• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

My Newsroom - powered by Martin Charlton Communications

Saskatchewan's Trusted News Source - powered by Martin Charlton Communications

  • Facebook
  • LinkedIn
  • Twitter
  • Home
  • Construction
  • Agriculture
  • Economy
  • Healthcare
  • Engineering
  • Sports
  • Business Blogs
  • About
pexels-photo-880840

My Newsroom / June 4, 2020

The Worst is Over and It Wasn’t As Bad As It Could Have Been

The first important message from the new Bank of Canada governor is an upbeat one – as upbeat as you can be in the middle of a pandemic that has hammered the economy.

But that is his point – that the economic damage was not as bad as it could have been. And…the worst is behind us. Action by all the players – the central bank as well as government – kept the system flush with cash with liquidity for banks and direct payments to people who lost their incomes because of the lockdown.

That was enough to keep the economy going and keep it from crashing into a depression-style funk.

As we see people starting to return to work, businesses that had been closed re-open and mobility improve, we will now begin to work out what things we learned during the pandemic we will keep and what we will discard. No doubt the question of whether we embrace policies around working from home will top that list.

Share this:

  • Facebook
  • LinkedIn
  • Twitter

Filed Under: Economy Tagged With: economy

My Newsroom

The latest news in your inbox

Receive email updates from MyNewsroom and Martin Charlton Communications, including daily Paul Martin Commentaries.

Sign up

Primary Sidebar

The latest news in your inbox

Receive email updates from MyNewsroom and Martin Charlton Communications, including daily Paul Martin Commentaries.

Sign up

Featured

pexels-photo-4040717[1]

Regina Council: Be Careful What You Wish For

January 22, 2021 By MyNewsroom

pexels-photo-5717479[1]

2020 is over and here are Martin Charlton Communication’s predictions for 2021

January 21, 2021 By MyNewsroom

Community is Currency

January 21, 2021 By MyNewsroom

Footer

wetellyourstories.ca & mynewsroom.ca powered by
Martin Charlton Communications – Tel: 306 584 1000

Add your stories to mynewsroom

Connect with us

  • Facebook
  • LinkedIn
  • Twitter

© 2021 · mynewsroom.ca