‘Do no harm’: A recipe for government to help industries out of COVID storm

Real and permanent economic recovery can only be achieved if the government creates the incentives to let businesses lead the recovery, and supports that recovery by lessening the regulatory burden.

Deputy PM and Finance Minister Chrystia Freeland is pictured with Bank of Canada Governor Tiff Macklem ahead of an announcement on the bank's inflation mandate in Ottawa on Dec. 13. The food sector had very much hoped the government would consider introducing a temporary refundable tax credit in Budget 2021 to address the extraordinary expenditures incurred to operate responsibly in a COVID-19 environment. Alas, it was not to be, writes Jacques J.M. Shore. The Hill Times photograph by Andrew Meade

Opinion

BY JACQUES J.M. SHORE

December 15, 2021

“Do no harm,” a recognized universal principle in the field of medicine, means that it is better to avoid exposing people to additional risks through action. Viewed from the lens of public policy development, "do no harm" would mean taking a step back from any direct intervention and look to the...

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