CMHC expects lower demand for housing as economy takes COVID-19 hit Significant employment and income declines, coupled with uncertainty over the future trajectory of the virus and employment and income conditions, will lower...
Read MoreWith the global economy sputtering to life after months of pandemic-enforced shutdown, the future of the office space is being called into question. Forced to work from home, many white-collar employees have done so efficiently...
Read MoreCanadian retail sales drop 26% during April’s full month lockdown Canadian retail sales posted a historic drop in April from a full month of non-essential business closures and strict physical distancing measures, though...
Read MoreIMF says the recession will be deeper and the recovery slower than it predicted The International Monetary Fund downgraded its outlook for the coronavirus-ravaged world economy, projecting a significantly deeper recession and...
Read MoreAn army of Canadian do-it-yourselfers have helped building centres across Canada escape the worst of the pandemic economic downturn. “Our contractor sales in the beginning went up, we believe, because people were afraid they...
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