TORONTO—This is not a normal economic crisis. The pain has been distributed unevenly—and arbitrarily. Those who have suffered most were not, for the most part, reckless, poorly prepared or irresponsible. Overwhelmingly, it has been a matter of luck. The bad luck has been concentrated among those in face-to-face sectors, and those with more insecure contracts—disproportionately women, younger workers, visible minorities and those with lower-incomes. Meanwhile, a smaller minority—often already wealthy—have seen their wealth and profits expand further. Absent substantial and continued support, vulnerable groups will likely exit the crisis worse off than when it began, and our country will be more unequal.
By Schneider Electric’s Secure Power Division - Canada
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