Alberta Central’s Chief Economist Charles St-Arnaud was quoted in Microsoft News today, saying that a second wave of lockdown could wipe businesses out. If another lockdown were to occur, it would likely be more disastrous to businesses because extended loans they may have received will be coming due in the next few months.

The article also discusses economic recovery predictions, household debt and consumer habit shifts.

Read ‘Second wave of COVID-19 could push many off loan deferral cliff: economist’ here.

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