Corporate bailouts or a long-term post-COVID strategy?
Canada needs to look beyond the immediate crisis to identify the key building blocks of a new economy on a sector by sector basis.
Canada needs to look beyond the immediate crisis to identify the key building blocks of a new economy on a sector by sector basis.
Canada’s corporate bailouts need to cut out tax dodgers and profiteers, and show long-term commitments are attached to the money.
In this new age of corporate concentration, we certainly need a much broader response than competition policy alone.
History is replete with examples of botched public-private projects which left governments on the hook for high costs and for losses, and public agencies do have the capacity to make good decisions.