Canada & World

Canada agrees to take part in WTO talks to waive patent protections on vaccines

Drug companies and a number of world leaders argue the measure would only slow down production.

Federal budget ‘overstates’ economic impact of stimulus spending, budget officer says

Higher deficits and debt in the coming years could limit the ability of a government to introduce any new, permanent programs without spending cuts or tax increases.

MEC looks to its roots as expert outdoor gear provider after insolvency, sale

In a bid to win back loyal customers and attract new ones, MEC is rolling out new membership benefits that include discounts on services, exclusive promotions and access to outdoor activity and product experts.

Canadian consumers lose trust in big brands during pandemic: study

The study also found that Canadians have a high ability to detect whether a brand demonstrates a short-lived act of compassion to take advantage of the pandemic.

Recovering Canadian economy approaches pre-pandemic levels

Figures suggest economic activity can quickly bounce back when the virus is contained.

U.S. cabinet’s ability to award Buy American exemptions ‘strenuously limited,’ Biden says

'American tax dollars are going to be used to buy American products, made in America, to create American jobs.'

Ontario to give all workers three paid sick days, reimburse businesses

Province will give employers up to $200 a day for what they pay out through the program.

Bank of Canada keeps rate on hold, sees brighter economic outlook

Central bank pulls forward its expectations for when the economy will be strong enough to handle a rise in rates.

Federal budget 2021: Program extensions, new hiring subsidy for small business

The Liberals are extending rent and wage programs while at the same time phasing in hiring subsidies, microgrants to help companies move online and allowances for capital investment expenditures.

‘People are going to work sick:’ Third wave reignites debate over paid sick days

Critics say the federal Canada Recovery Sickness Benefit has had poor uptake because it is more akin to the government's employment insurance program than paid sick days.

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