A report Wednesday by the highly-respected Macdonald-Laurier Institute warned against listening to any politician claiming the coronavirus — or COVID-19 — is primarily responsible for throwing a wrench into Canada’s economy.
Despite the Trudeau-Liberals’ claims that all is hunky-dory, the economy’s been circling the bowl for quite some time and has already been exposed to some serious risk factors.
According to Munk Senior Fellow Philip Cross, the author of MLI’s latest economic report, Canada’s GDP had stalled to a miniscule 0.1% by the end of last year, worn down by declines in exports and business investment.
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