Tiff Macklem

Governments could increase access to child care and reduce its cost to help the labour market rebound, and reduce the risk of long-term economic scarring for women who have disproportionately felt the brunt of pandemic job losses, the governor of the Bank of Canada says.

As destructive as it has been, COVID-19 is but a prelude to a climate apocalypse, writes Bruce Campbell.

Canada's industry minister says the country faces mounting mental health concerns that the government will have to address in 2021.

Canada's top central banker is making a plea for the country to more quickly address the impacts of climate change to avoid any economic ripple effects on households and businesses.

The Bank of Canada will keep its key interest rate at 0.25 per cent until the national economic picture improves, which governor Tiff Macklem said on Wednesday, July 15, 2020, will take "a long time."

A Liberal pledge to provide eight extra weeks of payments through the cornerstone benefit for people who've lost all or nearly all their work due to the COVID-19 pandemic is likely to cost the government $17.9 billion, the parliamentary budget officer says.