May saw a continued decline in energy production as crude oil and equivalents products were down 12.8 per cent, the second consecutive monthly year-over-year decrease, and stood almost one-fifth lower than prior to the pandemic, according to Statistics Canada.
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On today’s episode of Five Questions with Mario Toneguzzi, Jasraj Hallan, Member of Parliament for Calgary Forest Lawn, talks about how people are coping with the current economic downturn.
Gone are the days when Canadians and Americans could freely drive across their shared border for a quick shopping trip or to visit family and friends.
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When listing a home for sale, it’s a common practice, and makes practical sense, to compare selling prices of comparable houses in the neighbourhood or other parts of the city.
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With a six-month window for some borrowers to defer their loan payments closing fast, Canada Mortgage and Housing Corp. says “new tools” may be needed to help homeowners get through the coronavirus crisis.
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Increasing business investment will be key to help Canada recover from the COVID recession, but provincial performance over the past 30 years shows mixed results, according to a new study released Tuesday by independent public policy think-tank the Fraser Institute.
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The coronavirus crisis and the collapse in oil prices will not be the death knell for Canada’s oil sands, as production will still grow through 2030 to reach 3.8 million bpd, just 100,000 bpd lower than pre-crisis output projections, IHS Markit said in its latest analysis on Tuesday.
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A recent survey by Statistics Canada shows many Canadians are “very concerned” about resuming once-commonplace activities.
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Housing markets across Canada experienced impressive sales gains in June compared to May, combining for a national average increase of 63 percent, month over month.
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OTTAWA — A months-long COVID-19 lockdown means the majority of Canada’s workforce that has transitioned from an office space to a makeshift remote set-up could be eligible for a work-from-home tax deduction.
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