Nash on innovation


Late last week, Peggy Nash detailed her innovation policy, including a new Canada Innovation Fund, targeted tax credits and expanded ” pre-commercial and commercial fiscal support” through a new Canada Development Bank. She recently talked to the Georgia Straight about the economy.

She characterized Harper’s economic policy as simply getting government out of the way so that corporations are free to do whatever they want—in the flawed hope that some benefits will trickle down to the rest of the country. “Well, we’ve got the highest level of inequality in Canada since the 1920s,” Nash noted. “But a big chunk of the wealth that’s being created—about a third of new wealth created before the downturn in 2008—went to the top one percent. That’s not good fiscal policy.”

Nash, a former negotiator with the Canadian Auto Workers union, said that she favours government working with business, labour, and communities “so we’re all pulling in the same direction to create good-quality jobs”. “Specifically, we shouldn’t just be shipping raw logs or raw materials or raw bitumen out of the country,” she declared. “What we should be doing is providing good stewardship of our raw materials and processing as many of those raw materials here in Canada as we can. That’s where the good jobs are; it’s where the innovation and technology are.”

Ms. Nash’s full economic policy paper is here.


Nash on innovation

  1. She has a point.

    If you want the jobs here, you have to have the work here.

  2. While i agree with Ms Nash’s point about needing to do more on the value added side here in Canada and wish the libs would lean more that way, i have wonder about that 20’s level inequality. Really?Perhaps she has a point as regards the bottom 10-20% or s of us?  

    I would have thought a far more worrying problem was the rising level of indebtedness of the ordinary citizen; what is it, 150% and still going up?Real relative purchasing power of some segments of the mddle class has been standing still or even going backwards for some time now.

     I agree with her central argument though. How is getting out of the way of the corporate world going to bring the most benefits to all of us ,and do our bit on CC? We can’t all go work in AB/SK, work in a mine or learn to drive a 400 ton behemouth, can we? Some of have to live Cape Breton if only to weigh down the other side of the country a bit.

  3. So she’s taking her economic policy from the Occupy Movement. I’m sure it’ll be taken very seriously… by her friends at CAW.

    • Certainly, just like you’re taken seriously by your friends in the Tea Party.

      • She worked for CAW, and they fund her campaigns. She’s in their pocket. You’re just making stuff up. No reasonable person without a vested interest would take her Communist Claptrap Economic policy seriously. Tea Party or not.

        • Well then, who can take Steve Harper seriously with his vested interests and all? Oil company affiliations, president of the NCC, past member of the Young Liberals, etc. Who is he beholden to? 

          Keep up the good wor trolling. I’m sure the PMO war room is proud of you.

          • You’re going to call *me* a troll? I’m pretty sure it’s you who’s running around denying the facts and making up some of your own.

            Oh, and at least I comment under my real name, not some gibberish none-sense.

            You should really look up the definition of “troll”, troll.

          • Gladly Rick, here it is: “In Internet slang, a troll is someone who posts inflammatory,[2] extraneous, or off-topic
            messages in an online community, such as an online discussion forum,
            chat room, or blog, with the primary intent of provoking readers into an
            emotional response[3] or of otherwise disrupting normal on-topic discussion.[4]”I’m pretty sure that making unfounded insinuations about people pretty in order to evoke an emotion response pretty suits your first post to a T.I don’t comment under my real name because it’s all over the Internet and I don’t need cranks and angry people contacting me.  And, I’m not denying a fact. Sure Peggy worked for the CAW so what? Do you have an ounce of proof that she’s working for the interests of the CAW? I don’t, she’s my MP (and no, I didn’t vote for her) but she has never once sent out any information or indicated that she’s on the take with the CAW. In fact, she’s very accessible and open. BTW, do you have a list of the organizations who funded Steve Harper’s leadership bid? I’m pretty sure that it would be quite enlightening.I will now press my ignore button.