COVID-19 causes Canada’s GDP to plummet 11.6%: ‘This rivals the Great Depression’ says economist

Carleton's Ian Lee breaks down the grim news about Canada's GDP and warned that outbreaks in the U.S. could complicate the recovery.

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12 comments

  1. Trudeau wants an Election this Fall. Doesn’t matter Canada’s on borrowed time. I think we’re done being the third world’s refuge. Sucks, but no Canada day for me. Let it rain, I can survive anything anywhere I just want to relish in the fact that my enemies can’t.

  2. Unfortunately in Canada we have a Trudeau led government is spending money, that has nothing to do with COVID relief, I get spending on COVID, I have a tough time with Trudeaus non COVID spending, which is enormous!!!

  3. No mention of the years of deficit spending since 2015 that left our country in a weakened economic state and the knee jerk spending policies since Covid 19 became a pandemic that have resulted in an estimated Trillion dollar plus debt and $250 Billion dollar deficit this year alone. Incompetent and inept political leadership from Trudeau and Morneau have crippled Canada for the foreseeable future. Our children and their children will be paying for their inability to properly manage the Canadian economy.

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