Grain shipments chart path to cargo rebound

摘要

Following a nearly 6% GDP plunge in 2020, the Canadian economy is poised for brisk growth in 2021 as COVID-19 vaccinations reach a critical mass and various restrictions are gradually lifted. Real GDP is projected to climb about 4.4% by economists - good news for shipping lines and ports on the Great Lakes/St. Lawrence System where a recovery trend was already discernable during the last quarter of 2020. Cautious optimism prevails for 2021.