Opinion: Support Canadians now, but not at the expense of our future | The National Post
Published: 25 May 2020
May 21, 2020 | In light of the pandemic, governments have moved quickly to support hard-hit workers and businesses. This provision of economic “relief” is different from conventional “stimulus” common during normal recessions. Whereas stimulus policies are all about getting people back to work and businesses back to normal levels of operation, the current relief policies are about replacing people’s incomes while they are safely isolating at home. Replacing a big fraction of the lost income is proving to be very expensive for Canada, and the bill is being added to our public debt. Professor Christopher Ragan and Dr. Paul Boothe discuss the complex problem of restarting the economy and the future state of public services.