Episode 5

Aug 27, 2020

The cost of COVID-19 and Canada's federal debt

The federal government offered CERB and wage subsidy to help Canadians stay home and stem the spread of the pandemic -- but at what cost?

Episode 5

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In this episode

Armine Yalnizyan, one of Canada's top economists, shares what the federal debt means for Canadians and our recovery. Touching on topics like:

  • The affect of CERB and wage subsidies on the Canadian Economy

  • What recovery will look like for Canada

  • Why childcare must be a critical part of the strategy to rebuild the economy

Joe Reid, a Vancity wealth management expert, gives advice on managing your personal debt during the pandemic.

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