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Canada had a worse 2020 economically than the U.S. but not as bad as Europe.
Health care and household spending are seeing historic collapses.
Working from home is expected to cause a "dramatic decline" in productivity, Canada's statistical agency says.
A November cold snap caused utility use to jump, the agency says.
Manufacturing, oil and gas all took a hit in August.
Individually, each of these barriers may not account for much when compared with the size of Canada's economy. However, the sum of these barriers is huge.
"There appears to be no holding back the Canadian economy, at least for now."
Are more increases in the offing? What does it all mean? How will it affect you?
Many global investors don't know enough about Canada to make informed decisions, CIBC says.