February data shows early effects of Covid-19 on prices for raw materials, industrial products
Since January, the pandemic and a collapse in oil prices have significantly affected the economy
Initial impacts are starting to show up in certain data points
Economists expect GDP to turn negative in the first quarter of this year
Prices rose by more than double their usual rate in February
Canadian corporate bonds were popular among foreign investors in January
G20 growth was weaker in Q4 2019, before the pandemic took hold
The current data don't adequately reflect the effects of Covid-19
As a result, the central bank could cut its trendsetting rate next week
Leading indicators point to growth, but the impact of the coronavirus is unclear