UPDATE 1-Bank of Canada survey shows some firms hit hard by coronavirus, others bracing

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UPDATE 1-Bank of Canada survey shows some firms hit hard by coronavirus, others bracing

OTTAWA, April 6 (Reuters) – Canadian firms in the accommodation, food services and recreation sectors have already seen demand collapse during the coronavirus outbreak while other sectors are still bracing for a looming economic hit, a special Bank of …
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Large Industry Coalition Calls for Government Help for Mortgage Servicers

Facing an unknown but undoubtedly large number of homeowners and commercial mortgage borrowers needing forbearance thanks to the coronavirus-caused economic crisis, a coalition of the mortgage and housing industry’s biggest trade groups is asking …
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Following Delta, United Extends Its Loyalty Benefits Due To COVID-19 Disruption

Well, that didn’t take long. Yesterday, Delta became the first U.S. airline to announce that it was extending its loyalty and elite status benefits into next year, and I wondered whether other U.S. airlines would follow suite. Today, United did indeed come through …
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Gas prices keep dropping as demand plummets

RICHMOND, Va. (WHSV) — As demand for gasoline plummets around the world with people staying home to lower the risk of spreading COVID-19, gas prices have dropped to their lowest points in years. According to AAA Mid-Atlantic, the national gas price …
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CANADA STOCKS-TSX climbs on hopes of slowing virus spread

April 6 (Reuters) – Canada’s main stock index rose on Monday investors drew comfort from a slowdown in coronavirus-related deaths and new cases in many parts of the world. * At 9:43 a.m. ET (1343 GMT), the Toronto Stock Exchange’s S&P/TSX composite …
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