The drop in the annual rate was the first year-over-year decline since September 2009
Falling energy prices drove raw material and industrial prices lower in March
Plunging stock markets had a heavy impact on foreign assets
The deterioration of sales outpaced the decline that took place during the depths of the Great Recession
New data provides more early insight into the economic effects of Covid-19
Data collection affected by the pandemic, StatsCan says
February data shows early effects of Covid-19 on prices for raw materials, industrial products
Since January, the pandemic and a collapse in oil prices have significantly affected the economy
Initial impacts are starting to show up in certain data points
Economists expect GDP to turn negative in the first quarter of this year