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Friday, March 24, 2023

Category: Economy

Manitoba expected to announce Phase 2 reopening of economy

Manitoba expected to announce Phase 2 reopening of economy

05/21/2020

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

Coronavirus: Penticton ponders booze on the beach

Coronavirus: Penticton ponders booze on the beach

05/20/2020

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

Tech sector an economic force in Saskatchewan: study

05/20/2020

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

Alberta again reports no new COVID-19 deaths on Wednesday, 19 new cases

05/20/2020

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?

Coronavirus: Which B.C. services can start to reopen on Tuesday, May 19?

05/19/2020

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

Coronavirus: Germany, France propose EU economic recovery fund worth 500B euros

05/18/2020

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 land auction fails in another sign economic crisis starting to hit property market

05/14/2020

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

Vast numbers of unemployed will undermine China's recovery

05/14/2020

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

Conference Board of Canada expects 5% decrease in Saskatoon’s GDP growth

05/13/2020

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

Japan eyes second extra budget to help economy

05/11/2020

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

Global economic downturn from COVID-19 could be worse than first projected: IMF

05/09/2020

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

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