Canada’s recovery from the pandemic is at a very difficult stage and a second wave of COVID-19 infections “could even deepen the economic hole”, Bank of Canada Governor Tiff Macklem said on Tuesday. Reuters reports: Macklem told the Greater Vancouver Board of Trade that Canada had to boost both exports and productivity to ensure the recovery from the coronavirus pandemic was sustainable. “The economic recovery from the pandemic is at a very difficult stage. Near term, rising COVID-19 infections will dampen growth and could even deepen our economic hole,” he said. “Uncertainty is elevated, and the recovery is going to be long and choppy.” More to come… FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Forex Today: Dollar’s weakness keeps spreading, Brexit deal awaited FX Street 2 years Canada's recovery from the pandemic is at a very difficult stage and a second wave of COVID-19 infections "could even deepen the economic hole", Bank of Canada Governor Tiff Macklem said on Tuesday. Reuters reports: Macklem told the Greater Vancouver Board of Trade that Canada had to boost both exports and productivity to ensure the recovery from the coronavirus pandemic was sustainable. "The economic recovery from the pandemic is at a very difficult stage. Near term, rising COVID-19 infections will dampen growth and could even deepen our economic hole," he said. "Uncertainty is elevated, and the recovery is going to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
