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Canadian unemployment could hit 15 per cent amid coronavirus pandemic, deficit to $115B

covid-19 Coronavirus Cases Coronavirus Pandemic
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globalnews.ca
globalnews.ca:

The coronavirus pandemic sweeping the globe could send Canadian unemployment rates soaring to 15 per cent by the end of the year, a new forecast by the parliamentary budget watchdog suggests. [ Sign up for our Health IQ newsletter for the latest coronavirus updates ] At the same time, the federal deficit could spike to $117 billion by the next fiscal year.

The current federal deficit sits at roughly $26.6 billion while the national unemployment rate in February was 5.6 per cent.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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