Why is the federal government obsessed with capital spending?
Reclassifying profit subsidies as capital spending might be fun, but it is not serious policy and it will not result in the investment Canadians need.
Reclassifying profit subsidies as capital spending might be fun, but it is not serious policy and it will not result in the investment Canadians need.
Canada has some decisions to make when it comes to our federal spending. Are we making the right ones, or are we following the same failed policies that got us into the current mess with the USA? It is the same, of course.
The best thing a government can do in the height of a recession that is being compounded by a pandemic is invest in the education of its population. Higher education -- when done well -- creates a citizenry who are able to respond to crises and develop the solutions to address the needs of themselves and their communities. Unfortunately, in Ontario we have abandoned support for higher education. Instead, the government is determined to drive an ideological agenda to distort the labour market, make workers pay for job losses, reduce access to higher education, and undermine the advanced education and research system that supports Ontario's economy.