Manitoba expected to announce Phase 2 reopening of economy
The province of Manitoba is expected to announce details of Phase 2 of the reopening of the economy Thursday. Two press conferences have been scheduled Thursday, one at 11 a.m. … Read More
Category: Economy
Coronavirus: Penticton ponders booze on the beach
Would you like to crack a beer or sip on a glass of wine at a Penticton beach this summer? The City of Penticton is looking at legalizing the consumption … Read More
Tech sector an economic force in Saskatchewan: study
A new study has quantified the economic weight of Saskatchewan’s technology sector for the first time, finding technology isn’t just a growing industry, but an economic force. “It became obvious … Read More
Alberta again reports no new COVID-19 deaths on Wednesday, 19 new cases
As of Wednesday afternoon, Alberta Health had confirmed 19 new cases of COVID-19 but no additional deaths. The total number of deaths due to the disease remained at 128. The … Read More
Coronavirus: Which B.C. services can start to reopen on Tuesday, May 19?
Now that the second phase of B.C.’s plan to reopen the economy is underway as of Tuesday, what services can get going again under a “new normal” and COVID-19? Health … Read More
Coronavirus: Germany, France propose EU economic recovery fund worth 500B euros
BERLIN — The leaders of Germany and France agreed Monday on a one-off 500 billion-euro ($543 billion) fund to help the European Union recover from the coronavirus pandemic, a proposal … Read More
Hong Kong land auction fails in another sign economic crisis starting to hit property market
HONG KONG (BLOOMBERG) – A plot of land at Hong Kong’s former Kai Tak airport has failed to sell at auction in a sign the city’s worsening economic crisis is … Read More
Vast numbers of unemployed will undermine China's recovery
BEIJING (BLOOMBERG) – Millions of Chinese people are being thrown out of work by the collapse in global demand and a slow restart of the domestic economy. A lack of … Read More
Conference Board of Canada expects 5% decrease in Saskatoon’s GDP growth
The Conference Board of Canada is projecting Saskatoon will be one of the hardest hit metropolitan economies this year because of the novel coronavirus pandemic. A new report from the … Read More
Japan eyes second extra budget to help economy
TOKYO • Japan will take additional stimulus measures “swiftly” to combat the fallout from the coronavirus pandemic, Prime Minister Shinzo Abe said, signalling readiness to compile a second supplementary budget … Read More
Global economic downturn from COVID-19 could be worse than first projected: IMF
The head of the International Monetary Fund on Friday signaled a possible downward revision of global economic forecasts, and warned the United States and China against rekindling a trade war … Read More