How Denmark bought forward of the COVID-19 financial disaster

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How Denmark got ahead of the COVID-19 economic crisis

The Danish ambassador in Canada explains the country’s ambitious actions to guard workers from the shutdown

Prime Minister Justin Trudeau possible acquired a ton a lot more about Denmark during his self-isolation at Rideau Cottage as his governing administration attempts to locate the correct stimulus bundle to keep Canada’s financial state from collapsing amid the COVID-19 disaster.

Business teams continue on to cite the Scandinavian country’s final decision to include 75 for each cent of  employee salaries as the correct evaluate to assistance avoid mass layoffs. Canada has proposed a comparatively paltry 10-for each-cent subsidy, but Trudeau reported on Wednesday that his authorities is “looking really cautiously at the products set forward in other areas of the planet like Denmark and Germany and other people and wanting at how we can make.. equal things work in this article in Canada.” He promised to have “more to say on that in the coming days.”

Maclean’s reached out to Hanne Fugl Eskjær, the Danish ambassador in Canada, to study extra about the distribute of the coronavirus in her home state and the steps taken to date. (The e mail job interview has been edited and condensed).

Study: Trudeau’s each day coronavirus update: We’re functioning to ‘protect people and the economy’ (Whole Transcript)

Q: When did Denmark initial see indications of COVID-19 and how did the region respond?

A: Denmark’s 1st situation of COVID-19 happened on Feb. 27. A Danish journalist that returned from overseas. As of March 26, there were being 1,851 confirmed instances of COVID-19 in Denmark and 41 deaths.

The Danish Government took a amount of actions to lower the distribute of the virus. All academic establishments, working day cares, general public institutions had been closed (apart from police and health care amenities) and Primary Minister Mette Frederiksen strongly inspired all Danes to get the job done from household if attainable.

The govt shut Denmark’s borders on March 14 to everybody other than for Danish citizens and people with a worthy intent. All Danes abroad were strongly inspired to return to Denmark as quickly as doable. Given that then, all gatherings of more than 10 persons have been prohibited and all dining places, cafes, bars, malls and sports amenities have been shut. The steps are at this time in influence right up until April 13.

Q: What’s been the reaction from people in Denmark? 

A: Usually, Danes have a high degree of have faith in in their public authorities. The measures taken by the government appreciate huge aid of the get-togethers across the political spectrum of the Danish parliament. The Key Minister has been extremely crystal clear about the simple fact that the govt is striving to deal with a condition that is continuously evolving.

Read through: Coronavirus in Canada: These charts clearly show how our combat to ‘flatten the curve’ is likely

Q: What steps has the authorities taken for staff?

A: As for workers at private firms, the Danish govt has agreed to cover 75 per cent (up to 23,000 Danish Krones (DKK) — or about  $4,760 Canadian — for every thirty day period of the cost of employees’ salaries as long as those businesses never allow folks go. This applies to providers that, because of to COVID-19, are going through a drop in orders and as a consequence would be compelled to lay of 30 per cent of their workforce or at least 50 staff. Staff members in the community sector are functioning from property with no consequences for their salary.

Q: What actions has the federal government taken for employers?

A: All events in the Danish parliament have supported a package of actions to guidance businesses/providers. Some of these include:

  • Short-term compensation to self-employed folks and freelancers who experience huge declines in their turnover due to COVID-19. A man or woman can get 75 per cent of their anticipated revenue loss lined, to a optimum of DKK 23,000 (C$4,760) for every month. They need to have to doc an envisioned reduction of profits of at the very least 30 for every cent as a consequence of COVID-19 in the course of the interval of March 9 to June 9, 2020.
  • Payment for some corporate associated bills (these kinds of as rent, curiosity price costs, leasing expenditures).
  • Elevated access to export credit rating with loans with a certain concentration on modest and medium-sized Danish export businesses [and] increased govt-certain loans for massive, medium and compact-sized organizations.

There is also a momentary postponement of payment of taxes and entitlement to illness gains for companies and self-employed as a final result of COVID-19.

Read through: Amid mass layoffs from COVID-19, 3 in 10 Canadians fear they just can’t pay their rent or home loan on time

Q: What is your belief on what is taking place in sections of the world, this kind of as the U.S. and Canada?

A: I have adopted the developments below in Canada intently and see similarities in the way the COVID-19 crisis is becoming managed in our two countries. Very clear and each day communication from the govt assistance for the taken actions from other political get-togethers and essential stakeholders a offer of steps aiming at reducing the unfold of the virus whilst at the very same time reducing the detrimental impacts on the economic system and the inhabitants. Last of all, I also acknowledge and admire Canada’s emphasis on resolving this crisis and receiving its individuals safely house in partnership with its global partners, Denmark getting a single of them.

Q: Exactly where are you operating from these days and how are you shelling out your days through the crisis (other than fielding interviews from journalists)?

A: At the embassy, we are performing as couple folks as achievable at the instant to reduce the hazard of having unwell. And we rotate in and out to stay away from get hold of. It is important for me to keep my colleagues protected.

Our primary aim is to support our Danish vacationers — equally right here in Canada and in other nations around the world — finding securely again house to Denmark, which include providing them with the most up-to-date information and facts around  travel limits and options.

We also perform carefully with our consuls in numerous Canadian provinces and we coordinate carefully with colleagues from the EU member states and the Nordic nations around the world. Even however all conferences have to be digital, we know that we can only get via this crisis if we support every other.

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