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Senate leader calls for more ambitious action, including buying stakes in companies

Globe and Mail

Yuen Pau Woo, the head of the Independent Senators Group – the largest bloc in the Senate – also said Ottawa should also consider a “temporary guaranteed livable income for all adult Canadians.”

My own view is that taking a direct stake in industries and companies are distressed is probably the best approach because it enables the government to strike the balance between meeting the needs of shareholders, executives and, more importantly, workers.

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