This is the first article in a series this week examining major economic policy responses to the pandemic that targeted small and midsize businesses. The second article will look at the Main Street Lending Program, and the third will offer policy recommendations for responding to future ... READ MORE >
coronavirus relief
Why Biden’s $1.9 trillion stimulus package would be a boon for Canada
Joe Biden’s proposed $1.9 trillion fiscal aid package would not only provide a significant stimulus for the United States, but it would also have a big effect on the Canadian economy. Why should Canadians care? In short, it’s because the Canadian economy cannot help but be affected by its neighbor ... READ MORE >
Economic policy primer: The difference between aid and stimulus
During the pandemic, the federal government has put forward close to $3.8 trillion, or roughly 18% of gross domestic product, to offset the adverse economic impact of the public health crisis. The Biden administration has asked for another $1.9 trillion in fiscal aid and stimulus, on the back of the $908 ... READ MORE >
The $900 billion coronavirus relief package is a necessary start. But first it needs to be enacted.
Not long after Congress passed a $900 billion coronavirus relief package late Monday, along with $1.4 trillion to keep the government funded, President Donald Trump criticized the legislation as "a disgrace," throwing it into doubt. RSM chief economist Joseph Brusuelas analyzed what these developments ... READ MORE >