Canada Finance Minister Bill Morneau said that the coronavirus is probably going to have a “real” impact on that country’s economy, according to a report Monday (Feb. 10) by Bloomberg. Countries are keeping watch on the spread of the virus and its potential economic effect.

Morneau spoke about the virus for the first time at a breakfast speech in Calgary, and he said the coronavirus is going to have a “significant” impact, one that will disrupt tourism and supply chains. Oil prices have fallen 15 percent as demand has slowed down.

“I do want to acknowledge the virus is undoubtedly going to have an economic impact,” Morneau said per reports. “We know the impact is real.”

The virus, which has killed 910 people,

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