Too little support would create “unnecessary hardship for households and businesses,” the Fed chair says
A CIBC report estimates that low-paying jobs account for 80% of the total lost since February
Unlike the CERB, new benefits will be subject to 10% tax at source
Applications for the new Canada Recovery Benefit open next week
The federal government is adding $600 million to a fund to help small- and medium-sized businesses
America's employers added 661,000 jobs in September, but nearly 10 million jobs remain lost
The economy is still running about 6% below its pre-pandemic level
A big rebound is expected in the third quarter
Relative to the size of the economy, the deficit amounts to 15% of gross domestic product
Getting marginalized groups better integrated in the workforce can help the government avoid raising tax rates