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13 Mar

Fiscal stimulus and measures announced including rate cut.

General

Posted by: Anne Martin

In response to the coronavirus and various economic issues world wide, the Bank of Canada held an emergency meeting on Friday March 13, 2020 as part of a fiscal stimulus package in efforts to slow the economic damage caused by the coronavirus and plunging oil prices.

There have been multiple announcements by all governments this week that will hopefully stem the spread of the virus and help workers, businesses, home owners and those who become stricken with the flu.

Dr.  Sherry Cooper explains it best.  Click here for more info