The Canada Recovery Tracker (CRT) edged up 0.3ppts to 86 in the week ended April 30 as increases in six of seven subcomponents led to the first gain in six weeks. Despite falling 5.2% in April, the CRT ended the month with some upward momentum. The health index has now improved in back-to-back weeks, and the recent drop in the reproductive rate below 1, along with continued progress on vaccinations, should support further gains on the health front in May-June. We remain hopeful that a better health situation will allow for restrictions to ease and economic activity to accelerate in H2 2021.
What you will learn: