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Pierre Poilievre and Shannon Stubbs: Want real stimulus? Here’s $20-billion worth

By Pierre Poilievre and Shannon Stubbs When the COVID-19 lockdown ends, the economy will need a defibrillator to shock it back to life. The same old medicine of borrowing and spending government money to “stimulate the economy” will not work. Consuming wealt…

Stocks stumble after 6.6 million U.S. jobless claims blow forecasts out of the water

U.S. stocks fluctuated after a surge in unemployment claims underscored the pandemic’s dire toll on the world’s largest economy. Oil rallied after China unveiled plans to boost its reserves. The S&P 500 Index opened mixed after futures erased overnight g…

William Watson: Don’t give up on open markets and free enterprise just yet

Now, with the virus about to hit us full strength, is not the time to start pointing fingers about how we might have prepared differently or better. Our preparations are being completed. Our strategy is in place. We have chosen a comprehensive lockdown. The v…

Posthaste: Coronavirus pandemic is pushing world growth towards zero, warns S&P Global Ratings

Good Morning! The uncertainty of our times is leading economists to update their forecasts on almost a daily basis. One of the latest to cut their outlook is S&P Global Ratings. Two weeks ago the rating agency forecast global growth at 1% to 1.5% for th…

Economists forced to rework projections as hopes for quick end to shutdown vanish

Economists and analysts at some of the country’s biggest financial institutions are reworking their projections for the economic fallout from the novel coronavirus pandemic after the government suggested closures of non-essential businesses were likely to las…

Producers explore creation of North American oil cartel to manage output amid worsening crisis

As the Canadian oil sector weathers one of its lowest points ever, a new movement is gaining momentum with producers and the Alberta government to create a North American cartel that could manage production across the continent and stabilize the industry. Th…

‘It’s ready, fire, aim’: Opposition slams Liberals for confused rollout of $71B wage program

OTTAWA — The Liberal government is again recalling Parliament after it neglected to equip itself with the legislative tools needed to provide a key subsidy to small business owners hit by COVID-19. Despite passing a bill last week that gave Finance Minister …

Demand for some food and consumer goods surges 500% as Canadians stock up

Food and consumer goods manufacturers reported a surge in demand in the last two weeks of March as home-bound Canadians rushed to grocery stores to stock up for an indefinite period of self-isolation to combat the spread of COVID-19. Eighty per cent of manuf…

If we want the economy to recover, we need to bail out tenants and property owners, too

By Luc Vallée The federal government recently introduced a plan to encourage businesses to retain workers by subsidizing 75 per cent of their wages. By providing laid-off and self-isolating workers with an alternative to employment benefits it should help li…

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DHS Secretary Sets the Record Straight on Fake News on Portland Riots

Chad Wolf, acting secretary of the Department of Homeland Security, hit back at a press conference in DHS headquarters in Washington, D.C. on Tuesday against media reports that the Trump administrati…

Trump Raises $20 Million in First-Ever Virtual Fundraiser

President Donald Trump raised an eye-popping $20 million on Tuesday night in his first-ever virtual fundraiser, from a total of more than 300,000 individual donors who participated. This is a great …

ACLU: Constitution Requires Illegal Aliens Count Toward Congressional Apportionment

The American Civil Liberties Union (ACLU), as well as other migration lobbying organizations, claims it is “unconstitutional” not to count illegal aliens when apportioning congressional representatio…

US House poised to vote on reversing Trump’s Muslim ban

The United States House of Representatives is set to vote on Wednesday on legislation reversing President Donald Trump's controversial ban on immigration from Muslim countries. The bill, called the …
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