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Analyzing the effectiveness of government stimulus packages in times of crisis
Governments must revive their economy and help their populations during recessions, pandemics, and natural calamities. A stimulus package, which boosts economic activity and consumer spending, is one way governments do this. Whether these packages are necessary for crisis recovery or a waste of money is debatable. This article will evaluate the pros and cons of…
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The impact of COVID-19 on Canada’s economy and financial sector
The spread of COVID-19 has disrupted economies worldwide, including Canada. The epidemic has hurt the country’s economy, which was doing well. Tourism, industry, and retail have suffered from the virus, which continues to affect Canada’s economy and financial sector. The lockdowns triggered by COVID-19 have slowed Canada’s economy. The government closed non-essential enterprises to stop…