TORONTO, ON- MARCH 9 - All the world markets including the Toronto Stock Exchange suffered huge losses at concerns over COVID-19 begin to increase in Toronto. March 9, 2020.
So far, that idea hasn’t taken hold. John McKenzie the interim chief executive and chief financial officer of TMX Group, which owns and operates the Toronto Stock Exchange, said it a message on the company’s website that he believes markets should remain open. “The markets are functioning well and doing what they are designed to do: provide investors with liquidity and ensure issuers have a world-class venue to raise capital,” he said.
Nor can anyone say at this point how long the Covid-19 crisis will last, or how bad the situation could get. The longer markets were closed in such a scenario, the more detached they would get from reality. If the situation on the ground had deteriorated, then anxious investors might panic sell out of fear of another shutdown and having their assets frozen, making the crash even worse than it might have been without the halt.
All the Liberal insiders pulled their cash out...
Why not use a headline to educate people on what to do? Isolate. Social distancing. How to care for a sick family member. Meal planning with limited supplies? We have to get through this. Day by day.
Please use a high res, clear pic for the chart on the article page. (This is what I see. )
The good news is we can see bottom. The bad news is it's coming up on us really fast.
ga_richardson Part of the plan...you have to buy into it...the media insists...!!
it is a shame the liberal government spent so much money so recklessly for these past 5 years. - catastrophic debt on top of this will see Canadian depression for years to come. Should have saved a little.
Out with old, in with the new. globalization
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