COVID-19 has drastically affected Canadian travel spending
Canadian tourism spending is projected to drop by $42 billion in 2020. Here’s a snapshot of COVID-19’s impact on travel and peoples’ vacation expectations.
Economic analysis
Why Canada might need a temporary COVID-19 tax and repayment fund
Trevor Tombe: It’s time to start thinking outside the box with temporary measures that isolate federal and provincial debt related to the pandemic
What we won’t see in this week’s jobs data
Opinion: The headline jobs data doesn’t capture the full extent of income loss Canadians are experiencing
Canada needs a new prescription for the pandemic recession
Opinion: This is not a ’normal’ recession and conventional stimulus like lower rates and government spending won’t help with this crisis
Canada’s economy may never return to what it once was
No, it won’t come roaring back by the summer. Canada is enduring an economic collapse many economists warn will make the Great Recession seem tame by comparison.
How to save the economy
Top Canadian economists explain what Ottawa should do next
Taxpayer bailouts for big corporations should be a last resort
Paul Boothe: Lessons from Ottawa’s 2009 automaker bailout for those seeking help for troubled industries like oil and gas and airlines today
What the turmoil in oil markets means for Canada’s economy
Negative oil prices are a warning sign that the economic fallout from COVID-19 could be even worse than a lot of people are expecting
Cities are facing a coronavirus fiscal crisis
Analysis: Canada’s cities are under intense fiscal strain from COVID-19 and Ottawa and the provinces will soon need to act
The end of economic growth
What economies face now may not be solely a coronavirus-triggered meltdown. As devastating as the coming recession—or depression—is likely to be, the health crisis is exacerbating problems in a system that was already under strain.