In past recessions, 45% of layoffs were permanent, with lingering consequences
Net income was down sharply in Q1, largely before lockdowns
High earners more likely to be in jobs that can be done remotely
Research finds high levels of anxiety, increased use of alcohol and junk food
The drop in household spending was broad, while the savings rate was up
Study finds those under financial pressure worry more about lockdown effects
A 15.6% drop is forecast for April, said Statistics Canada
Fallout for freelancers not captured in traditional jobs data, StatsCan study says
Falling energy prices drove raw material and industrial prices lower in March
Two thirds of businesses say they could return to normal less than one month after restrictions are removed