Anyone hoping for a semblance of a normal economy might be left waiting

Posted by Michelle Zadikian, BNN Bloomberg

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Rosenberg also warns the return of consumer spending will likely be hampered by high debt loads, especially in Canada, where alarm bells were already sounding over the problem before it entered the COVID-19 economic crisis.

He also believes it’s almost a certainty Canada will lose its coveted AAA credit rating as government relief programs dramatically increase the country’s liabilities. click here for full story