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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.

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.

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

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

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...

The Bank of Canada Governor did not make any new policy announcements today but ran through the long list of policies put in place to support the financial system and ensure that credit is available to households and businesses.

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.