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Coronavirus will ‘undoubtedly’ hit Canadian and global economies, says Morneau

Source: Amanda Connolly, Global News, February 10, 2020 

Finance Minister Bill Morneau says the novel coronavirus outbreak will “undoubtedly” hit the Canadian and global economies this year.

And he added that while the precise impact is unclear, it could be “significant.”

Morneau gave the keynote address at a meeting of the Economic Club of Canada in Calgary, Alta., on Monday morning.

“The virus is undoubtedly going to have an economic impact,” Morneau told attendees at the gathering, adding that he expects the outbreak will be a “central topic” at upcoming meetings of G20 finance ministers and central bankers later this month.

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Image Source: Global News 

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