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Throne speech laid down markers for a clean and caring economy

Although the speech was short on details, fiscal tools at Ottawa’s disposal to make that economy a reality

A key goal laid out in the federal government’s recent speech from the throne was to “build back better to create a stronger, more resilient Canada.” In our view, “building back better” must include placing growing clean industries (such as electric vehicle manufacturing and zero-carbon power generation) at the centre of Canada’s industrial policy. At the same time, our social contract must be rejuvenated to take care of our young and old with affordable and accessible childcare and long-term care. The sketch provided by the throne speech suggests the government is on the right track – but it did not explain how we will be able to afford the significant investments needed to make the vision into a reality. Those details will be revealed in an upcoming budget or economic statement, but there are a number of fiscal tools at Ottawa’s disposal to make a clean and caring economy a reality.

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Dear Business Roundtable CEOs: Some tips on avoiding purpose-washing

A roundup of helpful advice for the 200 CEOs that recently swore off their shareholder-first mantra

A lot has been written about how nearly 200 chief executives, including the leaders of Apple, Ford, Walmart and Pepsi, issued an eyebrow-raising statement on the purpose of corporations recently.  In a move that’s been both widely hailed and derided, the Business Roundtable, America’s most influential lobby group of corporate leaders, denounced its longstanding position that corporations exist principally to serve their shareholders.

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