Private equity fared best in the downturn
Canada Life, Sun Life and Manulife announce reductions
Those making up to $1,000 a month will be able to qualify for CERB
The measure jumps to 75% from 10%
The unscheduled cut is the second this month
The Canadian Federation of Independent Business suggests an enhanced program to cover payrolls
Top executives at other big banks also saw their compensation decline last year
The federal budget date was also announced
The central bank called Covid-19 "a material negative shock'' to the country's economic outlook
Finance department says change will allow minimum qualifying rate to be "more representative of rates offered by lenders"