economy

(The Canadian Press)

Canada’s main stock index hits 52-week low amid COVID-19 worries, drop in crude oil prices

In New York, the Dow Jones industrial average had its worst day since 1987

(The Canadian Press)
Financial numbers are shown on a television screen in Toronto as markets open for trading on Monday, March 16, 2020. The Toronto S&P/TSX composite index plunges more than 1,500 points at the start of trading. THE CANADIAN PRESS/CP

North American stock markets plunge again, loonie down, commodities fall

The drop in North American stock markets came after markets in Asia and Europe also fell

Financial numbers are shown on a television screen in Toronto as markets open for trading on Monday, March 16, 2020. The Toronto S&P/TSX composite index plunges more than 1,500 points at the start of trading. THE CANADIAN PRESS/CP
FILE - A Royal Bank of Canada sign is shown in the financial district in Toronto. (THE CANADIAN PRESS)

Economists predict recession coming due to COVID-19 and plunge in oil prices

Two consecutive quarters of negative growth is considered a recession

FILE - A Royal Bank of Canada sign is shown in the financial district in Toronto. (THE CANADIAN PRESS)
The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim

Toronto’s S&P/TSX composite down more than 1,400 points, U.S. markets fall

The drop in Toronto and on U.S. markets was large enough to trip circuit breakers that forced a pause in trading

The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim
FILE – A Toronto Stock Exchange ticker is seen at The Exchange Tower in Toronto on Thursday, August 18 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim

Think before you buy or sell stocks amid COVID-19 market turmoil, B.C. professor urges

The stock market plunged and shot back up within 48 hours

FILE – A Toronto Stock Exchange ticker is seen at The Exchange Tower in Toronto on Thursday, August 18 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim
FILE – The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim

North American stock markets surge higher in early trading after crash on Monday

Stock markets nose-dived on Monday as crude oil prices sank to a four-year low

FILE – The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim
COLUMN: Forestry no longer close to top of B.C.’s economy

COLUMN: Forestry no longer close to top of B.C.’s economy

Our reactions to a forestry downturn reflect the past, not the present

COLUMN: Forestry no longer close to top of B.C.’s economy