April 22, 2020
COVID-19 has upended communities and economies across the globe. Canadian political leaders have taken unprecedented steps to slow the spread of COVID-19, including the closure of non-essential businesses, schools and universities. These measures, while necessary, have led to a severe drop in economic output and employment.
In response, governments in Canada, as elsewhere, are intervening in economic affairs in a manner not seen in generations.
The scale of the crisis and its exposure of woefully inadequate social safety nets has led to even established conservative voices calling for a permanent growth of the role of government in the economy.