Live coronavirus updates: unemployment in Alberta may reach 25%, worst crisis since the Great Depression, Premier says


Alberta Premier Jason Kenney said unemployment could reach 25% during the COVID-19 pandemic.

He made the announcement at the Scotiabank CPA Energy Conference on Tuesday morning, just hours before he was to speak to Albertans about the projected scale of the epidemic and the effects. that it could have on the economy of the province.

He said the economic decline would be the worst crisis the province has experienced since the Great Depression. Finance Minister Bill Morneau said aid was underway in “hours or days” for the oil and gas sector, but funding has yet to materialize.

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