At one point, Canada welcomed private investment, encouraged companies to build things, and understood that governments should create the conditions for prosperity rather than own the businesses that produce it. Currently, Ottawa is celebrating a government-controlled, government-financed oil pipeline while threatening legal action that could force Stelco’s American owner to sell its Canadian assets.
MACLEOD: Cuba, Venezuela, Zimbabwe — Canada following in the footsteps of failure
The hidden economic lessons from Cuba and Venezuela that Ottawa is choosing to ignore.
