Prime Minister Justin Trudeau has staked much of Canada’s virus response on a plan to subsidize wages by 75 per cent. Many businesses say it isn’t going to work for them.

U.S. President Donald Trump’s top economic adviser said the White House has begun planning how the U.S. can re-open its economy once the coronavirus outbreak abates, after indications the epicenter in New York may have reached a plateau.

Prime Minister Justin Trudeau is pointing to tomorrow's legislative bailout package as a way to help renters affected by COVID-19.

Statistics Canada says retail sales rose 0.4 per cent to $52.0 billion in January, prior to the economic impact of unprecedented efforts to deal with the COVID-19 virus.

Consumer confidence fell to a record low last week, surpassing even the worst numbers from the Great Recession after the coronavirus pandemic shut down much of the economy.

Economic data in the U.S. could reach levels not seen since the Great Depression, but the country’s health preceding the coronavirus pandemic should place it in a good position for recovery, said former Federal Reserve Chair Janet Yellen.

U.S. employment plummeted last month in the first decline since 2010, offering an initial look at the widespread devastation the coronavirus pandemic has already begun to wreak on the once-strong labor market.