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Alberta energy minister confident federal help for oilpatch coming ‘very shortly’

Alberta is working closely with Ottawa as the federal government crafts a strategy for helping the country’s struggling oilpatch, says the province’s energy minister, adding she’s expecting a package to come “very shortly.” Sonya Savage,…

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TSX and Dow close higher Monday on tentative signs of progress in COVID-19 battle

Stocks around the world jumped Monday after some of the hardest-hit areas offered sparks of hope that the worst of the coronavirus outbreak may be on the horizon. U.S. stocks…

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Inflation’s return would upend consumer and market strategies: Don Pittis

“The time to buy is when there is blood in the streets” seems to offer stirring advice to investors during the current coronavirus market bust. There is no evidence that…

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Fighting COVID-19: Supplies, testing and scams: CBC’s Marketplace cheat sheet

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. A 15 minute blood test could reveal…

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Canada’s big banks cut credit card interest rates to ease coronavirus impact

Canada’s Big Six banks all said they will reduce interest rates on credit cards to provide relief to customers affected by COVID-19 pandemic. Bank of Montreal said on Saturday it…

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Interest rates are plunging — so why aren’t mortgage rates?

Central banks around the world have slashed their benchmark interest rates to pretty much zero in an attempt to stimulate the economy by making it as easy as possible to…

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3M faces pressure from Trump order to stop exporting N95 masks to Canada

Medical device manufacturer 3M says it is under pressure from the White House to stop exporting N95 masks it currently produces in the United States to other countries, including Canada. The…

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Canada and U.S. in ‘close contact’ amid oil price rout, Freeland says

Canada has been in “close contact” with the United States about the oil price shock that’s battered North America’s energy sector, Deputy Prime Minister Chrystia Freeland said Thursday. But Freeland did not say whether Canada would consider participating…

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Florida governor expects decision very soon about nearby cruise ships affected by COVID-19

The United States government and Florida were working on a plan on Wednesday to allow thousands of cruise ship passengers exposed to an on-board coronavirus outbreak to disembark, a day after…

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U.S. companies shed 27,000 workers in March even before COVID-19 fully hit

U.S. companies shed 27,000 jobs in March, according to a private survey, a figure that mostly reflected the economy as it stood before the full impact of the viral outbreak….

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