Canada | Recovery Tracker pauses, but health index climbs higher
The Canada Recovery Tracker (CRT) dipped 0.1ppt to 90.9 in the week ended May 28, its first decline in five weeks. Four of seven subcomponents improved but drops in sentiment and mobility offset strong gains in health.
What you will learn:
- The health index climbed 15.7ppts as all subcomponents improved, highlighted by 34.4% fewer new cases per million on the week.
- The Covid-19 reproductive rate hits lowest level since the start of pandemic.
- Sentiment tumbles as housing and travel and tourism interest cools.
Topics: Canada, Coronavirus, Macro, Recovery Tracker, Economic recovery, Canada Recovery Tracker
