LILLEY: COVID’s economic impact could see millions declaring bankruptcy

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“The initial peak, the top of the curve may be in late spring with the end of the first wave in the summer,” Trudeau said. “This will be the new normal until a vaccine is developed.” At this point a vaccine is a long way off. Teams around the world may be working hard to develop one but ensuring it works, testing it and then producing it in sufficient numbers will still take months. The same with drugs that can treat symptoms.