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
Both targeted testing and isolation could combat a second wave
SIFMA survey of economists sees long recovery from Covid-19 ahead
Economists expect that the effects of the pandemic will take a while to overcome
The drop in household spending was broad, while the savings rate was up
Member nations are struggling to protect healthcare systems, businesses and jobs amid pandemic
A second wave of lockdowns could prove ruinous, however
A 15.6% drop is forecast for April, said Statistics Canada