Economy

PBO pegs cost of rent aid for landlords, businesses at $520 million

The unprecedented nature of the program makes it hard to estimate the cost

By The Canadian Press |May 27, 2020

1 min read

New pandemic measures to result in larger federal deficit

The deficit has likely risen to about $260 billion, up from $252.1 billion

By The Canadian Press |May 26, 2020

3 min read

Economic collapse may be close to bottoming out: report

But Fitch warns that a second wave of lockdowns could have grim consequences

By James Langton |May 26, 2020

2 min read

Return to fiscal stability is critical for investor confidence, report says

A report from the C.D. Howe institute calls for a plan to unwind government programs

By James Langton |May 25, 2020

2 min read