Canadian Holiday Insights 2020 Economic Overview & Key Holiday Trends
Steady Recovery in Employment since Pandemic Peak
Employment hit its lowest point in April, but has since recovered to 94% of expected pre-pandemic levels.This has been buoyed by government transfers to households which in some instances have exceeded lost income, resulting in an increase 10.8% in disposable income.
In general, both service and goods producing sectors have been equally affected by COVID-19.
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