Business

Coronavirus: Is it legal for businesses to refuse cash as a result of COVID-19?

While it is legal for businesses to not accept cash, the Bank of Canada recently issued a statement asking businesses…

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Adding ‘insult to injury’: Canadians stuck on CERB payments get government email prompt

Some Canadians who can’t get CERB followup payments say they just received a government email asking them to do what…

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6 ways to trim your budget when you think you’ve already cut spending to the bone

Extraordinary times call for extraordinary measures Read More source

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They applied for CERB through EI — now they can’t get follow-up payments

The government is telling some applicants they should call in to provide more information — but call centres are overwhelmed.…

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What do negative oil prices mean for Alberta and Canada’s economy?

Canada’s energy sector needs help, but that doesn’t mean bailing out oil and gas compaies, two economists argue. Read More…

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Inflation rate cooled to 0.9% in March as coronavirus pandemic set in

The slowdown was driven by low energy prices, Statistics Canada data show. Read More source

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Coronavirus pandemic raises question: Is it time for a basic income?

How much a targeted basic income should be is always a “social and political question,” according to one economist. Read…

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Landlords among most vulnerable homeowners during COVID-19 pandemic

Financially-overstretched landlords could be forced to sell, putting downward pressure on housing prices in large cities, economists say. Read More…

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How does Western Canadian Select oil pricing work?

Western Canadian Select is a crude oil blend created with oilsands bitumen in Hardisty, Alta. and experts say its price…

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Stocks drop as U.S. crude oil futures prices turn negative for the first time in history

Crude oil sellers were offering buyers $37 a barrel. Read More source

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Your CERB money is taxable. Here’s how it’s going to work

How much of their emergency benefit will Canadians have to pay back to the government? Read More source

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He applied for the CERB once and got $3,500 in 3 weeks, but Ottawa says it’s not an error

Canadians who applied for CERB through Service Canada may have already received significantly more than $2,000, and the payments are…

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Coronavirus: CERB expanded to some who ran out of EI, part-timers and seasonal workers

The CERB will be available to Canadians who recently exhausted EI benefits, seasonal workers and those with modest income, Prime…

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Coronavirus: Home sales down 14% in March compared to February

Despite the collapse in home sales activity, the national average home price was up 12.5 per cent compared to March…

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Coronavirus: Bank of Canada keeps key rate steady at 0.25%

The decision to keep the key rate on hold came after three cuts since the beginning of March amid the…

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Got a CERB double payment? Here’s what to do

If you received two identical payments for $2,000, you’ve been overpaid. Read More source

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Coronavirus: Miners in Canada’s North say federal wage subsidy doesn’t help enough

Tom Hoefer of the Northwest Territories and Nunavut Chamber of Mines said Monday the program is a poor fit for…

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Government working to extend emergency benefits to seasonal workers: employment minister

Qualtrough says the government is currently working on changes to the CERB, which pays $2,000 a month for up to…

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