Directing the COVID Recovery: Assessing the Impacts of Potential Stimulus Policies in British Columbia

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Directing the COVID Recovery: Assessing the Impacts of Potential Stimulus Policies in British Columbia

Canadian Economic Analysis Skills and Workforce Development

Author: Zafer Sonmez

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As Canada recovers from the COVID-induced recession, we wanted to know what impact investing in post-secondary education (PSE) would have on B.C.’s economy, and how it would compare with other, more traditional avenues of stimulus spending.

We found that investing in PSE would produce significant gains in GDP, incomes, and government revenues. As well, such investment would have strong, positive impacts on job creation and incomes for women, recent immigrants, Indigenous people, and other racialized Canadians

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This summary looks at the impacts that investing in post-secondary education would have on B.C.’s economy, and how equitably those benefits would be shared among the population.

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