Canada reviewing its coronavirus aid to prepare for possible 2nd wave, Trudeau says

The federal government’s ongoing review about the good, bad and possibly ugly parts of its response to COVID-19 will feed into plans for an improved response to a potential second wave of the novel coronavirus, Prime Minister Justin Trudeau said Monday.

Speaking outside his Ottawa residence, Trudeau said there are plenty of things that in hindsight the government might have done differently or sooner to respond to the economic fallout from the pandemic.

He didn’t go into details about how things could have changed.

Looking ahead, Trudeau said the federal government will be able to respond with sufficient fiscal room if economic lockdowns are required to combat a second wave of COVID-19.

He said the government is planning for a worst-case scenario and hoping for the best.

Finance Minister Bill Morneau is scheduled to provide an updated snapshot of federal finances next week, which will give an idea of how the government sees the rest of the fiscal year playing out, including figures for a potential deficit.

“There’s certainly plenty of things we would have done differently,” Trudeau said.

Canadian News

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