Write For Us

Canadian economy posts worst showing on record in 2020

Sponsored Post Vitamin D2 Canada Persia
79 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
The Canadian economy posted its worst showing on record in 2020 as the novel coronavirus pandemic swept the country, shutting down businesses and putting people out of work.

Real gross domestic product shrank 5.4 per cent in 2020, the steepest annual decline since comparable data was first recorded in 1961.

The drop was mostly due to the shutdown of a large part of the economy in March and April during the first wave of the pandemic. As David Akin reports, there are signs the economy is bouncing back.

For more info, please go to https://globalnews.ca/news/7671568/canadian-economy-gdp/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#economy #Canada #Coronavirus #GlobalNews
Category
U.S. & Canada
Tags
Canadian economy, Canada GDP, Canadian jobs
Sign in or sign up to post comments.
Be the first to comment