Canada’s economy saw its steepest recorded decline in the second quarter amid the pandemic as non-essential businesses were forced to close down.
The total of Ottawa's emergency assistance programs tallies up to a whopping $146 billion, according to the Department of Finance.
In 2018, the state deficit in Canada was about 0.39 percent of the gross domestic product, according to Statista.
Canada’s national economy made a step backwards to the tune of 0.1 percent, as real gross domestic product shrank for the first time in eight months.
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