economy

A Canadian cabinet minister was among the guests waiting in the virtual wings of a recent Zoom panel when the moderator posed one last question to the chairman of the U.S. House Intelligence Committee, promising the discussion would "move to Canada" next.

Nearly two million Canadian workers could remain unemployed this year, according to forecasts in the federal government's long-awaited "fiscal snapshot."

Opposition parties have laid out their demands for the federal Liberal government as Ottawa prepares to update Canadians on the country's finances after four months of COVID-19 — and where it expects the economy to head for the rest of the year.

After taking a small step toward reopening its economy last month, Alberta is embarking on a giant leap forward.

Canada's commercial landlords got a request and a warning from Prime Minister Justin Trudeau to buy into rental assistance program launching next week, as part of a handful of moves in one day to get billions in federal aid to companies large and small.

For businesses in the tourism and hospitality industry, the uncertainty over when the border will reopen is making it hard to plan for the future.

Deputy Prime Minister Chrystia Freeland says Ottawa and Washington are working on plans to deal with an increase in cross-border traffic as states and provinces begin reopening.

British Columbia has reached the point in the COVID-19 pandemic where it will start a gradual reopening of the economy while also allowing social interactions between families, friends and communities to increase.

The gradual reopening of Canada's economy will not mean business as usual for the country's public transit agencies.

Canada will be watching the United States closely for teachable moments in the coming weeks, Prime Minister Justin Trudeau said on Thursday, April 23, 2020, as regional leaders in both countries began taking tentative steps along the road to recovery in an unfamiliar new post-pandemic era.

Canadian officials acknowledged some regions of the country could be closer to re-opening parts of the economy than others, but continued to stress a careful approach as the border closure with the hard-hit United States was extended for another 30 days during the COVID-19 crisis.

The federal government is rolling out billions of dollars in new financial help targeting hard-hit sectors of the economy, acknowledging that some companies need more support and others are slipping through the safety net of emergency aid meant to help them through the COVID-19 pandemic.

The sweep of COVID-19 throughout Canada's nursing homes is proving more devastating than expected, Prime Minister Justin Trudeau said on Thursday, April 16, 2020, as he warned that reopening the economy too early would be "absolutely disastrous."

Federal and provincial officials are starting to discuss how and when to start reopening schools and businesses but Prime Minister Justin Trudeau warned on Tuesday, April 14, 2020, the full-scale lockdowns most Canadians are living with right now will remain in place for at least several more weeks.

The COVID-19 pandemic has affected every province and territory. Canada's chief public health officer and her provincial counterparts are encouraging people to wash their hands, give each other space and wear a mask if they are sick or a homemade one if they believe they could have been exposed to the virus and are not showing any symptoms.