Measures imposed by different levels of government in Canada aimed at curtailing the spread of COVID-19 led to a fall in economic activity unprecedented since the Great Depression, according to a new research paper, which questions whether authorities have “learned any clear lessons” on how to prevent these types of disruptions in the future.
“In trying to put the pandemic behind us, it is not clear whether the federal and provincial governments have learned any clear lessons about how to deal with either a resurgence of COVID-19 or a new pandemic while minimizing disruption to the economy,” says the paper published by the Fraser Institute on Sept. 14 and titled “Storm Without End: The Economic and Fiscal Impact of COVID in Canada.”…