In my opinion, governments have a tremendous responsibility to minimalize the effects of the Covid 19 virus and I think the way Canada fights this battle is a good example of how to do this.
First things first, I think there is no debate anymore that the economy or the health organizations will face difficult times in the near future. And almost everyone, except for some anarchists, is convinced that there lays a big task now for the government fighting the consequences of this big unknown.
Another remarkable fact is that there is a big difference in how different policy makers address this issue. Canada is dealing with this problem in a coherent way, they’re not only focusing on the economical issues, but also on the health issues. For example, they’re lowering the interest rates to promote economical activity, but they’re also pumping money in the health system. That’s a big difference with other North American countries. Of course, as they’re not the first country to deal with this problem and are somewhat isolated from Europe and China they had more time to prepare.
Lastly, and probably the most important, Mr. Trudeau is giving the good example himself as he has put himself in quarantine. The reason for this is his wife who has been diagnosed with the Covid 19 virus, consequently there is a risk he could contaminate other people, although he didn’t test positive himself. This is a striking contrast with Mr. Trump who keeps shaking hands even after he had contact with infected people, like Mr. Bolsonaro’s assistant.
In conclusion, I think the Canadian way of dealing with the Corona crisis is almost the paragon of how to deal with this issue.
One of my main inspirations for this blog post is the following article:
https://www.ft.com/content/92d94cc4-6568-11ea-b3f3-fe4680ea68b5
Robin Deroeck Finance & The Political world 