Commentary,  Macroeconomics,  Public Sector Work

A New ‘Marshall Plan’ to Rebuild After the Pandemic

April 16, 2020 /

Centre for Future Work Director Jim Stanford was recently interviewed on CBC News Network to discuss his proposal for a massive, government-led rebuilding plan to support the economy’s re-opening once the immediate health emergency of COVID-19 has passed.

He stressed that private sector businesses will not be able to lead a normal ‘cyclical’ recovery, given the unprecedented speed and severity of the current downturn. Government will need to play a leading role in sponsoring new investment, permanently expanding public services, and expanding direct public job creation to help repair the shattered labour market.

His conversation with CBC’s Natasha Fatah is posted here.

Jim Stanford is Economist and Director of the Centre for Future Work. He divides his time between Sydney, Australia and Vancouver, Canada. Jim is one of Canada’s best-known economic commentators. He served for over 20 years as Economist and Director of Policy with Unifor, Canada’s largest private-sector trade union.