I want to encourage folks to look through the CAW’s detailed submission to the federal government’s panel on competition policy (headed by Red Wilson). Here is the link:
I think it’s a major statement about the structural transformation occurring in
* regulating the pace of resource development
* taxing resource profits
* stopping the takeover of resource companies
By thus declaring that
I and others have been making this argument for a year now, but just recently it has been getting some traction with reporters and others. It certainly expands the economic case in favour of regulating foreign takeovers: not just because of the loss of control over those particular companies, but because of the negative side-effects on the whole economy. A shorter version of the argument is contained in the industrial policy section of this year’s Alternative Federal Budget.
I’d be interested in any thoughts & feedback on the economic arguments, and ideas about how we can raise these issues politically (including in the coming federal election).
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