A Public Health Emergency was declared on 30 January 2020 which was of international concern. A case of pneumonia with an unknown cause was identified in Wuhan, China and was reported to WHO (World Health Organisation). The outbreak was named as COVID-19 by WHO which took the form of a pandemic (WHO, 2020). This crisis, due to the outbreak of COVI-19 pandemic has led to an economic crisis due to lockdown in the affected countries globally. This study will highlight the macro-economic and micro-economic effects of pandemic COVID-19 on Canada.