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The federal government is betting that its massive new spending measures will stoke enough economic growth to outpace ballooning public debts, setting the stage for a race that will drag on for years following the COVID-19 pandemic.
Ottawa’s big bet comes as some experts warn that the Liberal government’s 2021 budget may have placed too little emphasis on spurring business investment particularly that of large corporations that could in turn limit Canada’s productive capacity in coming years.
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Opinion: What can the CERB teach Canada about establishing a universal basic income? Very little theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Basic-income model is already here By: Wayne Simpson Save to Read Later
My colleague Evelyn Forget has argued forcefully that the time is right for a basic income (”Canada can afford a basic income,” March 3) and draws a parallel with our universal health-care plan developed a half-century ago.
Opinion
My colleague Evelyn Forget has argued forcefully that the time is right for a basic income ( Canada can afford a basic income, March 3) and draws a parallel with our universal health-care plan developed a half-century ago.
Medicare is a popular but distinctly different social policy, however, and there is a more recent popular initiative that provides a better model to build on when the time is right: the National Child Benefit Initiative.
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Old energy, meet new energy.
Two new announcements illustrate how Canada’s existing energy system is intersecting with the new energy complex, erasing the line between them.
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Try refreshing your browser, or Chris Varcoe: New Alberta wind farm deal and gas cleantech fund take off, pointing to changing energy future Back to video
On Thursday, supermajor Shell inked a long-term deal to buy power from a new $200-million-plus wind farm to be built northeast of Drumheller by BluEarth Renewables of Calgary.
Separately, a group of natural gas producers, including Tourmaline Oil, ARC Resources and Birchcliff Energy, has joined forces with other energy companies to establish a new $35-million equity fund that will invest in fledgling cleantech businesses.
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Old energy, meet new energy.
Two new announcements illustrate how Canada’s existing energy system is intersecting with the new energy complex, erasing the line between them.
We apologize, but this video has failed to load.
Try refreshing your browser, or Varcoe: New Alberta wind farm deal and gas cleantech fund take off, pointing to changing energy future Back to video
On Thursday, supermajor Shell inked a long-term deal to buy power from a new $200-million-plus wind farm to be built northeast of Drumheller by BluEarth Renewables of Calgary.
Separately, a group of natural gas producers, including Tourmaline Oil, ARC Resources and Birchcliff Energy, has joined forces with other energy companies to establish a new $35-million equity fund that will invest in fledgling cleantech businesses.