Covid-19

Decorative pattern

Economic Indicators

Canadian CEOs more optimistic about growth than global peers

KPMG's Global CEO Outlook surveyed CEOs before and after the start of the pandemic

By Staff |August 31, 2020

3 min read

Banking regulator phasing out pandemic-related rules on mortgage deferrals

Economic Indicators

Banking regulator phasing out pandemic-related rules on mortgage deferrals

Most applications for mortgage deferrals were approved in March and April

By The Canadian Press |August 31, 2020

1 min read

Decorative pattern

OSFI lifts freeze on DB pension plan transfers

Transfers delayed due to freeze must now be processed, with interest

By Rudy Mezzetta |August 31, 2020

3 min read

Decorative pattern

Economic Indicators

CMHC readies for housing market risks in wake of Covid-19 downturn

Economic shock of pandemic not yet fully reflected in housing market data

By The Canadian Press |August 28, 2020

2 min read

Decorative pattern

Economic Indicators

Record drop for Canadian economy in Q2

Pandemic caused real GDP to contract by 38.7%

By Jordan Press, The Canadian Press |August 28, 2020

3 min read

Decorative pattern

CRA adds T4 reporting requirements to validate benefit payments

Agency looks to track CERB, CEWS, CESB payments via employer data

By Rudy Mezzetta |August 27, 2020

3 min read

Decorative pattern

Net income declines 8% for Canadian corporations in Q2

Insurance and financial services helped offset losses in banking

By Staff |August 26, 2020

2 min read

Covid-19 distorting Canadians’ perception of inflation: BoC

Economic Indicators

Covid-19 distorting Canadians’ perception of inflation: BoC

The central bank’s deputy governor says the pandemic has widened the gap between perceived and measured inflation

By Jordan Press, The Canadian Press |August 25, 2020

3 min read

Decorative pattern

Economic Indicators

Pandemic wreaks havoc on U.S. bank earnings

Profits have slumped 70% year over year as bad loans pile up

By Ken Sweet, The Associated Press |August 25, 2020

1 min read

Ontario’s credit rating remains stable despite Covid-19 pandemic: FAO

Economic Indicators

Ontario’s credit rating remains stable despite Covid-19 pandemic: FAO

But positive ratings are contingent on the province’s post-pandemic plan

By The Canadian Press |August 25, 2020

1 min read

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