The official Opposition is calling on the Alberta government to immediately fix its emergency isolation funding website after hearing from many people who haven’t been able to apply for the payment amid the COVID-19 pandemic. Related News Last Wednesday, the…
Tag: Money
‘Our province has run out of time’: Nfld premier makes plea to Trudeau amid coronavirus and budget crisis
After the COVID-19 pandemic hit, the finances in Newfoundland and Labrador became so desperate that Premier Dwight Ball sent a desperate plea to Prime Minister Justin Trudeau. In a letter dated March 20 that outlines the province’s dire straits, Ball…
Your rent is due. What help is available for tenants across Canada
Across the country, April 1 will mark the first rent due date since the COVID-19 pandemic hit home in Canada. As the pandemic ravages the economy, leaving more than a million Canadians suddenly unemployed, provincial governments have rolled out emergency measures…
Oilsands companies in the red as blended bitumen price dips below $4 per barrel
Oilsands producers are likely losing money or barely breaking even as prices for Western Canadian Select bitumen-blend crude dipped as low as US$3.82 per barrel on Monday, analysts said. Realized prices for bitumen likely crossed into negative territory as they…
COVID-19 costs to City of Edmonton likely between $27M and $112M: report
Edmonton city councillors heard some preliminary numbers Monday, projecting what the novel coronavirus pandemic is doing to the city corporation’s bottom line. Through a lack of revenue and increased expenses, the city could be out $112.3 million if the current…
Oil price plunges to 2002 lows amid global coronavirus shutdown
Oil took another stomach-churning 8 per cent dive on Monday and world shares buckled again as fears mounted that the global coronavirus shutdown could last for months. There were some bright spots, with Australian equities posting a standout jump as…
Alberta unemployment rate to reach 9.5% amid COVID-19 pandemic: economic outlook
A new economic forecast released by one of Canada’s big banks on Friday projects a severe hit to Alberta’s economy this year as the world grapples with the COVID-19 pandemic. The TD Economics forecast projects a recession deeper than what…
A look at how travel restrictions are affecting Edmonton International Airport: ‘It’s quiet’
It is eerily quiet at the Edmonton International Airport these days. Travel restrictions have tightened up around the world in the fight against COVID-19 and as a result, many airports are, naturally, seeing a major slowdown. “People aren’t travelling much,”…
Eligible Albertans can now apply for emergency COVID-19 isolation support
Albertans who have been forced to self-isolate due to the COVID-19 pandemic and have no other source of income can now apply for financial support from the province. Last week, the Alberta government announced $50 million in financial support for…
Beaumont allows people to defer taxes, some utility payments amid COVID-19 crisis
The City of Beaumont announced new measures on Tuesday to ease the financial burden of people in the community struggling amid the ongoing COVID-19 crisis. The city is allowing both residents and businesses who are enduring financial difficulties the option…