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.
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.
A green industrial policy is so urgent because without it, the carbon price is unlikely to receive enough political support to ever reach its 2030 level or to induce the transformative changes required for a net-zero emissions economy. Here are five reasons why.
Canadians—and people of all nations—must ask themselves at what point does the concentration of economic power threaten, not just a couple thousand jobs in Oshawa, but the very basis of our sovereignty and democracy?