Canadian GDP had its worst one-month drop on record in March, but stark projections for April are fuelling the belief that the worst is yet to come. On May 29 Statistics Canada reported that the economy on an annualized basis...
Read MoreCompanies from major retailers and package carriers to local restaurants and hair salons are awakening to a new economic reality in the age of the new coronavirus: Being open for business is almost as hard as being closed....
Read MoreCanadian retail sales have plunged by about one-quarter over the past two months as the sector was hit by the pandemic induced shutdown. Retailers sold 10% fewer goods in March than February, Statistics Canada said on May 22....
Read MoreConsumer confidence continues to show signs of improving in Canada, inching higher for a fourth straight week. The Bloomberg Nanos Canadian Confidence Index, based on a random survey, ticked up slightly to 39.3 during the week...
Read MoreA NAFTA panel has backed the U.S. International Trade Commission’s decision regarding softwood lumber imports from Canada but British Columbia’s industry group still hopes for an ultimate victory. The U.S. Lumber Coalition says...
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