The government plans to spend up to $100 billion for economic stimulus over the next three years.
Green technologies that were known money-losers pre-COVID remain money-losers today.
Trying to stimulate other sectors of the economy so their increased output will balance off the loss in energy will simply build in future problems of maladjustment in these industries.
With President Barack Obama set to deliver his State of the Union speech next week, Canadians should rightfully be worried about the implications of the Presidents policy agenda on the Canadian economy. After all, our economic fortunes are inextricably linked to those of the United States and unfortunately, the economic uncertainty being created by President Obamas policies and the increasing polarization of the U.S. political system is impeding genuine recovery in the U.S. and constraining our own prosperity.