Defining the National Interest
The Building Canada Act aims to fast-track projects, but it fails to define the term "national interest" that drives decision-making.
Recently, Prime Minister Mark Carney delivered a pre-budget address, stating that his government has the fiscal capacity to stimulate "unprecedented" private investment over the next five years.
Now is not the time to be cautious, because fortune favours the bold.
Carney announced the first five PONIs (projects of national interest) and promised to reveal more by Grey Cup weekend in mid-November, as part of a plan to foster the growth of a new Canadian economy in response to the U.S.
Author's summary: Defining national interest is crucial for Canada's economic growth.
- Building Canada Act lacks definition of "national interest"
- Prime Minister Mark Carney aims to stimulate private investment
- PONIs announced to foster new Canadian economy
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