Monday, August 30, 2010

On missed opportunities

I'll have more to say later about the broad themes of Jack Layton's speech on economic vision, setting out both an expended view of "infrastructure" and a firm statement that public and social infrastructure should be able to meet public interests. But for now, let's stick to a reminder about the opportunity that the Cons have so eagerly blown in favour of pork-barrel political giveaways:
For me, the deepest lack in Ottawa’s stimulus program has been its failure to invest in tomorrow’s economy. This was our best chance yet to start positioning Canada as a renewable energy and conservation leader. Instead, we’ve lost more ground to our competitors and trading partners.

Less than 9 per cent of Canada’s stimulus was green stimulus. Obama’s US did nearly twice as well. Countries like France, Norway, Australia did three and four times as well.

Ottawa’s stimulus framework left tremendous innovation potential untapped — at the municipal level, among entrepreneurs. With leadership, with vision, we can do so much more to build the foundations for the new economy.

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