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Economic uncertainty due to virus makes for unusual mortgage rate landscape

Economic uncertainty due to virus makes for unusual mortgage rate landscape

Uncertainty is everywhere in the financial world these days as the COVID-19 pandemic spreads, and that's translating into big swings in mortgage rates and challenges in how to navigate borrowing for a home.
Alberta minister says patience running short for federal energy industry aid

Alberta minister says patience running short for federal energy industry aid

Patience in Alberta is wearing thin for a promised aid package from the federal government for the oil and gas sector, Alberta Energy Minister Sonya Savage said Tuesday.
Small businesses say fed's singular approach to wage subsidies doesn't fit them all

Small businesses say fed's singular approach to wage subsidies doesn't fit them all

TORONTO — When the impact of COVID-19 led Hongwei Liu to temporarily lay off some employees and slash company forecasts, the founder of Waterloo, Ont.
ECB takes action to keep banks lending during virus crisis

ECB takes action to keep banks lending during virus crisis

FRANKFURT — The European Central Bank took more emergency action Tuesday to keep credit flowing to companies in the 19 countries that use the euro by easing its rules for lending to banks that serve those businesses.
Work starts in Montana on disputed Canada-US oil pipeline

Work starts in Montana on disputed Canada-US oil pipeline

BILLINGS, Mont. — A Canadian company said Monday that it's started construction on the long-stalled Keystone XL oil sands pipeline across the U.S.
Lufthansa retires big jets, says rebound could take years

Lufthansa retires big jets, says rebound could take years

FRANKFURT — German airline group Lufthansa said it was permanently removing some of its large aircraft from service and reducing capacity for the long term, saying it will take years for demand for air travel to return to levels seen before the coron
Employers posted solid job openings before virus shutdowns

Employers posted solid job openings before virus shutdowns

WASHINGTON — U.S. employers posted a healthy number of job openings in February, evidence that the job market was in decent shape before the viral outbreak brought the economy to a near standstill.
First time investors need preparation and discipline amid a volatile market

First time investors need preparation and discipline amid a volatile market

Adam George Palios knows a thing or two about investing in the real estate market. The Hamilton, Ontario-based realtor bought his first home nearly a decade ago.
COVID-19 projections suggest Alberta peak coming in several weeks: Kenney

COVID-19 projections suggest Alberta peak coming in several weeks: Kenney

EDMONTON — Alberta Premier Jason Kenney says he expects the peak of the COVID-19 pandemic to hit in several weeks, and that the more Albertans keep distancing, the faster and better it will be.
Publisher says news media need cash 'now' to survive drop in advertising revenue

Publisher says news media need cash 'now' to survive drop in advertising revenue

TORONTO — The federal government needs to move quickly to support the Canadian news industry amid the economic downturn brought about by the response to the COVID-19 pandemic, an industry spokesman said Monday.