The pandemic has caused the fastest and most disruptive economic downturn in Canadian history. Statistics Canada, in its April Labour Force Survey, found Canada’s unemployment rate had skyrocketed to 13 per cent, with more than three million Canadians losing their jobs due to the COVID-19 economic shutdown. Job losses, the closure of non-essential businesses, and the severe decline in demand for non-COVID related products and services has left its mark on the wallets and psyche of all Canadians.
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