Economy

Canadian companies report significant drops in sales since crisis began Fallback Image Decorative pattern

Economic Indicators

Canadian companies report significant drops in sales since crisis began

One-fifth of businesses reported that revenue dropped from 20% to 40%

By The Canadian Press |April 29, 2020

2 min read

U.S. economy shrank by 4.8% in Q1 as virus struck U.S. economy shrank by 4.8% in Q1 as virus struck

Economic Indicators

U.S. economy shrank by 4.8% in Q1 as virus struck

GDP posted a quarterly drop for the first time in six years

April 29, 2020

2 min read

Q1 profits down for HSBC Bank Canada Fallback Image Decorative pattern

Economic Indicators

Q1 profits down for HSBC Bank Canada

The bank expects the downturn to hurt loans

By The Canadian Press |April 28, 2020

1 min read

Federal Reserve expands lending program for cities and counties Fallback Image Decorative pattern

Economic Indicators

Federal Reserve expands lending program for cities and counties

The program initially allowed only 10 cities and 16 counties to participate

By Christopher Rugaber, The Associated Press |April 28, 2020

2 min read