Many Ontarians have likely heard a horror story or two about their government’s growing debt and the resulting strain on public finances. You can’t blame them. Sources of evidence abound.
Canada’s largest cities are growing rapidly and what were once sparsely populated rural areas are quickly becoming city neighbourhoods.
When apologists for the provincial government's new borrowing binge defend it on the grounds that private sector companies borrow money for capital expenses so why not have the Alberta government do the same? their defence invariably contains a significant and faulty assumption: that political behaviour is the same as that of private companies.
The policy direction of the Liberal Party of Canada and its leader Justin Trudeau, as evidenced by the speeches, motions, and debate at the recent national party convention seem to indicate that the party is rejecting the successful pragmatism of the 1990s. Instead, the federal Liberals favour a more interventionist and activist government, much like that of the current Ontario Liberal government. If such policies are enacted, the results would be ruinous for Canada.
Its easy to take public infrastructure for granted, but events like the Skagit River Bridge collapse in Washington State are a sharp reminder of how important infrastructure is to our daily lives and the wider economy. After all, roads and bridges allow us to get to and from work and move commercial products over great distances.