Toronto & SARS

Estimates vary — that should be in the dictionary beside the word “economists” — but the general view is that the SARS debacle centering on Toronto, Canada, will cost Canada 1.5% in annualized GDP growth in the second quarter. While most think that the broader economy will quickly bounce back, it is fair to say that the effect on Toronto itself will be felt for some time.

Related posts:

  1. The trouble with Mary