Our Chief Economist Charles St-Arnaud speaks with BNN Bloomberg’s Jon Erlichman, forecasting that a quick economic recovery is very unlikely. One contributing factor? The Canadian economy went into the pandemic in a vulnerable position, with high levels of household and business debt.
Watch the full video below or visit BNN Bloomberg.
In a related article, Charles speaks to CBC about what high unemployment rates caused by COVID-19 mean for Canada. Click the link below to read: