CBC News business
Featured Content
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5533734.1586988539!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_780/aritzia-retail-vancouver-recession.jpg)
COVID-19 has world's major economies on track for worst quarterly decline in history
The flood of negative economic indicators caused by the novel coronavirus is set to reach epic proportions in the second quarter, with the world's major economies poised to see their worst ever quarterly decline on record.
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5512477.1587021765!/fileImage/httpImage/image.jpg_gen/derivatives/original_140/aaron-saltzman.jpg)
Aaron Saltzman
Business ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5517731.1585763035!/cpImage/httpImage/image.jpg_gen/derivatives/square_220/virus-outbreak-panama.jpg)
Some Canadian passengers from virus-stricken Zaandam cruise still in hospital in Florida
Sophia Harris
Business |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5436733.1585870590!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/keystone-xl-pipeline.jpg)
New setback for Keystone XL oil pipeline as U.S. court rules against new permit
Business ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.4566068.1520447260!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/steel-worker-sparks-modular-farms.jpg)
The COVID Economy
Canada's manufacturing heartland faces 'bumpy road' back, uncertain future after COVID-19
Nick Boisvert
Business ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5533064.1586968018!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_780/covid-19-essential-workers.jpg)
When grocery stores are the only game in town, even entrepreneurs turn into employees
Canada’s supermarkets are steadily hiring new employees to meet the growing demand for their essential service. That need for more staff, combined with staggering job losses in other sectors, has resulted in new recruits who never imagined they’d be grateful for the chance to wash down produce and deliver groceries.
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.3629021.1550685646!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/dianne-buckner.jpg)
Dianne Buckner
Business ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5521269.1585945243!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/health-coronavirus-canada-cenbank.jpg)
Bank of Canada holds rate steady at 0.25% and hints it has no plans to go any lower
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.3325383.1550695233!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/pete-evans.jpg)
Pete Evans
Business |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5532236.1586900233!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/imf-worldbank-debt.jpg)
Analysis
Deep recession predicted by the IMF is a threat to weakened governments: Don Pittis
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.3803860.1476389263!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/don-pittis.jpg)
Don Pittis
Business |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5246635.1565796637!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/retail-sign.jpg)
Recession or depression? Canada's economy is in for a rough spring
Radio -Cost of Living |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5399410.1576606024!/fileImage/httpImage/image.jpeg_gen/derivatives/square_220/oil-pumpjacks.jpeg)
Canada's oilpatch has cut almost $9B in spending plans since crude plunge began
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.4446960.1513194573!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/tony-seskus.jpg)
Tony Seskus
Business |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5531477.1586873965!/cumulusImage/httpImage/image.jpg_gen/derivatives/square_220/covid-19-closed-sign-football-field-sports-guelph-kitchener-wate.jpg)
What it's like being 30 and going through the 3rd recession of your adult life
Canada -Calgary ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.4989345.1548255828!/cpImage/httpImage/image.jpg_gen/derivatives/square_220/cash-register-retail.jpg)
'If you give cash, you get cash' — the payment problem for retailers in the era of COVID-19
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.3325383.1550695233!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/pete-evans.jpg)
Pete Evans
Business |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5531455.1586872420!/cpImage/httpImage/image.jpg_gen/derivatives/square_220/chile-imf.jpg)
Global economy will suffer worst year since Great Depression of 1930s, IMF says
Business ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5514422.1585526100!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/margaret-tilley-cruise-ship-rotterdam.jpg)
Canadian passengers from virus-stricken Zaandam cruise ship hit by federal gov't privacy breach
Sophia Harris
Business |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.4742356.1531324414!/cpImage/httpImage/image.jpg_gen/derivatives/square_220/stampede-economy-20180711.jpg)
The COVID Economy
Oilpatch on 'pins and needles' waiting for aid, while Calgary Stampede uncertain
Kyle Bakx
Business ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5530990.1586806201!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/black-friday-retail-flyer.jpg)
Printed store flyers may not come back as COVID-19 changes retail habits
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.4288292.1561375458!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/canadian-press-logo.jpg)
David Friend
Business |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.4474078.1515114408!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/oil-prices.jpg)
OPEC deal to cut oil supply by 10% fails to light a fire under crude prices
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.3325383.1550695233!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/pete-evans.jpg)
Pete Evans
Business |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.3163891.1584114388!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/internet-lan-cables.jpg)
Teksavvy asks CRTC to push for lower internet rates amid COVID-19 crunch
Business |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.2534951.1392258700!/cpImage/httpImage/image.jpg_gen/derivatives/square_220/money-monitor-20110414.jpg)
Ontario accounting firms offering free tax returns to health care workers
Business ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5530445.1586756570!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/a-shocking-misunderstanding-image-1.jpg)
Small business group wants commercial rent relief, not loans, to stem economic fallout from COVID-19
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.4456450.1513708452!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/james-dunne.jpg)
James Dunne
Business |
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.4856302.1539122684!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/aurora-sky.jpg)
Aurora Cannabis board approves 1-for-12 share consolidation plan
Canada -Edmonton ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.3871310.1500674641!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/oil-opec-cut.jpg)
Global pact forged to drastically cut oil production to contain price crash
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.4684984.1527723760!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/sarah-rieger.jpg)
Sarah Rieger
Canada -Calgary ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5530046.1586636838!/cpImage/httpImage/image.jpg_gen/derivatives/square_220/house-of-commons-cews-april-11.jpg)
Parliament adopts wage subsidy bill as MPs applaud all-party collaboration
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5149660.1558738214!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/raisa-patel.jpg)
Raisa Patel
Politics ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5529411.1586549993!/fileImage/httpImage/image.jpg_gen/derivatives/square_220/amanda-and-michael-merle.jpg)
Big banks slammed for charging customers interest on interest for deferred mortgage payments
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.3816632.1477083075!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/erica-johnson.jpg)
Erica Johnson
Business ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5499620.1584392812!/cumulusImage/httpImage/image.jpg_gen/derivatives/square_220/the-frances-morrison-library-branch-in-saskatoon-was-closed-march-16-due-to-concerns-about-the-covid-19-coronavirus.jpg)
'How to get a win-win': experts offer COVID-19 exit strategies
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.3939243.1528152946!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/jason-warick.jpg)
Jason Warick
Canada -Saskatoon ||
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5529866.1586623202!/httpImage/image.jpg_gen/derivatives/square_220/image.jpg)
Video
COVID-19 causes record job losses | Business Panel
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.5529660.1586566535!/fileImage/httpImage/image.jpeg_gen/derivatives/square_220/peter-sankoff.jpeg)
'No jobs left to be found': Edmonton lawyer launches internship project in response to COVID-19
![](https://webarchiveweb.wayback.bac-lac.canada.ca/web/20200416104510im_/https://i.cbc.ca/1.3448958.1529632055!/fileImage/httpImage/image.jpg_gen/derivatives/square_140/andrea-huncar.jpg)
Andrea Huncar
Canada -Edmonton |