Saturday, November 20, 2021
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Global economy to see worst year since the 30’s

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The International Monetary Funds’ latest forecast shows the global economy will suffer its worst year since the Great Depression.

The IMF data shows Canada’s economy will shrink by 6.2% before bouncing back with 4.2% growth in 2021.

Canada will be hit harder than the United States but not as bad as Italy, Spain, and the United Kingdom.

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