There’s a risk Trudeau’s plan falls flat with voters, particularly if budget constraints harden as is widely expected. Find out more.
Not only will Canada struggle to drive down its greenhouse gas emissions to anywhere near its promised targets, but U.S. President Joe Biden’s plan to shower companies with subsidies to accelerate his country’s transition efforts will make our job more difficult.
Politically, the Liberals know they will need to convince average Canadians that all this money being allocated to businesses is consistent with their underlying governing philosophy to “choose people every time,” as Trudeau said in concluding his speech.Article content There are also questions about whether the measures are sufficient to do the job. Trudeau spent much time championing not just the new tax credits but the government’s project-by-project direct involvement in recent investments by large multinational firms such as Volkswagen AG and Nokia Corp.Article content
Trudeau characterized his climate measures as an attempt to “crowd in” capital — an apt way of thinking about the problem given how much direct investment our businesses do abroad. Canadian business had been investing more in the U.S. than the other way around since before Trudeau came to power. It’s not a bad thing – being a creditor to the world with globally expanding businesses is a sign of wealth.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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Theo Argitis: Trudeau's big swing on economic narrative sparks both hope and concernThere’s a risk Trudeau’s plan falls flat with voters, particularly if budget constraints harden as is widely expected. Find out more.
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GOLDSTEIN: Chattering class can’t handle truth about Trudeau’s carbon taxBy 2030, 80% of households in five of the seven provinces, will pay more in carbon taxes that they get back in rebates.
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EDITORIAL: Trudeau rags the puck on foreign interferenceAccording to the polls, about 70% of Canadians, to hold an independent public inquiry into alleged foreign interference by China in the last two federal elections.
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EDITORIAL: Trudeau rags the puck on foreign interferenceAccording to the polls, about 70% of Canadians, to hold an independent public inquiry into alleged foreign interference by China in the last two federal elections.
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Liberals pledge revamp of forced-labour bill, possible enforcement rules surprise MPThe Trudeau government is revamping its approach to modern-day slavery, promising new legislation that caught off guard the Liberal MP who has been steering a bill on forced labour through Parliament.
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Canada’s relationship with the U.S. is in decline, and no one wants to talk about itMore than 50 years after Pierre Trudeau famously compared Canada-U.S. relations to “sleeping with an elephant,” it seems the beast is still lurking, Susan Delacourt writes.
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