Trudeau: Canada’s economic shutdown to remain in place for ‘weeks’

In a news conference earlier this morning, Prime Minister Justin Trudeau made the acknowledgment that the economic shutdown in Canada is probably going to last for weeks. Unfortunately, the statement puts to bed most optimism about Canada’s economy recovering before the summer.
But, we have a different slightly take here at Curiocity. Yes, an economic shutdown is an extreme measure. But at the same time, it’s refreshing to see Canada put its people above its economy.
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Canada’s $73 billion wage relief subsidy has officially passed
Over 300k Canadians have already applied for the CERB
Watch live: Prime Minister Justin Trudeau addresses Canadians on the #COVID19 situation from Rideau Cottage, in Ottawa. https://t.co/qn7lC2Scb7 pic.twitter.com/qxH1gN3Ors
— CanadianPM (@CanadianPM) April 14, 2020
And yes, we know the two are deeply intertwined. However, in times of crisis, you want to look for which nations and groups support people, not the companies they work for. And we’re seeing that right now with the CERB and the Wage Subsidy.
So yes, an economic shutdown is a major bummer, especially when it interferes with your summer plans. But we prefer that over a potentially chaotic alternative any day of the week.
You can check out the full news conference right here.