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Rate cut aimed at positioning economy for recovery after coronavirus: Poloz
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IMF says global economy already in recession
(FILES) In this file photo taken on February 10, 2020 International Monetary Fund Managing Director Kristalina Georgieva listens during an event at the World Bank in Washington, DC. - The world economy is facing "severe" economic damage from the coronavirus pandemic that could be even more costly than in 2009 and will require an unprecedented response, IMF chief Kristalina Georgieva said March 23, 2020. (Photo by Brendan Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)
Senate leader calls for more ambitious action, including buying stakes in companies
Sen. Yuen Pau Woo, facilitator of the Independent Senators Group, speaks to reporters after the vote on Bill C-45, the Cannabis Act in the Senate on Parliament Hill in Ottawa on Tuesday, June 19, 2018. The head of the coalition of independent senators plans to push Prime Minister Justin Trudeau to fulfil his promise of an independent Senate in the lead up to next year's election. THE CANADIAN PRESS/Justin Tang
Apple works with White House to release COVID-19 app, website
FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo
Molson Coors withdraws 2020 fiscal year guidance amid coronavirus
Molson beer, left, and Coors Light beer rest together, in Walpole, Mass. on Nov. 28, 2017. Molson Coors Beverage Company says it is withdrawing its financial outlook for the 2020 financial year and beyond due to uncertainty about the impacts of the ongoing COVID-19 outbreak. THE CANADIAN PRESS/AP, Steven Senne
As U.S. cases exceed 100,000, doctors decry scarcity of drugs and equipment
A medical worker directs a patient into a COVID-19 testing site outside Elmhurst Hospital Center, in New York, on March 27, 2020.
Indigenous communities and COVID-19: The virus may not discriminate, but responses to it do
Beausoleil First Nation Nurse, Nurse, Saundra Dickson, removes protective gear after screening residents boarding a ferry returning to Beausoleil First Nation Ontario, Canada on Friday, March 20, 2020. As mandated by chief and council all reseidents that return to the island first nation are screened by nurses before embarking on the ferry which connects the island reserve to the mainland. Allen Agostino/the Globe and Mail
Astrologers navigate the tricky waters of COVID-19
Illustration for PUR-LF-CORONA-ASTROLOGY-0327
Coronavirus is the greatest challenge we’ve faced in generations. Altruism is how to overcome it
Pat Jones, a volunteer for the community owned grocery shop, The Village Green, speaks with a local resident self-isolating amidst the novel coronavirus COVID-19 pandemic as she delivers their emailed produce order, in Marsden in north-west England, on March 23, 2020. - Mark Gilman, manager of The Village Green, set up the home delivery scheme as well as a wider community resilience network to "offer a lifeline to members of the community and especially vulnerable people affected by the Coronavirus crisis". Britain on Monday ordered a three-week lockdown to tackle the spread of coronavirus, shutting "non-essential" shops and services, and banning gatherings of more than two people. (Photo by OLI SCARFF / AFP) (Photo by OLI SCARFF/AFP via Getty Images)
Run from the hills: In a pandemic, big cities are islands of safety
Doug Saunders
Montreal’s Hasidic Jewish community mourns man who died of COVID-19
The first person in Montreal to die of COVID-19 was a member of the city’s Hasidic Jewish community.
U.S. consumer sentiment near 3½-year low, spending tepid
A construction worker sits alone along an empty sidewalk near the World Trade Center in lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., March 27, 2020. REUTERS/Mike Segar
Ottawa boosts wage subsidy after cries for relief
Ottawa provides wage subsidies and interest free loans to small business sector
Don’t be tempted by segregated funds, where to hunt for safe dividends, and more investing advice at this time of crisis
NYSE-AMEX Options floor trader Luis from TradeMas Inc.works in an off-site trading office built when the New York Stock Exchange (NYSE) closed, due to the outbreak of the coronavirus disease (COVID-19), in the Brooklyn borough of New York City, U.S., March 26, 2020. REUTERS/Brendan McDermid
Italy tops 9,000 coronavirus deaths, overtakes China in cases
A member of the medical staff enters a tent erected outside of the COVID-19 intensive care unit at the San Raffaele hospital, in Milan, Italy, on March 27, 2020.
