BREAKING: Trudeau Liberals hit $1.06 TRILLION debt after most costly pandemic plan in G7
Canada's unemployment rate sits at a startling 13.7 percent—putting it in the company of famously flaccid economies like Spain and Greece.
Banks use the prime rate to set interest for different types of loans.
Prime Minister Justin Trudeau says the government is “working on a solution” to prolong the Canada Emergency Response Benefit (CERB).
"Making projections about what our economy could look like six months... or a year from now, would be an exercise in invention and imagination," Trudeau said.