Time for the campaign to get serious on economic policy

If there’s one notion about Stephen Harper’s economic policy that’s taken firm hold as conventional wisdom, it’s that he’s been monomaniacal about oil. His rivals play off it on the campaign trail, with the NDP’s Thomas Mulcair bemoaning billions in subsidies to the fossil fuel sector and Liberal Leader Justin Trudeau saying Harper “bet everything on the price of oil.”

That’s looked like an awfully bad bet since the oil-price plunge of 2014, although the winnings sure were rolling in for a few years there. Harper undeniably came into office in 2006 talking up Canada’s future as an “energy superpower.” But has his economic strategy amounted to wagering all the federal policy chips on the black of Alberta crude, while neglecting, as his critics particularly charge, the Ontario manufacturing sector?

Read full article on macleans.ca

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