Canadian government bonds were among the strongest performers
Updated GlobalData forecasts point to widespread growth contractions in Canada
Unexpected return to weakness more likely than a robust recovery
Forecast sees rebuild through 2022, assuming strict lockdowns aren't needed again
Lower growth, higher debt, greater ESG demand seen in post-pandemic world
Lost service sector output likely gone forever, investment and immigration are long-run concerns too
GDP to fall 6.2% this year, predicts the bank
In its semi-annual monetary policy report, the central bank pointed to "tremendous" hardship
Some economists say it could take two years or more
The job gain stores and companies may be starting to rehire