Canadian business is understandably concerned about Buy America conditions on Biden’s US$2.3-trillion COVID recovery plan. But lobbying U.S. governments for waivers for Canadian suppliers can only get us so far. In addition, the Trudeau government should increase the pool of transit, water and green energy projects these firms can bid on—by attaching sustainable and social purchasing criteria to badly needed public infrastructure upgrades here in Canada.
Chump change won’t cut it here. The federal government should be spending upwards of $40 billion per year to accelerate our transition to a net zero carbon economy.
Both Prime Minister Trudeau and Finance Minister Chrystia Freeland reiterated their commitment to lay the groundwork for a Canada-wide system of child care at the Liberal Policy Convention this past weekend.
Can we dare to hope?
Will the budget put muscle behind the oft-repeated Liberal "real change” mantra?
Ensuring a just transition towards a green recovery and a net-zero economy will require more ambitious federal action than is currently on the table.
In the context of COVID-19, state restrictions requiring businesses to close, price controls over health equipment, and emergency support programs could all give rise to costly investor–state dispute settlement suits.
Who could have predicted that a pandemic would be so unpredictable?
As we remain in a state of emergency going on a year, here are our questions for the new premier of Nova Scotia.
A year ago, COVID-19 crashed the world economy. How and where the federal government invests now will determine if we "Build Back Better" or allow rampant inequality to persist.
It is imperative that we face the threat that white supremacists pose to what are already weak-functioning Western democracies.
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