Harper never had much of a Plan B for Canadian economy: David Crane
Its priority from the start has been to make Canada an ‘energy superpower,’ relying on aggressive development of the Alberta oil sands and pipelines to carry rising volumes of oil to U.S. and Asian markets, with the assumption this would generate strong growth, jobs and rising tax revenues.
Prime Minister Stephen Harper, pictured in this file photo in Ottawa. Canada should issue a sizeable volume of 10-year bonds, say $10-billion, and put the capital into a Canada Future Fund to be used to help finance infrastructure projects across Canada. The cost of the money would be cheap and the economic benefits, in both the short and medium term, would be significant, writes David Crane. The Hill Times photograph by Jake Wright