Fund will be used to finance construction of major projects of national interest

  • DaddleDew@lemmy.world
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    5 hours ago

    The problem I see with that is that this fund won’t last long enough to matter. I don’t even give it a decade before a different administration quietly takes the money from that fund to spend it on whatever.

    • veni_vedi_veni@lemmy.world
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      4 hours ago

      This is the problem: any surplus or balancing of the budget is weaponized.

      The party being fiscally responsible is demonized: “why are you taxing us for benefits we don’t see now?”.

      Cue to the opposition being elected and pilfering the coffers for easy political points from the electorate, then they will remember the opposition’s term as the party of “good times”.

      I wish the electorate wasn’t this dumb, but in Ontario atleast, we re-elected in Doug Ford so…

      This needs to be managed by an independent government entity, like a central bank. They say that it is, so that’s cool.

    • acargitz@lemmy.ca
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      5 hours ago

      It depends how it’s put together. The CDPQ for example is pretty independent.

      The proof really is in the pudding for the Liberals here.

    • Avid Amoeba@lemmy.ca
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      4 hours ago

      Do you prefer it being under less democratic control than more? Cause that’s flip side of independent gov’t institutions.

      Personally I think isolating public infrastructure/institutions from the gov’t has not worked incredibly well. I used to think the opposite. It “protects” them somewhat from bad actors but it also limits the ability of other gov’ts to leverage them to fulfill what Canadians voted for. Essentially limits the scope of electoral democracy to affect change further than it already is.

      • acargitz@lemmy.ca
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        39 minutes ago

        The DOGE example shows we do need a way to protect institutions from the “tear it down” far right. It’s ridiculously easy to destroy but hard to build. So I would say give them a strong democratic mandate and charter and make it legally hard to tear down in one mandate.