Businesses now have to show only a 15% decline in revenue in March, compared to January or February
Housing starts slowed by 7.3%
The Canadian dollar traded for US71.50¢ on Tuesday
The TSX closed up 5.1% on Monday
O'Neill joined the bank's board in 2008 and was chairman between 2014 and 2019
A Bank of Canada survey found workers were optimistic about their prospects before Covid-19 struck
Canada's biggest banks have also lowered their prime lending rates for Canadians struggling due to Covid-19
The TSX closed down 159.54 points on Friday
Michael Sabia is the agency's new chair
Banks have fielded half a million requests for mortgage deferrals