Forget the second wave of lockdowns, prepare for the recessionary tsunami
Although this pandemic is novel, the laws of economics remain unchanged.
Finance Minister Bill Morneau, pictured on Parliament Hill on March 18, 2020. Prices are determined by supply and demand, and enterprising individuals will find a solution to anything profitable. Understanding these principles will be the key to a healthy prognosis for recovery. The only complication to worry about is more meddling by politicians, which has a simple cure: civic vigilance, writes Ash Navabi. The Hill Times photograph by Andrew Meade