Through the pandemic, mounting disasters induced by the climate crisis, and the as epicenter of Canada’s housing affordability crisis, BC held on to a progressive government among the provinces to lead through these crises.
La politique industrielle devrait être conçue de manière à favoriser l’atteinte des objectifs sociétaux pertinents du Canada et non de manière défensive face aux événements qui se déroulent aux États-Unis.
Steering markets towards achieving societally relevant goals is the reason to have an industrial policy in the first place. While policymakers must monitor international changes and adapt accordingly, an effective green industrial policy must be more than a short-term response to American policy actions.
While droughts and high temperatures grab headlines, truly implementing FPIC should not be seen as a roadblock to climate action, but instead be seen as an integral part to build trust and smooth relations to reduce transaction costs for a Just Transition.
Supply-side and demand-side measures to incentivize this shift are touted at the top of Budget 2022’s climate action measures. Relying on incentives for private sector and consumer investment in ZEVs, however, come with costs and implications that are not always considered.
The right-wing are claiming that environmental measures to deal with the climate crisis are a major cause of inflation. But we do not face an unpalatable choice between saving the planet and lower living standards. Progressives must come up with a serious alternative.