No quick recovery in sight, CIBC economists say
Workers in the travel, sports and restaurant sectors will be hard hit
- By: James Langton
- April 8, 2020 April 8, 2020
- 12:11
Workers in the travel, sports and restaurant sectors will be hard hit
New data provides more early insight into the economic effects of Covid-19
Housing starts slowed by 7.3%
The Canadian dollar traded for US71.50¢ on Tuesday
A report suggests the recovery in North America may not be as quick
Pollution reduction will likely prove temporary once the crisis eases, MSCI says
The TSX closed up 5.1% on Monday
Many worry they won't qualify based on the current criteria
Insolvencies also rose year over year
The TSX closed down 159.54 points on Friday
The road back to corporate profitability could be a long one
Canadian shadow bank growth has been robust, stoking systemic risk
A “deep liquidity crunch” caused bond ETFs to trade at a discount to NAV
Reports on sales and assets offer initial glimpse of industry impact
The S&P/TSX composite index closed up 221.36 points on Thursday
The reports cover GST, the Canada Child Benefit and reduced RRIF withdrawal amounts
Regulatory relief has positive and negative consequences
Data collection affected by the pandemic, StatsCan says
Corporate earnings could see the biggest impact from the pandemic in Q2
The TSX closed down nearly 4% on Wednesday
Global debt markets set records, while equities were down as volatility erupted
Fiscal policy can't end a pandemic, but it can enable the eventual recovery