July 1, 2020
The COVID-19 pandemic is a global health and economic crisis.
Governments have already spent billions in the immediate response, including in Canada where a deficit of over $300B is forecast for this year.
Billions more will be invested before this crisis is over, including in restarting economies. Just how much investment will be needed is becoming evident in the initial recovery plans of G7 countries.
The goal of our task force is to ensure that those billions in new Canadian expenditure are invested wisely in a strong and resilient recovery – one that delivers good jobs, is positive for the environment, and addresses inequality.
Drawing on ideas from across our country and around the world, we have identified five “bold moves” to ensure Canada’s resilient recovery. This is our preliminary report.