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In today’s Speech from the Throne, the Governor General is expected to lay out the government’s vision for the pandemic recovery. It won’t be easy, with COVID-19 cases on the rise and investor confidence wobbling. While the economy has improved since April lows, the recovery continues to be fragile – especially in the face of a possible second wave. Where should the government focus its investments? And if it survives the confidence vote, what could we expect in its next budget? Craig Wright, RBC’s Chief Economist, shares his view on the economic outlook and what’s needed from the throne speech.
Background Reading:
- Canadian throne speech to lay out policy plans in the thick of pandemic
- Economic conditions improve but bumpy road ahead
The 10-Minute Take podcast provides insights from RBC economists and market experts on events unfolding around the globe.
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