Quebecor temporarily cutting 10 per cent of its workforce due to COVID-19
Quebecor headquarters is seen in Montreal on October 6, 2014. Quebecor Inc. has had to temporarily lay off 10 per cent of its workforce as it deals with the impact of COVID-19. THE CANADIAN PRESS/Ryan Remiorz
Violence erupts in China as people try to leave coronavirus-stricken Hubei province
Passengers wearing face masks are seen inside a train at the railway station in Macheng, in Chinas central Hubei province on March 27, 2020. (Photo by Noel Celis / AFP) (Photo by NOEL CELIS/AFP via Getty Images)
Political turmoil in Afghanistan hinders peace negotiations with Taliban
Afghanistan's rival presidential claimants, incumbent Ashraf Ghani and challenger Abdullah Abdullah, are seen in a composite image.
What’s author Kate Harris’s next trip? Finding the unfamiliar in the familiar
Crystal Schick/Freelance Kate Harris, author of Lands of Lost Borders, looks out the window of her one-room log cabin outside Atlin, B.C. on Jan. 20, 2018.
Physical distancing is our only hope. We must all adhere to it faithfully
People practise physical distancing at Woodbine Beach in Toronto on Thursday, March 26, 2020. Health and government officials have repeatedly asked people to stay at home and to practice physical distancing to help stop the spread of the coronavirus also known as COVID-19. THE CANADIAN PRESS/Nathan Denette
Turkey evacuates thousands of migrants from border with Greece amid coronavirus pandemic
Migrants are seen in a camp set up near the Turkish-Greek border, on March 10, 2020.
Canada stays at No. 8 in FIFA women’s rankings, but now shares spot with Brazil
Canada stays at No. 8 in FIFA women’s rankings, but now shares spot with Brazil
U.S. stimulus package is not an airline bailout, Treasury Secretary says
Treasury Secretary Steven Mnuchin speaks about the coronavirus in the James Brady Briefing Room, Wednesday, March 25, 2020, in Washington, as President Donald Trump listens. (AP Photo/Alex Brandon)
Boston Pizza International laying off half of its corporate staff across Canada
A Boston Pizza sign is pictured in downtown Vancouver, B.C. Friday, March 20, 2015. Boston Pizza Royalties Income Fund says it will temporarily suspend its monthly distributions as it has closed all of its dining rooms and sports bars across the country as part of the effort to slow the spread of COVID-19. THE CANADIAN PRESS/Jonathan Hayward
The week’s most oversold and overbought stocks on the TSX
A sign board displaying Toronto Stock Exchange (TSX) stock information is seen in Toronto.
Economic fallout of COVID-19 could lead to federal deficit of more than $112.7-billion, PBO says
Parliamentary Budget Officer Yves Giroux waits to appear before the Commons Finance committee on Parliament Hill in Ottawa, Tuesday March 10, 2020. Parliament's budget watchdog is projecting that the federal deficit for the coming fiscal year could be $112.7 billion, a jump of $89.5 billion from previous forecasts as government spending climbs to combat the economic fallout from COVID-19. THE CANADIAN PRESS/Adrian Wyld
Bank of Canada cuts key interest rate another half-percentage point to 0.25 per cent
Bank of Canada Governor Stephen Poloz speaks during a news conference on Parliament Hill, in Ottawa, on March 18, 2020.
SNC-Lavalin withdraws financial guidance, moves to cut costs and manage cash flow
SNC-Lavalin headquarters is seen in Montreal on February 12, 2019. SNC-Lavalin Group Inc. is withdrawing its financial guidance for 2020 as it works to cut costs and manage its cash flow due the COVID-19 pandemic and its impact of the company's operations around the world. THE CANADIAN PRESS/Paul Chiasson
N.B. man charged with assault for allegedly coughing in someone’s face after saying he felt ill
British Columbia’s police watchdog is shedding light on the severe injuries suffered by a man during a deadly encounter with Vancouver police in a court document seeking an order for an officer to be interviewed as a witness.
Canadian dollar pulls back from 10-day high as investor sentiment sours
A loonie is pictured in Toronto on Jan. 23, 2015.
Colum McCann’s new novel Apeirogon shows the human side of the Israel-Palestine conflict
Apeirogon book jacket author Colum McCann
Hundreds die in Iran believing methanol drinking can fight the coronavirus
Iranian workers set up a makeshift hospital inside the Iran Mall, northwest of Tehran, on March 21, 2020.
