Anthony Furey: Balancing Economic Growth Initiatives and Using Taxpayer Funds Responsibly

Commentary Prime Minister Mark Carney means business. That much was made clear with last week’s announcement of the details of a new federal program called the Venture and Growth Capital Catalyst Initiative (Growth VCCI). It was another initiative from the Carney government that shows the feds are serious about spurring investment and economic growth. What […]

Anthony Furey: Balancing Economic Growth Initiatives and Using Taxpayer Funds Responsibly

TL;DR

  • Prime Minister Mark Carney announced the Venture and Growth Capital Catalyst Initiative (Growth VCCI).
  • This initiative indicates the government's seriousness about boosting investment and economic growth.
  • The government believes it has a role in business and capital deployment.
  • Questions are raised about the speed and necessity of these government business programs.