The economic catastrophe due in large part to physical distancing measures has led the various levels of government to implement relief measures. This MEI publication provides a critical look at the relief measures currently in effect all while identifying the principles that should guide government action. The researchers notably observe that measures aiming to preserve employment links, like wage subsidies, are the most conducive to rapid economic recovery.
Restrictions continue to be gradually eased in Canada, but as there is talk of a second wave, it is more important than ever to question the case for lockdown. This MEI publication provides a critique of Professor Neil Ferguson’s epidemiological model, which led to lockdown in this country.
Every day, Canadians are informed via press conference of the number of new deaths attributed to COVID-19. This publication by the Montreal Economic Institute raises questions about the accuracy of these statistics.
For several years, there has been talk of electrifying the entire Quebec economy. This Montreal Economic Institute publication presents the province’s energy profile, quantifies its hydroelectric potential, and identifies natural gas as a realistic solution for meeting our energy needs.
The facts underlined here by this prestigious author have not been heard widely enough in the Canadian context. Yet the debate over generalized, compulsory lockdowns will no doubt remain active for quite some time.
In which Quebec emergency rooms are patients most likely to return home without having seen a doctor? The “2020 Ranking of ER Overcrowding in Quebec” describes the situation over the past year and measures the evolution of the situation over five years using data obtained through a request for access to information, before the COVID-19 pandemic.
The physical distancing measures in effect to slow the propagation of the coronavirus are hitting the restaurant industry hard. An MEI publication proposes solutions to help the sector.
In addition to a health crisis, the coronavirus pandemic raises concerns about an economic crisis. While several commentators draw parallels with the Spanish influenza, this MEI publication analyzes the economic lessons that should be learned from this historical episode.
The Competition Bureau submitted its report on March 27, 2020 coming out against Air Canada’s proposed acquisition of Air Transat, which has otherwise already been approved by shareholders. While the airline industry is being battered by the coronavirus pandemic, this publication by the MEI shows that a dynamic understanding of competition mechanisms argues in favour of the transaction.
As COVID-19 continues to spread across Canada, a rising chorus is calling for expensive fiscal stimulus to fight its economic fallout. This MEI publication asserts that given already low interest rates, fiscal measures are the textbook response.