Canadian Economy Falls 11.6% in April, the Biggest Monthly Drop on Record

Statistics Canada reported an 11.6 percent drop in April's gross domestic product on June 30, 2020. The Canadian Press

OTTAWA—The full impact of sweeping economic lockdowns meant to slow the spread of COVID-19 came into sharper view, with new figures showing Canada saw the largest monthly drop on record in April as the country came to a near standstill.

Statistics Canada said Tuesday that gross domestic product fell 11.6 percent in April with non-essential businesses shut for the full month following a 7.5 percent decline in March.