Former finance minister Bill Morneau says he is concerned about Canada’s future, criticizing the federal government favouring short-term political goals in their economic policies that run counter to the betterment of the country.
In his first speech since leaving politics, Morneau, who was finance minister in the Liberal government from 2015 to 2020, said Canada could pay a high economic price if the government continues to implement tax-and-spend initiatives.
“So much time and energy was spent on finding ways to redistribute Canada’s wealth that there was little attention given to the importance of increasing our collective prosperity,” said Morneau at the C.D. Howe Institute’s annual directors’ dinner Wednesday evening….