Editor's Edition: How well does Canada's fall economic update address the crisis?

The federal government's fall economic update presented a three-year stimulus plan, to mitigate weakness after the pandemic is over, but critics say there were few specifics on how. The plan is to spend up to $100 billion on universal daycare and pharmacare, green energy retrofits, and many more programs that have yet to be designed or agreed upon.

The plan also included shorter term measures, with more details, such as a boost to the Child Care Benefit, costing $2.4 billion and mostly benefiting lower income Canadians. Along with government-backed loans for businesses, the government claims that income supports for Canadians and business owners will carry the economy through to start a recovery after vaccine rollout.

In Editor's Edition, managing editor Kirsty March, discusses with economist and Atkinson Fellow for the future of workers, Armine Yalnizyan, whether the immediate supports are enough, and whether the government has the right set of priorities for the murky economic picture that follows.