"... The new data underscore claims that the Liberal government overshot in its efforts to cushion workers against widespread lockdowns, particularly as disposable income among the lowest-income earners increased 36 per cent.
These changes were driven by unprecedented increases in transfers to households, as the value of government COVID-19 support measures exceeded losses in wages and salaries and self-employment income.
The report prompted questions over whether Prime Minister Justin Trudeau had been overly generous with CERB and other programs, and should have instead tapered those benefits after businesses began reopening their doors. The Liberals have sought to frame their comparably generous programs as a positive for the economy, saying in their recent fiscal update that record-high savings due to lockdowns and transfer payments would act as “pre-loaded stimulus” once restrictions are lifted..."
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