Companies that want in on a new federal loan program will have to show sharp revenue declines during the pandemic and that they have already applied for other business aid.
With the threat of new COVID-19 variants detected in places like the U.K. and South Africa, the federal government is doubling down on its priority to put firmer travel measures in place to protect Canada’s borders.
The International Monetary Fund raised its forecast for global growth this year, betting the rollout of coronavirus vaccines and more fiscal stimulus will offset the immediate challenge posed by the resurgent pandemic.
The head of the Canadian Manufacturers and Exporters says he expects “tough sledding” ahead for his members after U.S. President Joe Biden ordered more stringent Buy American rules for government spending..
Federal Reserve Chair Jerome Powell heads into what could be his last year atop the central bank determined not to repeat the mistake he made when he was a neophyte monetary policy maker seven years ago.
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