Supply chains involve countless firms across the globe that contribute to the production and sale of goods.
infrastructure spending
Government officials face very different incentives than people in the private sector.
The prime minister is making the rounds, pledging money for various public transportation projects.
Nearly 60 per cent of the Liberal infrastructure spending was on “green” and “social” projects.
For the 45 research projects approved, almost $100 million had been committed but not necessarily spent.
After the COVID crisis has passed, Ottawa should find ways to encourage private-sector investment and hiring.
Ottawa will spend up to $27 billion supporting individual Canadians and businesses.
The PBO projects a cumulative federal deficit of $85.6 billion over the next five years.
Conditional grants give the federal government greater sway over projects across Canada.