Highlights / economy

Economy, Society

Canada’s economy grew by 4.5% in May, set to grow more in June: report

Canada’s economy grew by a healthy 4.5 per cent in May and is set to grow by 5 per cent in June as the gradual lifting of pandemic-induced lockdowns takes the country further away from the economic abyss it was »

Economy

Mixed signals for the Canadian economy

Even as another significant retail chain in Canada announces closure of all its stores, one statistic says retail sales in the country are rebounding, but another report says consumer confidence in the economy is stagnant. Mendocino is a women’s fashion »

Economy, International, Politics

Canada-U.S. border closure to be extended for another 30 days, CBC reports

Ottawa and Washington have agreed to extend restrictions on travel across the Canada-U.S. border for another 30 days, CBC News reports. Senior government officials have confirmed to CBC News that the agreement, which was set to expire on July 21, »

Health, Society

Quebec mandating masks in enclosed public spaces starting this weekend

Quebec Premier Francois Legault announced today that masks and face coverings will be mandatory in all indoor public spaces throughout the province starting this Saturday, July 18.  The regulation will apply to places including grocery stores, malls, and restaurants whenever »

Economy

Canada’s economy added 953,000 jobs in June

Canada’s economy added 953,000 jobs in June as businesses shuttered by COVID-19 lockdowns began to reopen, the country’s national statistics agency reported Friday. Statistics Canada said the economy added 488,000 full-time and 465,000 part-time positions in June. Economists were expecting »

Economy

Nestlé Canada to sell bottled water business

Nestlé Canada has agreed to sell its Pure Life bottled water business to an Ontario based bottled water producer called Ice River Springs, according to a press release from yesterday.  Nestlé Canada has been exploring the potential sale of its »

Economy, Society

Air Canada suspending service on domestic regional flights

Air Canada is indefinitely suspending service of 30 domestic regional routes and closing eight stations at regional airports across Canada, according to a press release from the company on Tuesday. “These structural changes to Air Canada’s domestic regional network are »

Economy, Health

Nova Scotia lifts more restrictions 

Restaurants in Nova Scotia can now operate at 100 per cent of their capacity with appropriate physical distancing starting today, according to an announcement made by Nova Scotia’s Premier Stephen McNeil on Friday. Private campgrounds can operate at 100 per »

Economy, Society

Canadian government invests $30 million to support Quebec tourism industry

The Canadian government is investing $30 million to support Quebec’s tourism sector,  according to a press release from the Canada Economic Development for Quebec Regions (CED) on Tuesday.  Out of the $30 million of funding, $13.5 million will be given »

Uncategorized

Retail sales see massive drop since physical distancing measures

Retail sales in Canada have gone down 33.6 per cent since the social and physical distancing measures were put in place in mid-March, according to a report released by Statistics Canada earlier today. In the month of April, retail sales »