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Briefing

NDP promising to favour domestic firms, develop industrial strategy, make Big Tech pay

The party’s campaign platform includes a new investment-attraction agency to replace the Liberal-established Invest in Canada; prioritizing domestically manufactured models in zero-emission vehicle incentives; writing a plan for “an advanced low carbon manufacturing economy”; and training and reskilling programs. Prime Minister Justin Trudeau will on Sunday  call a federal election for Sept. 20, sources told Reuters. (The Logic, Reuters)

Briefing

NDP promising to favour domestic firms, develop industrial strategy, make Big Tech pay

By Murad Hemmadi
Aug 12, 2021
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The party’s campaign platform includes a new investment-attraction agency to replace the Liberal-established Invest in Canada; prioritizing domestically manufactured models in zero-emission vehicle incentives; writing a plan for “an advanced low carbon manufacturing economy”; and training and reskilling programs. Prime Minister Justin Trudeau will on Sunday  call a federal election for Sept. 20, sources told Reuters. (The Logic, Reuters)

Talking point: Thursday’s announcement goes further on innovation policy than the NDP’s 2019 offering, but it’s light on details and financial figures. While the NDP is promising high-speed broadband for residents “no matter where in the country they are” via a new Crown corporation, it hasn’t set a target date to match or better the Liberal government’s 2030 goal or the Conservatives’ 2025 promise. The NDP also says it’ll “ensure that internet giants like Facebook, Google and Amazon pay their fair share of taxes,” without details on what form that will take. While the party faults the Liberals for failing to do so, a digital services tax is scheduled to take effect in January 2022. And the NDP pledged to “launch a Canadian startup culture” focused on commercialization and highly skilled workers. It’s not clear what that entails. Leader Jagmeet Singh had a second big announcement Thursday.

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