters uncharted waters

Mar 24, 2020 |RBC Economics
Canada's economy faces hit from COVID-19 and oil price plunge In early March we released a forecast that looked for Canada’s economy to suffer a short, sharp decline in activity. The spread of COVID-19, the imposition of social-distancing measures and...
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COVID-19’s threat to Canada’s vulnerable workers

Mar 23, 2020 |Andrew Agopsowicz

Measures to stem the spread of COVID-19, while essential to protect the population, have temporarily wiped out demand for services, taking an immediate heavy toll on Canadian labour markets.

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Bundle of money stuffed in a glass jar

Central bank policies are in a race with the coronavirus

Mar 20, 2020 |Thomas Garretson, CFA

The Fed and global central banks are moving fast to keep the financial system running as economic activity risks slowing to a walk.

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