Management is making decisions in the face of uncertainty. Why public and private managers are paid more. Some countries didn't know what to do about a new and deadly virus and dithered, others acted with hitherto draconian measures.
The consensus generally was to lockdown and now opening economies carefully, another conscious gamble with uncertainty involving serious consequences. Lockdown itself was to protect the integrity of healthcare infrastructures from disastrous breakdown.
We're learning on the job, James. Muddling through, serving humanity, people before profits, as we should. As for the cost, Canada is good for it. Commoners will pay most of it but have you seen cost of those shares lately? Loads of money floating around. Our latest billionaire worth more than RBC.
