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Fed launches 2 emergency programs last seen in 2008 crisis

Fed launches 2 emergency programs last seen in 2008 crisis

WASHINGTON — The Federal Reserve put in motion two emergency lending programs Tuesday that were last deployed in response to the 2008 financial crisis, aiming to ease the flow of credit to businesses and households struggling amid the viral outbreak.
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Fed launches 2 emergency programs last seen in 2008 crisis

Fed launches 2 emergency programs last seen in 2008 crisis

WASHINGTON — The Federal Reserve put in motion two emergency lending programs Tuesday that were last deployed in response to the 2008 financial crisis, aiming to ease the flow of credit to businesses and households struggling amid the viral outbreak.
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Big banks working together to limit branch hours, reduce number of branches

Big banks working together to limit branch hours, reduce number of branches

TORONTO — The Canadian Bankers Association says the country's six biggest banks are working together in their efforts to limit the spread of COVID-19 by temporarily limiting branch operating hours and reducing the number of branches, while maintainin
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Celestica withdraws guidance after some offices are forced to close over COVID-19

Celestica withdraws guidance after some offices are forced to close over COVID-19

TORONTO — Celestica Inc. is withdrawing its financial guidance for the first quarter as a result of efforts in California and Malaysia to contain the spread of COVID-19.
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Alimentation Couche-Tard boosts dividend 12 per cent on higher Q3 profits

Alimentation Couche-Tard boosts dividend 12 per cent on higher Q3 profits

LAVAL, Que. — Alimentation Couche-Tard Inc. is boosting its quarterly dividend 12 per cent after reporting strong net earnings in the third quarter that beat expectations.
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Conference Board says Canada to avoid technical recession despite hit

Conference Board says Canada to avoid technical recession despite hit

TORONTO — Canada will avoid a technical recession even as the COVID-19 pandemic curtails consumer and business spending, and oil prices have cratered, the Conference Board of Canada said Tuesday.
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North American stock markets rebound from steep losses on promised stimulus

North American stock markets rebound from steep losses on promised stimulus

TORONTO — North American stock markets partially recovered from Monday's steep losses on co-ordinated actions by central banks and plans for a US$1 trillion stimulus package by the U.S. government. The S&P/TSX composite index closed up 324.
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Grocers assure customers shelves being refilled as demand soars amid outbreak

Grocers assure customers shelves being refilled as demand soars amid outbreak

Canada's grocery stores won't run out of food and essentials despite unprecedented demand amid the novel coronavirus outbreak, chief executives of the country's big grocers say.
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B.C. closes schools, promises help for workers and businesses on COVID-19

B.C. closes schools, promises help for workers and businesses on COVID-19

VICTORIA — School's out indefinitely in British Columbia as the government said Tuesday it is also working on a plan to help businesses and workers affected by the COVID-19 pandemic.
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Streaming platforms boost offers, studios release movies at home in response to COVID-19

Streaming platforms boost offers, studios release movies at home in response to COVID-19

TORONTO — Streaming platforms are joining Hollywood in throwing away the rule book in hopes to attract viewers stuck inside during the COVID-19 pandemic.
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