Condom shortage looms after coronavirus lockdown shuts world’s top producer
Durex condoms are seen in a photo illustration in Manchester, Britain, July 31, 2018. REUTERS/Phil Noble/Photo Illustration
McDonald’s employee in Ontario charged after allegedly faking COVID-19, forcing restaurant to close
Hamilton police say they’ve charged a teenage fast-food employee after she allegedly faked a doctor’s note saying she had COVID-19.
Prince Harry and Meghan move to Los Angeles: reports
Prince Harry and Meghan, Duchess of Sussex leave after attending the Endeavour Fund Awards at Mansion House in London on March 5, 2020.
India slashes bank rates as economy staggered by mass pandemic lockdown
Policemen watch as a health worker sprays disinfectant on a scooter coming out of a market during a government-imposed nationwide lockdown, in Chennai, India, on March 27, 2020.
BP, activist shareholder to jointly draft climate resolution
FILE PHOTO: BP's logo at a petrol station in Kloten, Switzerland, October 3, 2017. REUTERS/Arnd Wiegmann/File Photo
Iranian army sets up field hospital in Tehran as coronavirus death toll rises
People in protective clothing walk past rows of beds at a temporary hospital for COVID-19 patients set up by the Iranian army at the international exhibition centre ,in northern Tehran, on March 26, 2020.
Investor sells One Bloor condo for a tidy profit
Done Deal, 1 Bloor St. E., No. 515, Toronto
Suburban Hamilton bungalow sells over asking
Done Deal, 54 Anderson Court, Ancaster
Home of the Week: A textile factory loft in Montreal weaves new and old
Home of the Week, 5265 Rue De Gaspe, Montreal
Kitchener’s iconic Walper Hotel gets a soulful restoration
Dave LeBlanc
South Africa reports its first coronavirus deaths as three-week lockdown begins
Members of the Johannesburg Metro Police Department check the documents of commuters during a police roadblock in the Johannesburg CBD, on March 27, 2020.
British Prime Minister Boris Johnson and several key officials test positive for coronavirus
British Prime Minister Boris Johnson leaves 10 Downing Street, in London, on March 25, 2020.
Canfor cuts production and capital spending due to coronavirus
Softwood lumber is pictured in Richmond, B.C., on April 25, 2017. Canfor Corp. says it is cutting production and reducing capital spending as it deals with the COVID-19 outbreak.
Top strategist picks ’16 stocks to buy and hold'
A trader looks at electronic screens on the dealing floor at DBS Bank's headquarters in Singapore Oct. 17, 2012.
What every Canadian investor needs to know today
Thea D'Adamo, Head of Options Execution at TradeMas Inc., works with fellow NYSE-AMEX floor traders Paul in an off-site trading office they built in her home when the New York Stock Exchange (NYSE) closed, due to the outbreak of the coronavirus disease (COVID-19), in the Brooklyn borough of New York City, U.S., March 26, 2020. REUTERS/Brendan McDermid
Russia calls for new deal with OPEC to tackle collapse of oil markets
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC). Vienna, Austria December 6, 2019. REUTERS/Leonhard Foeger/File Photo
Fund rebalancing could help buoy U.S. stock rebound
This photo provided by the New York Stock Exchange shows the unoccupied NYSE trading floor on March 24.
Oil plunges more than 5 per cent despite stimulus efforts
FILE PHOTO: A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford
Asia’s stockbrokers swamped as retail investors dive in, bet on post-virus bounce
A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday.
Trump signs $2.2 trillion coronavirus stimulus package
U.S. Speaker of the House Nancy Pelosi arrives at the U.S. Capitol, in Washington, on March 27, 2020.
Friday’s analyst upgrades and downgrades
Yoga clothing at a Lululemon store in Vancouver.
Morning Update: Service Canada Centres shut down; Conservatives pause leadership race as COVID-19 crisis continues
A closed Service Canada location, in Toronto is photographed, on Thurs., March 26, 2020. (Christopher Katsarov/The Globe and Mail)
Latest on the coronavirus: Saskatchewan investigating possible theft of medical gear; Alberta prison locked down, two inmates tested for COVID-19
The trauma bay is photographed during simulation training at St. Michael's Hospital in Toronto on Tuesday, August 13, 2019. The Alberta government, fresh off failed contract bargaining talks with doctors, is ending its longstanding master agreement with them and putting new rules in place starting April 1. THE CANADIAN PRESS/ Tijana Martin
How to maintain and preserve a long-lasting wardrobe
Overhead shot of neatly ordered clothes in wooden drawer. Woman organizing clothes in drawer
Friday’s Insider Report: Trades CEOs and presidents have made during the market turbulence
The Canadian Western Bank logo is displayed outside a branch in Vancouver.
