Commentary Editor’s note: This is the first in a series examining the economic platform of each party ahead of the 2021 federal election. The New Democratic Party’s economic platform for next month’s federal election reveals profound contempt for economic rationale. The platform identifies some genuine problems, such as the lack of housing affordability and lockdown damage to families and small businesses. However, by ignoring root causes and obfuscating scarcity—the most elemental principle of economics—those writing the NDP’s 10 economic planks have liberated themselves from the consequences of their promises. This willful ignorance comes at the worst time for a nation in economic disarray. Canada is suffering from faltering investment, unhinged inflation, weak labour force participation, elevated unemployment, and suffocated economic activity. With deficit spending reaching 15 percent of GDP in 2020, the federal government has already thrown the Keynesian kitchen sink at the flagging economy. All that has done is …
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta