View source for COVID 2020: How this Initiative began

Thanks to record government spending in an effort to stimulate the Canadian economy, specifically, the Ontario economy, the outlook for the future seems bright.  Guided by a newly appointed taskforce of 4 bright young Teacher Candidates from the Bachelor of Education program at York University.  The reasoning behind this appointment is to have a fresh outlook on the current Pandemic spending situation.  Drawn randomly from a pool of several hundred volunteers these 4 students have endeavored to assist by guiding the current provincial finance department. 

As a result of this collaboration with the ‘York University Four’, Ontario has announced it will spend $35 million to help schools in covid-19 hot spots.  Premier Doug Ford says the funding will be directed to school boards in Toronto, Ottawa, Peel Region and York Region.  Some hi-lights of the spending is to help create more physical distancing in the classroom, help boards hire more teachers and custodians and buy laptops for learning.  The most exciting component of the upcoming stimulus packages is  to invest $60 million in the Black Youth Action Plan — something Andria Barrett, president of Canadian Black Chamber of Commerce, calls "so important" to the province.  She said "We believe in economic empowerment through entrepreneurship for the Black community,"
Other proposals are to include $45 billion in COVID-19 related spending and the Progressive Conservative government says it has earmarked $7.5 billion in new health-care sector spending over the next three years. It will also spend $2.5 billion more on hospitals this year than last, including $572 million aimed specifically at offsetting COVID-19 expenses.

Another proposal includes subsidizing some commercial and industrial hydro bills to the tune of $1.3-billion starting next year by absorbing costs passed on to users from renewable energy deals signed by the previous Liberal government. The ministry of finance estimates it would save an average industrial user 14 per cent and commercial user about 16 per cent on their hydro bills.

Meanwhile, the government says about 94 per cent of businesses in Ontario will see a reduction in their property taxes, by standardizing the Business Education Tax.  equalizing rates immediately would unlock capital for the creation of 18,000 jobs in the education sector of Toronto and major Ontario municipalities.

The costs of these programs are expected to decline annually until 2040, when they will all expire.