economy

B.C.’s COVID-19 economic recovery plan: Top 5 things you need to know

Jobs training, tax incentives for employers to hire staff and more

 

B.C. releases details of $1.5B economic recovery plan, $660M in business tax incentives

Economic plan includes support for employers, as well as training for workers

 

Bank of Canada keeps key interest rate target on hold but warns of ‘slow, choppy’ recovery

The bank says its key rate will stay at near-zero until economic slack is absorbed

 

Canada’s economic optimism crippled by pandemic, Pew poll suggests

The Pew report documents an unsurprisingly dismal outlook for the world’s economic prospects

Statistics Canada says merchandise trade deficit $2.45 billion in July

Motor vehicles and parts helped boost both imports and exports in July

Trudeau considered best to manage pandemic, revive economy, poll suggests

Poll suggests O’Toole is an unknown quantity for a majority of Canadians at this point

B.C. could shine amid Canada’s slow economic recovery: Conference Board

Restoring travel levels will be key for other provinces as well

Inflation rate falls to 0.1 per cent as price growth slows, StatCan reports

Statistics Canada says air travel prices fell in July by 8.6 per cent

Vernon Cultural Centre smoke and mirrors?

LETTER: Considering the state of the economy, writer suggests most would not support this project today

Statistics Canada says annual inflation rose 0.7% in June as pandemic restrictions eased

Uptick follows two months of negative inflation due to pandemic

COVID-19 throws a curve ball at Lake Country finances

Reduced revenues halt funding for the remainder of the year

Shopping local urged in Lake Country

District makes economic recovery a priority

Coastal B.C. community’s real estate predicament might be turning it into a ghost town

In Kyuquot, off treaty land, more outsiders have ‘holiday-home’ properties than locals who can’t secure financing to buy homes

Bank of Canada survey says business hiring plans remain muted due to pandemic

About one-third say they have used a federal wage subsidy to reduce or avoid layoffs

One-third of Indigenous workers in jobs facing automation threat, report says

Those at-risk industries account for approximately $2.43 billion of Indigenous wage revenue

Statistics Canada says economy posted record 11.6% plunge in April

Statistics Canada said its initial flash estimate points to growth of three per cent in May

COVID-19 to leave some lasting economic damage, Bank of Canada chief says

Canadians shouldn’t expect the short and sharp economic bounce-back expected over the coming months to last

Forecast says Canada’s economy will grow in 2021 if there isn’t another national shutdown

Group projects Canada’s national unemployment rate will peak at 13.7 per cent

Canadians working from home permanently should expect salary changes: experts

Some companies, like Facebook, have already announced changes

Federal aid for oil sector still in development, three months later

Global demand for oil plummeted by more than 16 million barrels a day this spring