Economy

Canadian Federal Budget 2021: Will Liberals Announce Stimulus Packag...
March 25, 2021 10:50 AM EDT | By Team Kalkine MediaSource: fizkes, Shutterstock After a two-year long wait, Finance Minister Chrystia Freeland is all set to announce the federal budget on April 19. So...
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Bank of Canada To Wind Up COVID-Triggered Liquidity Programs
March 24, 2021 09:39 AM EDT | By Shreya BiswasSource: Portrait Image Asia, Shutterstock Summary The Bank of Canada (BoC) said on Tuesday that it will be rolling back the support programs it...

Canada Sets Budget Date After 2 Years: What We Know
March 24, 2021 06:09 AM EDT | By Shreya Biswasfor FM Freeland, who took over the office after Bill Morneau resigned last year. The Canadian government will finally table a fresh budget for 20...

Federal Government Extends CEBA Loan Till June 30
March 23, 2021 06:37 AM EDT | By Team Kalkine MediaSource: fizkes, Shutterstock Summary This extension will enable businesses to get the support they need amidst COVID-19 restrictions and regulat...

1 in 5 Canadians Faced Depression, Anxiety Or PTSD Amid COVID: StatC...
March 21, 2021 01:42 AM EDT | By Shreya BiswasSource: Guschenkova, Shutterstock Summary A Statistics Canada survey found that one in five Canadian adults suffered from either depression, gen...

Retail Sales Plunge In Canada For 2 Months In A Row
March 19, 2021 10:45 AM EDT | By AnujSource: Madcat_Madlove, Shutterstock For the second consecutive month, retail sales in Canada went down by 1.1 per cent in January 2021, according a...
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Canada’s Economic Recovery Linked To COVID’s Path: IMF
March 19, 2021 08:56 AM EDT | By Shreya BiswasSource: Nhemz, Shutterstock Summary The International Monetary Fund’s (IMF) annual report said that the recovery of the Canadian economy i...

Experts Bump Up 2021 Global GDP Forecasts on Recovery Hopes
March 19, 2021 01:15 AM EDT | By Daminintinued government support seems necessary to drive economic recovery in the period ahead. The continuing rollout of COVID-19 vaccines worldwide...
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Source: vwhiteMocca, Shutterstock Welcome to the Economic Corner – where we update you on all the biggest global economic announcements. The F...

Biggest Global Economic Updates
March 18, 2021 01:33 AM EDT | By Team Kalkine MediaSource: Sittipong Phokawattana ,Shutterstock Welcome to the Economic Corner – where we update you on all the biggest global economic annou...

Top 5 developments from Australia and world
March 17, 2021 11:06 PM EDT | By AshishSource: Tendo, Shutterstock Summary Fed Chair Jerome Powell said that it was too early to discuss tapering off measures to support the stru...

Canada’s Consumer Inflation Rises 1.1% YoY In February
March 17, 2021 11:16 AM EDT | By AnujSource: ivosar, Shutterstock The Canadian Consumer Price Index (CPI) surged higher in February on mounting petroleum prices, though it marginally mis...

Super Richest 1% Now Control 25% Of Canada’s Wealth
March 16, 2021 12:05 PM EDT | By Ipsita SarkarSource: enciktepstudio, Shutterstock The fact that income inequality has been rising over the last couple of decades is not exactly new. But income...

A Year Of Pandemic: How Canada Survived COVID In 2020
March 12, 2021 12:29 PM EST | By Shreya BiswasSource: Andrii Vodolazhskyi, Shutterstock While Canadians were celebrating Christmas parties with friends and family or traveling to warmer locales f...

Canada’s Job Market Bounces Back In February
March 12, 2021 12:24 PM EST | By AnujSource: Pixel-Shot, Shutterstock Canada’s job market boomed in February 2021, propelled by the gradual economic reopening across the country, s...

Uber Canada Proposes Flexible Work+, Receives Mixed Reaction
March 11, 2021 10:07 AM EST | By Shreya BiswasSource: Siwakorn1933, Shutterstock Summary Uber Technologies reached out to Canada’s provincial governments on Wednesday to bring in regul...
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Bank of Canada Leaves Key Rate Unchanged, Cautions On Economic Slack
March 10, 2021 10:42 AM EST | By Shreya Biswaseportedly being unexpectedly robust so far, some experts had projected a change of pace. The country woke up to yet another key interest announce...
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Why Canada May Be A Default Benefactor of US Stimulus Plan?
March 10, 2021 01:33 AM EST | By Ipsita SarkarSource: Jirapong Manustrong, Shutterstock Summary US recovery plan to have beneficial spillovers for neighboring economies, including Canada. C...

Here’s Why Uncertainty Looms Over Canadian Businesses
March 09, 2021 06:46 AM EST | By Team Kalkine Mediay 42 per cent businesses bracing themselves for it in the next three months. As the COVID-19 pandemic crisis continues to affect markets and day-...

Know What’s Latest in Global Economic Calendar
March 09, 2021 03:27 AM EST | By DaminiSource: dokurose, Shutterstock Summary The US Senate’s approval of USD 1.9 trillion relief bill has fuelled optimism in the global economy...
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