Global response needed to ensure economic recovery from COVID-19 pandemic: Trudeau

·1 min read

OTTAWA — Prime Minister Justin Trudeau is calling for a co-ordinated global response to ensure a smooth economic recovery from the COVID-19 pandemic.

At a virtual meeting organized by the United Nations, Trudeau says Canada can’t defeat the novel coronavirus and rebuild its economy unless all countries have the resources to recover.

UN Secretary-General António Guterres says the lack of action to support vulnerable middle-income countries affected by the crisis presents a risk of spiralling into the worst recession since the Great Depression.

The meeting is following up on a series of sessions held last year to mobilize efforts for economic recovery from the pandemic.

Guterres says the world is on the verge of a debt crisis, as six countries have already defaulted and one-third of emerging-market economies are at high risk of fiscal crisis.

Trudeau and Guterres will take part in a joint news conference today.

This report by The Canadian Press was first published March 29, 2021.


This story was produced with the financial assistance of the Facebook and Canadian Press News Fellowship.

The Canadian Press