The Canadian Press

Bank of Canada cuts key interest rate target to 0.25%

The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement

Netflix reduces video quality in Canada to lower internet bandwidth use

Netflix is lowering video quality for its subscribers in Canada as it attempts to reduce soaring demands on internet bandwidth in the midst of the COVID-19 pandemic

CMHC expanding insured mortgage purchase program to $150B, up from $50B

Canada Mortgage and Housing Corp. is expanding its insured mortgage purchase program to $150 billion as part...

Realtors push back on non-essential sales, adopt safety measures amid outbreak

Ontario Real Estate Association president Sean Morrison said the designation of realtors in the province as an essential service means it should be used only when necessary

Feds plan $30M ad buy to help media deal with COVID-19 fallout

The federal government announced Wednesday that it is planning a $30-million COVID-19 awareness advertising campaign and moving...

Ontario introduces $17B COVID-19 package; more than doubles deficit

The spending boost includes a $1-billion COVID-19 contingency fund, nearly $1 billion more for hospitals, and more personal protective equipment for front-line workers

Liberals rejig benefits for workers affected by COVID-19

Finance Minister Bill Morneau said the measure allows companies to temporarily let go of workers to cut payroll costs and leave money in the affected employees' pockets

Small business confidence falls to record low amid COVID-19 pandemic, CFIB says

The Canadian Federation of Independent Business says small business confidence has fallen to a new low amid the COVID-19 pandemic

Business, labour groups say Liberals’ COVID-19 wage subsidy too little to help

A growing number of business and labour groups are urging the federal Liberals to up their promised wage subsidy to help companies hit hard by COVID-19 keep people on their payrolls

Alcohol, repair services, IT support: Ontario lists essential services exempt from closure

All Ontario businesses deemed non-essential have been ordered to close Tuesday night as part of escalating government measures meant to curb the spread of COVID-19
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