Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, according to Canada Mortgage and Housing Corp.
Procter & Gamble, which owns brands including Tide, Fairy, Pantene and Gillette, is just one of the consumer goods giants that expects new habits formed during the coronavirus pandemic to permanently change the way consumers shop.
Bank of Montreal and Royal Bank of Canada both revealed Wednesday that their second-quarter profits had fallen from a year ago amid surges in their provisions for credit losses -- money set aside to account for unpaid or 'bad' loans.
The CEO of Europe's largest airline has slammed the U.K. government's handling of the coronavirus pandemic and described plans to impose a 14-day quarantine on international visitors as 'idiotic and unimplementable.'
After arriving in the downtown core last weekend for the second year, with each being used an average of seven times a day – which is more than triple the global average and double the next closest city.
Canadians whose finances have been drastically impacted by the COVID-19 pandemic are now grappling with the loss of their livelihoods, unable to pay their rent or mortgage and grieving the loss of their retirement savings in some cases.