This first phase has brought with it an immediate economic contraction, as businesses shuttered and people lost their jobs. But this shutdown will be temporary if appropriate measures are taken. Already we are starting to see some reopening across Canada. This will bring a recovery.
6  B. Challenges and Initiatives in Realizing New Growth To bring about such a virtuous cycle, it will be necessary to overcome the dearth of dynamism -- a major challenge for Japan's economy -- in tandem with the transition to a post-pandemic society.