.hscoffield: Chrystia Freeland has a plan to promote democracy — and it won’t be cheap via torontostar
Chrystia Freeland is already thinking about what comes next, after Russia eventually backs out of Ukraine — and it’s a lot different than the world we knew before the pandemic hammered us, Europe plunged into an energy crisis and the rest of the world started picking sides.
Now, she’s stitching together her disparate proposals, underpinning them with history and intellectual heft, and plotting ways to lift the words from the page and make them a reality. “Nearly eight months after the invasion of Ukraine, we find ourselves in a world where bloody history is back, and where muscular dictatorships show little sign of mellowing into liberal democracies — and yet also where, in conscious contrast with the age of the Iron Curtain, we have spent three decades building an interconnected global economy,”to a U.S. think tank on the fringes of the biannual G7, G20 and International Monetary Fund meetings in Washington this week.
But the club shouldn’t be closed. If new countries want to sign on to the values at play, they should be welcomed. That’s the theory. In practice, we’re only beginning to see what that looks like for Canada — and it’s going to be costly. “This is our vision,” Trudeau said, joking quite aptly that every time he appears with Innovation Minister François-Philippe Champagne, it ends up costing a lot.Expect to see a lot more of those subsidies over the coming year, and then some. Freeland is likely to roll out further measures in her fall economic statement and next budget.
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