Canada’s Economy Shrank Almost 12% in Historic April Contraction
A Canadian flag flies from a Harbour Authority patrol boat as gantry cranes are seen at the Port of Vancouver in Vancouver, British Columbia, Canada. (Photographer: Darryl Dyck/Bloomberg)

Canada’s Economy Shrank Almost 12% in Historic April Contraction

(Bloomberg) -- Canada’s economy collapsed in April as the country recorded its biggest output drop on record in the first full month of lockdowns to curb the Covid-19 pandemic.
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