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Immediate worry of COVID-19 spurred Bank of Canada rate cut, Poloz says

Immediate worry of COVID-19 spurred Bank of Canada rate cut, Poloz says

Canada's central bank was leaning towards cutting its trend-setting interest rate this week before the novel coronavirus pushed it to take a more dramatic step to get ahead of the shock the outbreak will have on the economy, Bank of Canada governor S
Collision cancels in-person portion of annual conference, moves online

Collision cancels in-person portion of annual conference, moves online

TORONTO — Organizers of the Collision conference say they are cancelling the in-person component this year amid concerns around a novel form of coronavirus.
Statistics Canada to release February jobs report today; 10,000 jobs expected

Statistics Canada to release February jobs report today; 10,000 jobs expected

OTTAWA — Statistics Canada is scheduled to release its latest reading on the country's job market this morning.
Statistics Canada says Merchandise trade deficit grew to $1.5B in January

Statistics Canada says Merchandise trade deficit grew to $1.5B in January

OTTAWA — Statistics Canada says the country's merchandise trade deficit grew to $1.5 billion in January compared with $732 million in December as exports fell. The agency says merchandise exports fell 2 per cent in January to $48.
Statistics Canada says Merchandise trade deficit grew to $1.5B in January

Statistics Canada says Merchandise trade deficit grew to $1.5B in January

OTTAWA — Statistics Canada says the country's merchandise trade deficit grew to $1.5 billion in January compared with $732 million in December as exports fell. The agency says merchandise exports fell 2 per cent in January to $48.
Statistics Canada says Merchandise trade deficit grew to $1.5B in January

Statistics Canada says Merchandise trade deficit grew to $1.5B in January

OTTAWA — Statistics Canada says the country's merchandise trade deficit grew to $1.5 billion in January compared with $732 million in December as exports fell. The agency says merchandise exports fell 2 per cent in January to $48.
Here's a quick glance at unemployment rates for February, by province

Here's a quick glance at unemployment rates for February, by province

OTTAWA — Canada's national unemployment rate was 5.6 per cent in February. Here are the jobless rates last month by province (numbers from the previous month in brackets): — Newfoundland and Labrador 12.0 per cent (11.9) — Prince Edward Island 8.
Here's a quick glance at unemployment rates for February, by Canadian city

Here's a quick glance at unemployment rates for February, by Canadian city

OTTAWA — The national unemployment rate was 5.6 per cent in February. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
National employment numbers for February from Statistics Canada, at a glance

National employment numbers for February from Statistics Canada, at a glance

OTTAWA — A quick look at February employment (numbers from the previous month in brackets): Unemployment rate: 5.6 per cent (5.5) Employment rate: 61.8 per cent (61.8) Participation rate: 65.5 per cent (65.
Asian shares drop as virus fears grip markets again

Asian shares drop as virus fears grip markets again

TOKYO — Asian shares slipped Friday as fears about the virus outbreak once again dominated financial markets. Japan's benchmark Nikkei dived 3.1% to 20,663.32. Australia's S&P/ASX 200 lost 2.1% to 6,259.20. South Korea's Kospi dropped 2.
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