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Coronavirus: Latest developments in the Greater Toronto Area on March 4
coronavirus pandemic in the Greater Toronto Area for Thursday.According to an analysis done by Destination Toronto, the COVID-19 pandemic has cost the city’s economy $8.35 billion due to a drop in tourism and hospitality spending.Some of the hardest hit sectors include:Destination Toronto said when the Greater Toronto Area region is factored into the analysis, the economic losses grow from $8.35 billion to more than $14 billion.