April 02, 2020 BY Valentina Kirilova

Canadian Unemployment Rate could soar on coronavirus crisis

No critical data covering the recent coronavirus spread period has been published, except for the Canada Markit Manufacturing PMI that dropped to 46 from 51.8 prior, and lower than the 53.3 anticipated. The PMI is a leading economic indicator, and it suggests that the Canadian economy has slowed down sharply. We also know that the…

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