01752cas a2200241 a 4500 AALejournalIMF021674 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513574264 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Canada : 2021 Article IV Consultation-Press Release and Staff Report. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (79 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Canadian economy was operating at close to capacity and had strong policy buffers when the COVID-19 pandemic hit. Economic and social restrictions put in place in March 2020 helped to mitigate the first wave of the virus, but they came at a significant cost. There was an unprecedented decline in activity in the first half of 2020, followed by a strong rebound in the third quarter as virus-related restrictions were eased. With the onset of the second wave of the virus in late September sparking renewed restrictions across the country, the recovery has slowed. Looking ahead, the strength and durability of the recovery hinges on the evolution of the pandemic. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2021/054 Full text available on IMF http://elibrary.imf.org/view/journals/002/2021/054/002.2021.issue-054-en.xml IMF e-Library