Statistics Canada report finds nearly half of layoffs in past recessions became permanent
Of those earning minimum wage across Canada, 60 per cent are women
Central bank now expects GDP to decline between 10 and 20 per cent compared with the fourth quarter of 2019
The minimum wage jumps by 75 cents to $14.60 an hour on Monday
The company does not qualify for the wage subsidy
The program has exceeded its $35 billion budget
Terms are designed to make sure companies using the program receive bridge loans, not bailouts
It was the first year-over-year decline in the CPI since September 2009
The bank’s balance sheet has more than tripled from around $120 billion in early March
The airline has reduced its second quarter capacity by 85 to 90 per cent
Stock markets also rose in the U.S. even though its economy slipped into recession
Survey suggests nearly one in five businesses have laid off 80 per cent or more of their workforce
Vancouver has 84 business bookings cancelled through December amid border shutdowns and bans on gatherings
Staying home when sick will be key, B.C.’s top doctor says
Brent crude, the international standard, was down $1.78 to $26.30 per barrel
The moves come as companies across Canada are struggling to stay afloat
The central bank says the downturn tied to COVID-19 will be the worst on record
Ninety per cent of the deaths so far have been among those aged 60 and above
Some sectors and demographics likely to be hardest hit
Unemployment rate hits levels not seen since 2010
