V-shaped recovery – Benefits Canada.com

Economists agree we’re in a recession, but there’s little consensus on why

mschmit — Mon, 31 Aug 2020 04:50:21 +0000

Economists say there is no doubt that Canada is experiencing a recession, but the exact criteria determining one is underway can be fraught with confusion. Broadly speaking, a recession is a period of business contraction where economic activity declines. But what exactly constitutes a decline, and over what time period, is the subject of much […]

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What’s dragging down the Canadian economy as the world reopens?

mschmit — Fri, 26 Jun 2020 04:05:37 +0000

Along with the rest of the globe, Canada isn’t likely to see the V-shaped recovery that institutional investors were hoping for as it stares down the recessionary road ahead. “Canadian activity was also on the softening path even at the end of last year,” says Irene Lauro, an economist at Schroders. “And this is because […]

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Bank of Canada keeps key rate target on hold, expects return to growth in Q3

mschmit — Thu, 04 Jun 2020 04:18:45 +0000

The economy appears to have avoided a worst-case scenario due to the coronavirus pandemic, the Bank of Canada said Wednesday as it kept its key interest rate steady at its lower bound. The bank left its target for the overnight rate unchanged at 0.25 per cent, which it has said is as low as it […]

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What shape might the economic recovery take?

mschmit — Thu, 21 May 2020 04:31:21 +0000

With some jurisdictions gently reducing coronavirus-imposed restrictions, institutional investors are beginning to lay out possible scenarios for economic recovery. The terms V- and U-shaped recovery, along with arguments over which is more likely, have swirled throughout the past few months as economies around the world shut down huge swathes of their normal activities. Alessio de […]

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