The Trudeau government has finally released its plan to backstop big businesses hit by the COVID crisis.
It should have been a moment of consensus, a rare instant of accord when all Canadians agreed that the federal government’s ability to borrow money cheaply should be used to provide bridge financing to the country’s major employers.
But the Liberals couldn’t resist the opportunity to grandstand on environmental policy. By inserting a requirement for qualifying companies to prove their sustainability, they have used an emergency as cover to pander to their political base. The implication is that businesses deemed insufficiently green won’t get government funds.
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