“Two solitudes” might be a good way to describe Canada’s economy during the novel coronavirus pandemic. While feelings of loneliness and isolation are common amid shutdowns and social distancing, there’s a growing divide between those who have emerged from the economic slump in fine — or even better — shape and those who have landed in a financial dark pit. When it comes to jobs, debt and housing, Canada’s economic trajectory has split into two, data shows. It’s what economists refer to as a “K-shaped” recovery.On the upper-arm of the K are higher earners, homeowners and older Canadians, as well as companies that can ... (full story)