Edition:
India

Julie Gordon

Bank of Canada sees economy below pre-COVID-19 levels until 2022, rates low for long time

15 Jul 2020

OTTAWA Canada's economic activity will not return to pre-pandemic levels until 2022 and interest rates will remain low for an extended period, the Bank of Canada said on Wednesday, as it again held its key overnight rate steady.

Canada tweaks rules to help foreign students enroll amid COVID-19 restrictions

15 Jul 2020

OTTAWA Canada on Tuesday said it would make it easier for foreign students to study online from abroad and to qualify for a work permit after graduation amid strict border closures to curb the spread of COVID-19.

Canada tweaks rules to help foreign students enroll amid COVID-19 restrictions

15 Jul 2020

OTTAWA, July 14 Canada on Tuesday said it would make it easier for foreign students to study online from abroad and to qualify for a work permit after graduation amid strict border closures to curb the spread of COVID-19.

RPT-Canada's cautious school reopening plans leave moms in the lurch

13 Jul 2020

OTTAWA, July 12 April van Ert should have been relieved when her son's Vancouver school reopened on June 1. For months she had been juggling her busy job and her 11-year-old son's education amid the COVID-19 shutdowns.

Canada's cautious school reopening plans leave moms in the lurch

12 Jul 2020

OTTAWA April van Ert should have been relieved when her son's Vancouver school reopened on June 1. For months she had been juggling her busy job and her 11-year-old son's education amid the COVID-19 shutdowns.

Canada posts record job gains in June as services reopen

10 Jul 2020

OTTAWA Canada added a record 952,900 jobs in June on a service sector surge as restaurants, stores and businesses reopened from coronavirus closures, although its jobless rate was slightly worse than expected at 12.3%.

Post-lockdown: Canada aims to wean people from aid and get them working again

10 Jul 2020

OTTAWA Canada is preparing to dial back emergency income support for people laid off due to COVID-19 in favor of more traditional unemployment benefits and will shift resources to a wage subsidy program that encourage employers to rehire staff.

UPDATE 3-Canada to post largest deficit since WWII on COVID-19 spending

09 Jul 2020

OTTAWA, July 8 Canada's budget deficit is expected to hit C$343.2 billion ($253.4 billion), the largest shortfall since the Second World War, due to record emergency aid spending in response to the COVID-19 pandemic, Canada's finance department said Wednesday.

Bank of Canada survey finds business sentiment is 'strongly negative'

06 Jul 2020

OTTAWA Business sentiment in Canada is "strongly negative" even as coronavirus restrictions have eased, though roughly half the companies surveyed expect their sales to recover to pre-pandemic levels within 12 months, a Bank of Canada survey showed on Monday.

Canada's strict border closures shut out Hong Kong asylum seekers even as interest spikes

03 Jul 2020

OTTAWA Hong Kong's new security law has prompted a sharp uptick in inquiries from families looking to relocate to Canada, but Ottawa's strict COVID-19 border control measures are making it nearly impossible to get in, immigration lawyers said.

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