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Budgets/Spending/Market Size

  • CDC extends U.S. ban on cruise ships through September

    Federal health officials are extending the U.S. ban on cruise ships through the end September as coronavirus infections rise in most U.S. states, including Florida. The Centers for Disease Control and Prevention announced Thursday that it was extending a no-sail order that had been scheduled to expire July 24.

  • Federal wage subsidy to be extended to December, Trudeau says

    The federal government is extending its program to subsidize wages in companies hit hard by the COVID-19 pandemic until December, Prime Minister Justin Trudeau said Monday. The program is the heart of the government's promise to help Canadians get back to work, even if has to be at a slower pace, as the pandemic wanes.

  • How well is your family doing financially?

    Canada has finally come up with its most accurate picture of the distribution of net worth for Canadian families. The Parliamentary Budget Office released its report titled “Estimating The Top Tail Of The Family Wealth Distribution In Canada” in 2020. Here is a brief summary of what this report is all about.

  • Tories ask auditor general to probe 'outsourcing' of $900M student aid program

    The federal Conservatives are calling for an investigation into the Liberal government's decision to have an international charity administer a $900-million program designed to help students during the COVID-19 pandemic. The request is contained in a letter sent to Auditor General Karen Hogan on Sunday in which the Tories argue that "outsourcing'' the Canada Student Service Grant to WE Charity undermines Parliament's ability to monitor the aid program.

  • Canada commits $300M to global COVID-19 fight but PM urged to spend $1.5 billion

    Canada contributed $300 million on Saturday towards the international fight against COVID-19, as Prime Minister Justin Trudeau joined fellow leaders, activists and philanthropists in calling for a vaccine to be distributed to the world's neediest people. Trudeau announced the new funds in another virtual international fundraiser—this one sponsored by an organization, Global Citizen, that raised almost $9.5 billion in pledges.

  • Trudeau launches student support, defends fiscal record after credit rating cut

    Prime Minister Justin Trudeau defended his government's fiscal record on Thursday as it launched several new programs promising billions of dollars in new support for students. The moves came one day after Canada saw its credit rating degraded by one major agency, over the massive increase in government spending meant to help Canadians through the COVID-19 pandemic.

  • Manitoba premier says people returning to work during pandemic will get cash

  • The latest numbers on COVID-19 in Canada

    The latest numbers of confirmed and presumptive COVID-19 cases in Canada as of 2:41 p.m. ET on June 22, 2020.
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