ICYMI - Aaron Wudrick: $13B for Volkswagen shows Trudeau has no confidence in Canadian innovation
. It is these advantages — not trying to outbid the Americans for factories that could be built anywhere — that should form the basis for our economic future.
Perhaps it is a pipe dream to hope that long-term economic sanity will ever prevail when in conflict with highly desirable short-term political benefits. In that sense, the Volkswagen story is nothing new. But it remains depressing that the Trudeau government has now embarked on what may turn out to be the biggest economic boondoggle in Canadian history. Canadians — save perhaps for a few thousand in a small pocket of southwestern Ontario — will be left poorer as a result.
Aaron Wudrick is a lawyer and the director of the domestic policy program at the Macdonald-Laurier Institute.
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