The Liberals must strike a balance as coronavirus continues to rage, say strategists, among the Canadian populace as well as politicians.

The ability to be outdoors has provided safer alternatives to exercise, recreation, commuting and dining, among other things. In the winter, those options will dwindle.

A second wave of COVID-19 and another round of sweeping lockdowns could have a "very serious" impact on the Canadian economy and must be avoided, Bank of Canada Deputy Governor Lawrence Schembri said on Thursday.