As China announced a monumental infrastructure effort that will require enormous amounts of capital over the weekend at its symposium (various opinions are out there on this program) Canada's Federal Liberals have decided that development, progress, infrastructure maintenance nevermind NEW infrastructure will be forever mired in studies and regulation based on their own interpretations of "what Canadians want".
The Liberals' election platform (remember that $10B deficit....for infrastructure?) may turn out to just be the deficit without infrastructure considering the extra approval body created and "where's the peanut game" of transferring control and veto powers to these various bodies (bona fide or not).
Their own infrastructure plans that they have sold to Canadians may never ever be built due to the Liberals view of "science based" conclusions and constant changing of the rules to have the outcome they want. That new subway line, critical bridge, new hospital location, additional university building or housing will have to answer to the bugs, bunnies and mice that may need to be transplanted or the carbon created put on hold....for the next election, or worse, new approval body to be formed to stet the whole review process all over again. The NDP may actually win an election by the time anything will be approved under the Liberals' new rules!
http://www.financialpost.com/m/wp/news/blog.html?b=business.financialpost.com/fp-comment/terence-corcoran-1-fake-bank-2-project-smothering-energy-panels-the-liberals-3-pillars-of-stagnation&pubdate=2017-05-17
No comments:
Post a Comment