This is an important discussion. To my mind we need public investment banks to build the capacity to plan by taking equity positions in. Innovative firms. They should be at arms length from the government.
Picking winners or industries to favour has been problematic no mater where you look, maybe Singapore can be considered an exception. Maybe.
If we want to incentivize innovation, investment and ingenuity across Confederation, why not go the Estonia way and exempt companies from corporate / income tax on R&D and investment? The loss of revenue would have to come from somewhere (shareholder income distributions? Slightly higher income tax for the 1%?).
Nation-building projects (internet coverage, transportation networks, pipelines, ports, etc) should be managed by a government-owned, arms-length Crown Corporation which will own the project and once built, lease the asset to private operators to recoup the money over say 30 or 40 years. Why not?
I'm curious about the rationale behind having five Silicon Valleys and where those locations are.
Horgan had a vision of a Silicon Valley through expanding the tech industry in Victoria which would also bring more jobs to the island. There's been some interesting innovations of apps and health care devices. Vancouver also has a couple large online platforms for different purposes (I'm not as familiar with their tech industry).
Good read and refreshing to see the finger pointed at the global transnational broligarchic corporate agenda(so I fleshed it out a litte. GTBCA. Meh.)
I do think that lefties think that talking about the evils of neoliberalism will get them lots of likes and invited to parties. But it is a mere effect not a cause.
At the helm and guiding the ship and virtually IS the ship is the GTBCA.
Regarding industrial policy, Carney intends to leverage big time private investment in the public sector. He's never made that a secret.
We just want him to maintain public control and ownership with strict buy in and buy out guardrails.
Right now, corporations come, take the money, stay for a short drink from the well, maybe set up shop then leave. With the money and jobs gone. No more looting Canada.
We own the means of production. We the people. We hire the government to work for us. We the people. The GTBCA will just have to wait in line.
The key for Canada is there are a number of business/investment models explored, tested and with some good data/lessons to examine and apply. Canadians can and have been innovative in a number of industries. However, it's important to keep them Canadian rather than selling them off to foreign interests. Cooperatives are also a tried/tested model. This model involves talented workers whose value is greater than just a hired-hand but instead an active decision-maker and contributor. I have been rather surprised at the number of shills for corporate welfare out in our business sector.
This is an important discussion. To my mind we need public investment banks to build the capacity to plan by taking equity positions in. Innovative firms. They should be at arms length from the government.
Picking winners or industries to favour has been problematic no mater where you look, maybe Singapore can be considered an exception. Maybe.
If we want to incentivize innovation, investment and ingenuity across Confederation, why not go the Estonia way and exempt companies from corporate / income tax on R&D and investment? The loss of revenue would have to come from somewhere (shareholder income distributions? Slightly higher income tax for the 1%?).
Nation-building projects (internet coverage, transportation networks, pipelines, ports, etc) should be managed by a government-owned, arms-length Crown Corporation which will own the project and once built, lease the asset to private operators to recoup the money over say 30 or 40 years. Why not?
I'm curious about the rationale behind having five Silicon Valleys and where those locations are.
Horgan had a vision of a Silicon Valley through expanding the tech industry in Victoria which would also bring more jobs to the island. There's been some interesting innovations of apps and health care devices. Vancouver also has a couple large online platforms for different purposes (I'm not as familiar with their tech industry).
Good read and refreshing to see the finger pointed at the global transnational broligarchic corporate agenda(so I fleshed it out a litte. GTBCA. Meh.)
I do think that lefties think that talking about the evils of neoliberalism will get them lots of likes and invited to parties. But it is a mere effect not a cause.
At the helm and guiding the ship and virtually IS the ship is the GTBCA.
Regarding industrial policy, Carney intends to leverage big time private investment in the public sector. He's never made that a secret.
We just want him to maintain public control and ownership with strict buy in and buy out guardrails.
Right now, corporations come, take the money, stay for a short drink from the well, maybe set up shop then leave. With the money and jobs gone. No more looting Canada.
We own the means of production. We the people. We hire the government to work for us. We the people. The GTBCA will just have to wait in line.
The key for Canada is there are a number of business/investment models explored, tested and with some good data/lessons to examine and apply. Canadians can and have been innovative in a number of industries. However, it's important to keep them Canadian rather than selling them off to foreign interests. Cooperatives are also a tried/tested model. This model involves talented workers whose value is greater than just a hired-hand but instead an active decision-maker and contributor. I have been rather surprised at the number of shills for corporate welfare out in our business sector.