Seniors deserve help with expenses in the pandemic, but investment losses are another matter

The federal government is doing right by seniors in paying them as much as $500 to help with expenses incurred as a result of physical distancing.

The bulk of government financial help in the pandemic has been designed to replace the income of laid off workers and help their employers survive the economic shutdown. Seniors don’t fit this model, but they are incurring extra costs as a result of physical distancing.

There has also been a “we’re all in this together” theme to the government response to the pandemic. Helping everyone but seniors would be callous.But there’s an important distinction to […]

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