Governments around the world, Harper says, have been rolling out “wheelbarrows” of cash to fight COVID-19 — the International Monetary Fund in April estimated spending world-wide will top US$3.3 trillion, with another $4.5 trillion in loans and contingent liabilities. That’s going to necessitate smaller government going forward, since money just won’t be there.
As soon as the Ontario government is done dealing with the current public health crisis, its focus should turn to cutting public sector employment to restore the state of the province’s finances.
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