The close: TSX tumbles over 5% on virus worries as BoC cuts to near zero
The TSX ticker is photographed in Toronto.
Friday’s small-cap stocks to watch
Softwood lumber is pictured in Richmond, B.C., Tuesday, April 25, 2017.
Editor’s note: When it comes to gender equity in Corporate Canada, good still isn’t good enough
James Cowan
There is no perfect economic response for Canada’s coronavirus shutdown
Andrew Coyne
The high stakes and long odds of India’s countrywide coronavirus lockdown
A dog sit at a deserted platform at Chhatrapati Shivaji Maharaj Terminus in Mumbai, India, Wednesday, March 25, 2020. The world's largest democracy went under the world's biggest lockdown Wednesday, with India's 1.3 billion people ordered to stay home in a bid to stop the coronavirus pandemic from spreading and overwhelming its fragile health care system as it has done elsewhere. For most people, the new coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia and death.(AP Photo/Rafiq Maqbool)
Ottawa’s new emergency benefit upends traditional employment insurance rules
Canada's Prime Minister Justin Trudeau speaks to news media outside his home in Ottawa, Ontario, Canada March 25, 2020. REUTERS/Patrick Doyle
Ozark, back on Netflix, is better but still messy and addictive
John Doyle
Trump’s ‘miracle’ COVID-19 drug deserves a chance. It may be all we’ve got
Konrad Yakabuski
March 27: ‘The Prime Minister naively expected that all Canadian travellers would respect the voluntary mandate to self-isolate.’ Readers debate the Quarantine Act, plus other letters to the editor
Prime Minister Justin Trudeau addresses Canadians on the COVID-19 pandemic from Rideau Cottage in Ottawa on Thursday, March 26, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Introducing the 2020 Women Lead Here honourees
Women Lead Here chart graphic
Working remotely offers opportunities and challenges for advisors and their teams
Video Call Facetime Chatting Communication Concept
Lucara’s Eira Thomas has a knack for finding huge diamond reserves. Now she wants to disrupt the industry
Eira Thomas of Lucara has proven she has a genius for finding lucrative deposits—first in the northwest territories, where the diavik mine now produces millions of carats a year, and then in Botswana. But the geologist is also determined to disrupt how gems are tracked and sold, and put a new face on a male-dominated business
Netflix’s Uncorked is a family drama as smooth, and safe, as merlot
Uncorked (TV Series). Fueled by his love for wine, Elijah (Mamoudou Athie) enrolls in a course to become a master sommelier, an elite designation given only to a handful who are able to pass its notoriously difficult exam. It’s a dream that upends the expectations of his father, Louis (Courtney B. Vance), who insists Elijah take over the popular Memphis barbeque joint that’s been passed down from father to son since its inception. Elijah struggles with the demands of school and a new relationship, while Louis wrestles with the feelings of his son rejecting the family business until a tragedy forces both of them to slow things down. Credit: Courtesy of Netflix.
Bestsellers: Hardcover Fiction, March 28, 2020
Bestsellers: Hardcover Non-Fiction, March 28, 2020
Bestsellers: Paperback Fiction, March 28, 2020
Bestsellers: Canadian Fiction, March 28, 2020
Bestsellers: Canadian Non-Fiction, March 28, 2020
Bestsellers: Self-Improvement, March 28, 2020
Bestsellers: Juvenile, March 28, 2020
Bestsellers: Biography, March 28, 2020
Download the April 2020 edition of Report on Business magazine
ROB mag April 2020 feature image for digital download page
Your daily horoscope: March 27
Aries.
B.C.’s 45,000 teachers have tentative contract
B.C. Teachers protest outside the BC NDP Convention where Premier John Horgan and Federal NDP Leader Jagmeet Singh will be speaking at the Victoria Convention Centre in Victoria, Saturday, Nov. 23, 2019.
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