CMHC warns COVID-19 could lead to huge losses in real estate market. The head of the Canada Mortgage and Housing Corporation is warning that not only will
Is it true that due to Covid-19 all institute will get a huge loss in Future?
Most Institutes/corporates with commercial interests are going to suffer at least some impact. It is difficult to generalize as huge loss for all, but it is true that most are getting impacted or will get impact. It depends on how long the Covid-19 pandemic continues to disrupt normal life. A prolonged one will create a lot of economic issues with large scale job losses and business shutdowns.