April home sales were down 57.6% from a year earlier, CREA says
Sales over the past 12 months are down a crippling 21.6%
Cash-flow challenges and debt levels increase risk of insolvencies
Companies already in financial trouble ahead of the pandemic face an insolvency reckoning
April job numbers were reported by Bloomberg News ahead of the official release
Bankruptcies are a serious risk, Federal Reserve chair Jerome Powell says
Even before the pandemic erupted, oil prices had been sinking
Darcy Briggs of Franklin Templeton Canada isn’t attaching much importance to Friday’s dire economic data
20.5 million jobs vanished during the month
A report predicts home prices will drop by 10–15% through 2022