Economists predict recession coming due to COVID-19 and plunge in oil prices

By The Canadian Press
A recession is coming later year as the economy is derailed by the impact of COVID-19 and a plunge in oil prices, economists said Friday. Royal Bank of Canada forecasts the economy will grow at an annualized pace of 0.8 per cent in the first quarter, then contract in the second and third quarters of the year.…

Source:: Economists predict recession coming due to COVID-19 and plunge in oil prices

• Whistler News

March 13, 2020

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