International Business Times – Canada’s economy shrank at a record pace in the second quarter but by the end of the period showed signs of a rapid recovery from the pandemic trauma that forced businesses to close and put millions out of work.

At the same time, Prime Minister Justin Trudeau’s government ran up a Can$120 billion (US$90 billion) budget deficit dolling out emergency aid to Canadians, compared to a shortfall of Can$85 million during the same period last year.

Get all the stats at the International Business Times.

World on the Run | Jo Lee Magazine

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