A record $49.2 billion flowed into the economy in April, driven by foreign investors adding Canadian debt
Data reflect the effects of a full month of mostly shuttered production
Industrial prices for May more positive than gloomier StatsCan data for March and April
Both international assets and liabilities plunged alongside equity markets
Economic report says data encouraging
Net income was down sharply in Q1, largely before lockdowns
The S&P 500 is up more than 13% in the last year despite ongoing economic uncertainty
Fed Chair Jerome Powell discussed new Main Street Lending program on Friday
The drop in household spending was broad, while the savings rate was up
The outcome may be worse for the April-June quarter, economists predict