Trudeau has played chicken with the oligopolies, but he always blinks first. His government is slow-walking preparations for an open-banking regime, which would level the playing field between the Big Six and financial technology upstarts. And last weekend, Navdeep Bains, the innovation minister,he had sided with BCE Inc., Rogers Communications Inc. and Telus Corp.
Redistribution appears to be the force that drives Trudeau, and he and his followers will justify it by arguing that a richer and healthier middle class will generate more demand, which entrepreneurs and executives will seek to satisfy. Innovation will follow, and Canada will become more competitive in the process.
A “Buy Canada” approach to procurement could be a launching pad for emerging companies in need of an anchor client. Rather than attempting to decide who deserves subsidies, the federal government could instead pick winners by giving them a fair shot to compete for government business. If Trudeau is serious about using the treasury to plug the holes exposed by the pandemic, there should be lots of work to go around.
But a more aggressive use of procurement shouldn’t be viewed as a make-work scheme. Last month, NuEnergy.ai, an Ottawa-based developer of software that monitors the behaviour of algorithms powered by artificial intelligence, won a contract to educate Transport Canada on how to deploy AI ethically. It’s an emerging field, and one where Canada has a lead thanks to a clutch of companies such as NuEnergy. But to keep that lead, those firms will need some business so they can scale.
He should stop favouring Quebec firms. He is supposed to be the PM of Canada, not Quebec.
Don't pretend that idiot cares about anyone but himself.
Trudeau is pro-china. He does not care for the 'little guys' in Canada. He's a traitor. LiberalCorruption trudeaucorruption trudeaumustgo TrudeauResignNOW TrudeauCrimeFamily wescam WEScandal whereisthemoneycatherine cdnpoli
I enjoy how this headline it makes our prime minister seem relevant
If he really wants to spur the economy he should resign.
He is too busy buying support from the NDP and CanadianGreens who have both repeatedly shown they can be bought at the expense of Canadians. Not one of them are real progressive parties They are frauds
He doesn’t care about the little guy yet the brain dead liberal voters think this POS is great. Can’t wait to see liberal business owners go bankrupt & liberal voting parents to explain to their kids why the PM they support is getting separated because JT likes playing with boys!
Now do Kenney
If Trudeau really wants to spur innovation and the economy, he should RESIGN effectively immediately.There.Fixed it for you guys...
Or deregulate and lower taxes to incentivize businesses and help people start new businesses
Have bbq's, mine asteroids, love people. Wealth
& give the people ,soon to homeless , ( me included ) UniversalBasicIncome ..$2000 / month .. Welfare in NS , ( If I get it ); will barely cover anything & Winter is soon to come !! JustinTrudeau kristaFreeland
And quit expanding govt. Govt is a user, not a builder.
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