Canada’s economy suffered its worst contraction on record in the second quarter, though more recent data suggests a rebound is well underway on the back of massive government aid.
Source: Huge state aid is dragging Canada out of worst-ever contraction – BNN Bloomberg
“Friday’s data show that Canadians are eating, drinking and smoking more than they did pre-pandemic, but largely spending less on other things. Transportation services are down 81 per cent from the end of last year, while expenditures outside the country fell 90 per cent. Purchases on clothing, accommodation and restaurants have also seen big hits.”
Fat, happy, dope-smoking Canadians….!!!!
