With the Liberals kicking off their winter caucus retreat in London, Ontario, there were some defensive press releases sent out by the local Conservative MP, and later by Joe Oliver regarding comments that Trudeau said about the economic situation in the region – a region that has seen a “lost decade” compared to the rest of the province. Trudeau did make remarks about the economy in the evening, and while he still won’t lay out policy planks, he can now claim that it’s been a prudent move because he hasn’t committed to any grand spending plans in a time of falling oil prices. That said, he has made infrastructure spending one of his priorities, something that Ontario Premier Kathleen Wynne made an explicit call for while in Ottawa yesterday, to the tune of five percent of GDP. It’s ambitious, and this government isn’t exactly going to be receptive – look at how they continually pat themselves on the back for back-loading their infrastructure spending plans as is – but Wynne was making some interesting points that this didn’t have to be all money in the next fiscal year, but other options about leveraging surpluses when approaching the markets for capital loans. Add to that, but economists like Mike Moffatt have been talking about the need for better infrastructure in southwestern Ontario in order to help them regain their productivity – after all, it’s hard to get your manufacturing business off the ground if you can’t get high-speed Internet in the area. It will be interesting to see how this will all play out in the upcoming election.
Do we get to look forward to missives like these every time Justin Trudeau enters a Conservative riding? #cdnpoli pic.twitter.com/I78AqYfqTO
— Dale Smith (@journo_dale) January 20, 2015
So the solution is what? Keep pumping more subsidies into the sector? #cdnpoli pic.twitter.com/KqdtgkvQWS
— Dale Smith (@journo_dale) January 20, 2015