Peter Armstrong

Senior Business reporter for CBC News. A former host of On the Money and World Report on CBC Radio, Peter Armstrong has been a foreign correspondent and parliamentary reporter for CBC. Twitter: @armstrongcbc

Latest from Peter Armstrong

Playstations scarce, automakers stalled amid semiconductor shortage brought on by pandemic

A shortage of semiconductors — the microchips needed in everything from military equipment to coffee makers — is causing delays around the world, disrupting supply chains for smartphones and causing major problems in the auto industry. For consumers, it means a delay getting some products. It could also mean higher prices.

Where the lopsided economic impact of COVID-19 in Canada goes from here

The COVID-19 pandemic has created two distinct economies in Canada. One is thriving. The other is trying desperately to hold on, Peter Armstrong writes.

COVID-19 changed how we work. Will it stick?

Even as more people are forced to work from home during a phase of renewed lockdowns and COPVID-19 restrictions, many businesses are trying to plan for the next steps once the pandemic subsides.

Businesses faced ruin from the pandemic. Then Canada came calling for vital supplies

Many businesses were faced with ruin when the pandemic hit. A handful retooled their assembly lines to provide direly needed PPE and medical equipment, and just maybe saved themselves along the way.

Confused by the economy during the COVID-19 pandemic? Don't worry, so are the economists

It's hard to make sense of all the different numbers coming at us during this unique economic crisis. Record high drops in GDP with historic rises in job growth? Even the experts are flummoxed.

Locked in legal fight over rents, HBC's big plan to survive COVID-19 may be to go small

HBC is being sued for millions of dollars in unpaid rent. But the real fight is over how the retailer will look once the COVID crisis is over, and shrinking its footprint might be the best available option, say analysts.

Why stock markets are up 44% amid the worst economic contraction in history

Millions of people have either lost their jobs or the hours they work. Heading into winter, COVID-19 cases are sharply rising and yet the stock market is posting some records. What gives?

Canada and the U.S. put tariff threats on ice, but expect more trade uncertainty amid COVID-19

The tit-for-tat tariff war between Canada and the U.S. would have only punished Canadian consumers and hampered global trade at the worst time. But the tariffs are just a symbol of a changing view of globalization that's been brought into sharp relief amid COVID-19

Game on: To stem financial losses, the NHL and other pro sports leagues prepare to resume play amid COVID-19

Pro sports aren't trying to salvage their seasons to make money. They're desperately trying to avoid losing everything.

V, W, U or L? Here's what kind of shape Canada's economy will be in coming out of COVID-19

The COVID-19 pandemic has so far spelled doom for Canada's economy, and the future looks anything but certain. What will happen next is anyone's guess, but economists think the path forward will probably look like one of a few familiar shapes.