COVID 19 IMPACTS : CANADA
The WHO declared pandemic COVID 19 has created an astounding level of uncertainty across the world; infecting people in 185 countries & seemingly bringing a recession into reality. BBC puts Canada at 13th position among the most resilient countries of the world, according to 2019 data. The Canadian government, with hopes of moderating risks is taking unprecedented measures with COVID 19 and implementing social distancing, isolation of travelers, close monitoring of the COVID 19 cases, cash injections, and fiscal interventions.
COVID 19 has affected almost everyone in the economy, directly or indirectly. An astounding number of 2.1 Million filed for employment insurance in a matter of few weeks after lock down. With the news of ever-growing number of global infections and deaths, roads and shopping centers were deserted, schools cancelled, flights grounded, supply chains and businesses across the world were disrupted.