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'Interest rates are very low and they are going to be there for a long time'-BoC Gov. Macklem
Bank of Canada governor Tiff Macklem forecasts the future path of the Bank's key lending rate.
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Biden unveils $1.9 trillion US COVID-19 relief plan
U.S. president-elect Joe Biden has unveiled a $1.9 trillion coronavirus plan to turn the tide on the pandemic, speeding up the vaccine rollout and providing financial help to individuals, governments and businesses.
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Gaming Scores Big as Dominant Tech Platform During Pandemic
Gaming platforms have taken off during the coronavirus pandemic, but not just for conventional video games. Michael J. Wolf, co-founder and CEO of Activate, discusses how gaming is poised to level up.
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COVID-19 economic recovery requires sustained spending, Freeland says
Finance Minister Chrystia Freeland said the government can afford to continue spending on emergency support programs to help the Canadian economy through the 'coronavirus recession,' warning that ending them too early would imperil the...
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Facebook's Political Ad Policy Breakdown
Digital political ads , while not the primary source for campaigns, are growing in popularity. Cheddar's Michelle Castillo takes a look at how Facebook's political ad policies are being implemented.
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Ottawa expects $343-billion deficit because of pandemic
The federal government expects a $343-billion deficit this year and for millions of Canadians to remain out of work because of the COVID-19 pandemic.
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UK announces $37bn budget to revive economy
It is aimed at saving jobs and pumping new life into an economy battered by the coronavirus pandemic.
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Alberta looks to infrastructure spending and corporate tax cuts to boost economy
Hard hit by both rock-bottom oil prices and the COVID-19 pandemic, Alberta rolled out its economic comeback plan today, and it leans heavily on infrastructure spending and tax cuts.
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Macklem foresees gradual recovery
New Bank of Canada Governor Tiff Macklem gives his first speech on the effects of the COVID-19 pandemic on Canada's economy.
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Retail Sales on the Rise Following Historic May Surge
Retails sales jumped 17 percent in May after plummeting nearly 14 percent in April. The May surge marks the biggest jump in sales since October of 2001 following 9/11.
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Ad Agencies Pull Away From Facebook
In light of controversial comments made by President Trump on Facebook, companies are reconsidering investing in the platform. Zuckerberg's response to backlash from the president's comments was the catalyst behind some companies...
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Futures Fluctuate as Investors Monitor News of Stimulus Talks
U.S. stock futures were pointing to a mostly lower open this morning, despite the potential for a new stimulus bill after House Speaker Nancy Pelosi expressed some optimism that an agreement could happen as soon as this week. Investors...
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Rep. Jason Smith (R-MO) Weighs in on Biden's $1.9 Trillion Stimulus Package
President Biden's $1.9 trillion stimulus relief bill now heads to the House Rules Committee. Congressman Jason Smith (R-MO) joins Cheddar to discuss the stimulus package and minimum wage.
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Rising costs of COVID-19 | Sunday Scrum
Finance Minister Bill Morneau tabled a fiscal snapshot this week showing the federal government's deficit is expected to hit $343 billion this year, largely due to pandemic-related support programs that have pushed federal spending to a...
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'All levels of government are facing additional challenges': Scheer
Conservative Leader Andrew Scheer is waiting to hear how the federal government will support struggling municipalities during the COVID-19 pandemic, but says it has a "terrible record" on infrastructure projects.
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COVID-19's 'deep impact' on the space industry
The effects of coronavirus have been so extraordinary that even Space has not been immune. Politicians in Europe warn that the economic impact on the space industry could be up to €1 billion. This is partly down to private sector...
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Store closures after worst retail sales drop in Canadian history
Retailers like Reitmans, Victoria’s Secret and Pier 1 Imports are closing stores or seeking bankruptcy protection after March saw the lowest retail sales in Canada ever.
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Saudi Arabia to impose 'painful' austerity measures, triple VAT
Spending cuts come amid a plunge in oil prices that are hurting the government's finances.
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What will Canada's economy look like when COVID-19 restrictions are eased and businesses reopen?
It's not certain that 'everyone's going to be rushing out their door' to spend in conventional ways, says Frances Donald, chief economist for Manulife Investment Management
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Governments spending $590M to help Ford plant make electric cars in Ontario
The federal and Ontario governments are set to announce details of their plan to each spend $295 million to help Ford upgrade its assembly plant in Oakville to start making electric vehicles.
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Hajdu and Dr. Tam on COVD-19 data, modelling
Health Minister Patty Hajdu and Chief Public Health Officer Dr. Theresa Tam discuss the difficulty involved in aggregating data and modelling the COVID-19 pandemic in Canada.
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Streaming Services Get a Boost as Americans Stay Home to Stop Spread of Coronavirus
As more Americans practice social distancing, they’re turning towards streaming to keep them occupied. Nielsen compiled information on viewership from February 24 through March 16 to see how streaming minutes per week have changed as...
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Morneau says there is no cap on government spending to fight COVID-19 economic crisis
Federal Finance Minister Bill Morneau spoke with reporters on Parliament Hill on Friday
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Miller is still waiting to meet the Wet'suwet'en Hereditary Chiefs
Federal Indigenous Services Minister Marc Miller spoke with reporters after the weekly Cabinet meeting on Thursday