The 10-Minute Take

A downturn like no other


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This may be the darkest quarter on record for the Canadian economy. Our consumer-driven economy could make a rebuild even tougher, as we all tend to our wounds and avoid public places for months to come. As GDP declines and unemployment reaches unprecedented levels this quarter, it may be hard to spot silver linings. But come 2021, low interest rates and pent-up demand should get growth headed back to normal. RBC's Chief Economist Craig Wright joins our podcast to discuss his latest macro forecast.
For more insights about social, economic and technological trends, visit rbc.com/thoughtleadership.
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The 10-Minute TakeBy The 10-Minute Take

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