How about cutting regulations you idiots: Canada’s Federal government reaches out to private sector to restart the economy – May 28, 2020,
Lucky for Canada we’re bordered with the United States, who currently has Donald Trump as the president. The reality of the situation is that as long as Donald Trump is President of the United States, Justin Trudeau can come along for the economic ride. The stock market as it stands now, refuses to die under Donald Trump, sure it’s gone down to historic consequences, but the markets simply refuse to die under Donald Trump and one of the main reasons is because Donald Trump has cut a lot of unnecessary FEDERAL regulations.
Now, in the event a Democrat wins the 2020 election obviously America’s fortunes would change, which would obviously have an effect on Canada, but for now, Justin Trudeau is probably in the best position a Prime Minister could possibly be in economically.
Justin Trudeau’s cabinet has made a lot of bad bets, one of the more obvious bad bets is the mainstream media bailout, but another is obviously the Carbon tax. Now, in regards to big business or the business Private Sector Trudeau wants ideas from, these behemoth companies can pay for the regulations, the private sector that will have a hard time paying for these regulations need the government to get out of their way.
All the government does is raise the cost of living and make running a business more costly. Trudeau was doing this prior to COVID-19 and it’s likely that Trudeau will make life even harder for businesses after COVID-19, the good news is that America is our biggest trading partner and it’s likely that we as Canadians will be able to ride the American economic wave by default.
Now, obviously, with Trudeau’s rules and regulations that are preventing Western Canada from thriving, Canada isn’t going to have the booming economy we could have, but I don’t expect things will be that bad for big business, what I do expect is challenging times ahead for consumers and for smaller businesses as their increased costs won’t allow them to reach profitability as they should, this should be common sense!
Federal government reaches out to private sector for ‘big ideas’ to restart the economy | cbc.ca
Interesting times ahead!