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The COVID-19 pandemic had a deep impact on the Canadian economy, leading it into a recession. The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5 percent in May 2020, the highest it has been since 1976. [1]
As the economic impact of the coronavirus began to be felt, numerous financial news sources warned of the potential cascade of impacts upon the outstanding $10 trillion in corporate debt. [ 64 ] [ 65 ] Between mid-February and early March, investors increased the premium, or additional yield, to hold junk bonds by four times the premium ...
All timelines, overviews, breakdowns, lists, and graphs on this page are based on data published in regular official reports by Health Canada in cooperation with Public Health Agency of Canada. [ 1 ] Timeline of cases and deaths in Canada
As of 2023, the COVID-19 pandemic is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS CoV‑2). Its effect has been broad, affecting general society, the global economy, culture, ecology, politics, and other areas.
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This page was last edited on 17 January 2025, at 20:12 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The template provides data on the COVID-19 pandemic, including cases, deaths, and recoveries.