Article 22KJ4 Justin Trudeau’s giant corporate giveaway | Martin Lukacs

Justin Trudeau’s giant corporate giveaway | Martin Lukacs

by
Martin Lukacs
from on (#22KJ4)

A privatization spree in Canada could cost regular people billions, erode democracy and undermine the fight against climate change

While prime minister Justin Trudeau flogged our public assets last week, he had a soothing message: rest assured, we'll be well-served by the private sector. Bankers and billionaires lined up to sound a note of confidence. "I think it's unprecedented," exclaimed Canada's top business lobbyist John Manley. "A once-in-a-generation opportunity," enthused Trudeau's economic advisory council.

These corporate figures are rubbing their hands because Trudeau is about to put one of our great crises in their hands: the need for historic investment in the country's infrastructure, for so long the domain of the state.

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