Lifestyle

The IMF Cuts Canada’s Economic Outlook, But Boosts Global Growth Forecast for 2021

The International Monetary Fund on Tuesday raised its forecast for global economic growth in 2021 and said the coronavirus-triggered downturn in 2020 would be nearly a full percentage point less severe than expected.

Made-In-Canada COVID-19 Vaccine Starts Human Clinical Trials

A made-in-Canada vaccine to protect against COVID-19 began human clinical trials Tuesday in Toronto, says the biotechnology company that developed the vaccine. Toronto-based Providence Therapeutics said three shots will be...

Trudeau Says Vaccine Supply is in “Good Shape” Even as EU Threatens Export Controls on Doses

Prime Minister Justin Trudeau sought to reassure Canadians today that vaccine shots will continue to arrive even as the European Union threatens protectionist measures to limit the export of doses abroad.

Moderna Says Vaccine Appears Effective Against New COVID-19 Variants, But Less So for One Strain

Moderna announced on Monday that its vaccine is resistant to the coronavirus variants identified for the first time in the UK and South Africa. However, it may be less effective...

Premiers Tell Trudeau They “Want to Go to War” with U.S Over Keystone XL

Prime Minister Justin Trudeau faced anger from some of Canada’s premiers Thursday over U.S. President Joe Biden’s decision to cancel the Keystone XL pipeline project — including heated calls for punishment that could...

More than 200,000 Canadian Businesses Forever Because of COVID-19 Pandemic Says CFIB

According to a new study, more than 200,000 Canadian businesses could be permanently shut down during the COVID-19 crisis, leaving millions out of jobs, as viral outbreaks reoccur across the country.

B.C Company Set to Begin First Canadian Production Line of Cup-Moulded Respirator Masks

A Coquitlam, B.C., manufacturer that pivoted production from pet beds to personal protective equipment is now set to start rolling out respirator masks after winning a $1-million federal grant. Novo...

President Biden Cancels Permits to Build the Keystone XL Pipeline

US President Joe Biden revoked the license for TC Energy's Keystone XL pipeline based in Calgary through executive action after taking the oath of office on Wednesday. The plan to...

Now Hiring: StatCan Needs 32,000 Canadians to Administer 2021 Census

Statistics Canada plans to hire 32,000 employees across Canada to conduct the next census in May 2021. StatCan said in a press release on Thursday that individuals will be hired...

Even with New COVID-19 Vaccine Approvals, Rollout Won’t Increase Before April

Even with the two new COVID-19 vaccines under regulatory scrutiny, Canada's vaccine supply is unlikely to increase before April. The country’s rollout currently depends on vaccines from Pfizer and Moderna,...

Canada’s Inflation Rate Slowed Down to 0.7% in December

Statistics Canada says the annual pace of inflation slowed in December. The agency says the consumer price index was up 0.7 per cent compared with a year earlier. That compares...

Ontario Allows Some Schools to Return to In-Person Learning As Province Strengthen COVID-19 Enforcement Campaigns

The provincial government said schools in seven public health units in southern Ontario will reopen for in-person learning on Monday while the rest of the schools will continue to teach students online.

Bank of Canada Holds Rates Steady at 0.25% Even As It Expects Economy to Shrink Until March

Eight times a year, Canada's central bank meets to set its benchmark interest rate, known as the target for the overnight rate, which impacts the rates that Canadians get on things like mortgages...

Community Spread of New COVID-19 Variants May Be Happening in Canada, Says Dr. Tam

In a statement issued on Wednesday, Chief Public Health Officer Dr. Theresa Tam addressed concerns raised over recent weeks by health-care practitioners about the potential for extremely infectious variants of the virus that...

PM Trudeau, Party Leaders Extend Congratulations to New U.S President Joe Biden

Prime Minister Justin Trudeau and other political leaders are offering congratulations to Joe Biden after his inauguration as the 46th president of the United States. Trudeau said Canada and the...

PM Trudeau Says He’ll Make Sure Canada’s Views Are Heard on Keystone XL

Prime Minister Justin Trudeau said today he will continue to press Canada's case for the Keystone XL pipeline project with the incoming Biden administration in the U.S., which is poised to rescind the...

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