“With provinces further relaxing public health guidelines, and schools reopening, Canada could see a pickup in the number of people admitted to hospitals, which could prompt a revisiting of strategies.”
National Bank of Canada noted a disconnect between an August poll by the Canadian Federation of Independent Business indicating 37 per cent of small businesses are hindered by a shortage of unskilled labour when the unemployment rate is above pre-recession levels and low wage earners were the worst hit.Article content
Canada has a relatively high full-vaccination rate at nearly 68 per cent when compared with other advanced economies, and several provinces are adopting vaccine passports to lessen the need for widespread restrictions. Nonetheless, the Delta variant will continue to weigh on economic recoveries, TD and National Bank said.