Economist predicts that further increase in unemployment may indicate Canada's recession is already underway
David Doyle, head of economics at Macquarie, joins BNN Bloomberg to talk about his reaction to the Bank of Canada holding its key rate steady at five per cent. Subscribe to BNN Bloomberg to watch more videos: Connect with BNN Bloomberg: For the latest news visit: For a full video offering visit BNN Bloomberg: BNN Bloomberg on Facebook: BNN Bloomberg on Twitter: BNN Bloomberg on Instagram: BNN Bloomberg on LinkedIn: -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.... ( read more )
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If unemployment rises more from here, that could signal Canada is already in a recession: Economist The COVID-19 pandemic has unleashed uncertainty and economic turmoil around the world. Governments and businesses are grappling with the effects of lockdowns, restri