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05.07.2020 / 18:29

Ottawa’s coronavirus deficit will take ‘many, many years’ to pay down: economist

coronavirus emergency response could take more than 10 years to get under control, one economist suggests.In an interview with The West Block guest host Robin Gill, the B.C. Business Council’s chief economist, Ken Peacock, speculated that while some economic activity might normalize more quickly, the $260-billion federal deficit forecast by the parliamentary budget watchdog will not be under control for some time.“That is going to take many, many years.

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