coronavirus pandemic makes it clear that a high level of economic uncertainty remains.But officials still outlined several possible scenarios for what could come next for Canada’s economy — and they depend on whether there is a serious second wave of COVID-19 transmission.
Canada’s coronavirus deficit soaring to $343B as feds warn of ‘permanent change’ to economy In a news conference with reporters, Finance Minister Bill Morneau said the snapshot included what the federal government knows now and “a sense” of what officials think will occur in the short term, noting that “the ability to forecast is extremely difficult” at this time.Here are three possible scenarios outlined in the snapshot released on Wednesday:The main economic outlook.