Coronavirus to hit Canadian economy, affect oil prices, tourism: finance minister - Reuters

in #dlike4 years ago

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The spreading coronavirus outbreak will hit the Canadian economy, in particular oil prices, the tourism sector and supply chains, Finance Minister Bill Morneau said on Monday.

Morneau told a business audience in Calgary that prices for crude - one of Canada's major exports - had dipped by 15% since the outbreak started in the Chinese city of Wuhan.

The death toll from the epidemic rose to 908, all but two in mainland China, on Sunday as 97 more fatalities were recorded. The virus has spread to at least 27 countries, including Canada.


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