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Low-wage earners hit hardest by pandemic job market Benjamin Blum © Darryl Dyck/The Canadian Press Lower-wage jobs have been disproportionately lost as a result of the COVID-19 pandemic, according to a recent report from CIBC Economics. Employment counsellor David McKay says he's encountered the full suite of emotions from his clients at a Toronto-area employment centre during the pandemic. While some have been optimistic about finding new opportunities, he's predominantly encountered frustration. "You're seeing anxiety, you're seeing people who are feeling isolated, lac...

Off the charts: How Canada’s real-estate market defied expectations in the COVID-19 pandemic Home prices have come roaring back, but saving for a down payment takes longer. The East Coast is hot, but condos and rental apartments are not. This is what a COVID-19 housing boom looks like Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Illustration by Matthew Billington When the pandemic hit last...

Winnipeg Free Press By: Ross Marowits, The Canadian Press Posted: Save to Read Later TORONTO - “We’re all in this together” has been a common refrain since the arrival of the COVID-19 pandemic last March, but the yawning chasm between dismal economic data and soaring stock market valuations suggests some Canadians are doing much better than others. TORONTO - “We’re all in this together” has been a common refrain since the arrival of the COVID-19 pandemic last March, but the yawning chasm ...

Ross Marowits February 15, 2021 - 12:07 PM TORONTO - “We’re all in this together” has been a common refrain since the arrival of the COVID-19 pandemic last March, but the yawning chasm between dismal economic data and soaring stock market valuations suggests some Canadians are doing much better than others. A large segment of the population is untouched financially by the crisis or in better shape. The housing market is strong and those able to work remotely have saved mountains of cash they are using to pump up stock markets. Meanwhile, lockdowns ha...

'We're all in this together' has been a common refrain since the arrival of the COVID-19 pandemic last March, but the yawning chasm between dismal economic data and soaring stock market valuations suggests some Canadians are doing much better than others.