Government capex is already high by historical standards. Can anyone within the Conservative Party explain why it should be higher to invest in market distorting subsidies for Alberta?
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Former NDP Ontario premium Bob Rae once said something to the effect of "If you don't take care of the poor, one day they will come and take it away from you."
At a minimum, equality of opportunity matters. But it doesn't address the productivity problem.
Fortunately, Canada's federal GDP/GDP (blue line) is tame compared to the US (red dotted line). So it's not a total catastrophe, trade war or no trade war.
Most of the debt is at the provincial and household level, but that's another story and beyond Ottawa's control.
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At a minimum, equality of opportunity matters. But it doesn't address the productivity problem.
Most of the debt is at the provincial and household level, but that's another story and beyond Ottawa's control.
/End