Decline could be even deeper if restrictions on economic activities extend into the third quarter.
Claims the real people want to get back to work ASAP, critics say he’s presenting the nation with a false choice.
Meeting comes amid criticism the world’s wealthiest countries are not doing enough to combat the virus or its economic impact globally.
CFIB Business Barometer tumbles 29 points to historic low in March.
Contrary to experts that warn the highly infectious disease is certain to spread.
Government proposes sweeping new powers for up to 21 months act unilaterally without seeking Parliament’s approval.
COVID-19 cases spike, manufacturers of food and medical supplies among the essential.
Don’t want supply chains and workforces compromised domestically and across the US border.
Begins March 24 at 11:59 p.m. and will be in place for at least 14 days.
Financial aid package is equivalent to about 3% of Canada’s gross domestic product.
Exceptions could include mission-critical truck drivers, airline crew members and health-care workers.
Forecast of 0.3% economic growth in 2020 followed by a rebound to 2.5% in 2021.
Cites political friction, economic instability and the coronavirus outbreak as reasons for walking away from the project.
Outbreak of the novel coronavirus has changed some spending plans.
Government is holding an extra $105 million collected on US steel and aluminum during the trade fight with the Trump administration.