Cost of Living·Audio

What makes a "good" bailout not just money poured down the drain?

The federal government is expected to announce bailouts for large industries such as airlines, tourism and oil and gas any time now. We take a look at what makes a good bailout, not just billions down the drain. 

The economics behind the billion-dollar lifelines governments offer big business

Canadian industries hoping to see a federal bailout package include oil and gas, airlines, hotels, restaurants, among others. (Kyle Bakx/CBC, Mike Hillman/CBC, Evan Mitsui/CBC)

The federal government is expected to announce bailouts for large industries such as airlines, tourism or oil and gas in the coming days. But is every bailout created equal?

We take a look at what makes a bailout a so-called "good" one, as opposed to potentially wasted money.

  • CBC Radio's business and economics show, Cost of Living, is in a new time slot on CBC Radio One due to the coronavirus pandemic. Catch it Fridays at 1:30 p.m. (2 p.m. NT), Saturdays at 6:30 p.m. or online anytime at CBC Listen.

Click "listen" at the top of the page to hear this segment, or download the Cost of Living podcast.