TRUDEAU CAN'T TELL SCIENCE FICTION FROM ATTAINABLE REALITY

    Rather than focusing on the COVID-19 spread or opening the economy, the Canadian Prime Minister is using his pandemic recovery plan as a smokescreen for his environmentalist agenda. Contrary to feel-good platitudes, a quick transformation to a carbon-neutral economy guarantees neither an economic rebound nor an end to climate change.
  As Nobel Laureate James Buchanan said, “economics and economists must make the categorical distinction between science fiction and potentially attainable reality.” Unfortunately for Canadians, the proposed green energy plan—as outlined in his Throne Speech in late September—is the former. Its implementation, part of a $50 billion spending spree, is likely to cause profound and lasting damage.
    On October 18, Global News revealed the results of a June poll conducted by the federal government. Only 2.5 percent of respondents thought climate change was the foremost issue to address. In contrast, 41 percent pointed to COVID-19 and health as the top concerns; 15 percent said the economy should receive the greatest attention. 

   Rather than addressing constituent wishes, the prime minister has transformed his green agenda into a touted recovery plan. He has disregarded fiscal prudence and stated “this is not the time for austerity.” Ironically, the International Monetary Fund recently released its semiannual report. It reveals the Liberal Party government is running the largest budget deficit in the world, as a percentage of GDP, and in all Canadian history.