Sunday, November 15, 2020

Was Canada Overly Generous, Spend Too Much During the Pandemic? Incomes Actually Increased 11%

"...A new report by the Organization for Economic Co-Operation and Development (OECD) shows that household incomes in Canada increased by 11 per cent in the second quarter of 2020, while incomes in other developed nations including the U.K., France and Germany decreased. The boost came despite a more than 10 per cent contraction in the Canadian economy over the same period, shortly after strict lockdowns were introduced across the country...."

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