While all federal budgets are important, this one is especially so
The Liberals should be laser focused on preventing further economic decline, and reversing that which has already occurred with policies that prioritize productive investments, address labour issues and support homegrown innovation in STEM industries.
House prices that are entirely out of whack with wages also dampen Canada’s ability to attract the world’s top talent, particularly in the STEM fields. Who wants to move here, make six figures, and still only be able to rent a one-bedroom condo in major urban centres? Not the best and brightest.Article content
At the same time, the feds must move to end costly pandemic support programs that only serve to prop up zombie businesses or, worse, subsidize large and highly profitable corporations. While the Liberals promised tens of billions in stimulus on the campaign trail, the economic landscape has changed. Employment is about as high as it gets, many companies are raking in record profits and inflation is spinning out of control.
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