Macroeconomics,  Research,  Trump Tariffs

Building a Sovereign, Value-Added, and Sustainable Economy

In this existential ‘Elbows Up’ moment for Canada’s economy, public discourse has been overly influenced by loud demands from corporations and their political backers to implement their age-old agenda: deregulate (especially environmental rules), cut taxes, build more pipelines.

That agenda will definitely NOT build a Canada that is more self-reliant, sovereign, and sustainable. To achieve genuine economic independence we need a holistic strategy to maximize the potential of our people, our skills, ALL our natural resources, and our social capital.

To broaden the discourse over Canada’s economic strategy under Trump, the Canadian Centre for Policy Alternatives and the Centre for Future Work have released a new ‘Factbook’.

The Factbook reviews 15 central challenges that need to be balanced in designing Canada’s response to this moment. Standing up to Trump needs us to do all of these things. Building a pipeline is no magic bullet—and would in fact move us backward on several of these challenges.

The Factbook provides background for an invitational ‘Elbows Up Economic Summit’, being co-sponsored by 8 national organizations in Ottawa on September 15. It will gather progressive economists and other policy experts to work on a more holistic and viable nation-building plan for Canada.

The Elbows Up Summit is co-sponsored by: Canadian Centre for Policy Alternatives, Centre for Future Work, Progressive Economics Forum, Pledge for Canada, Council of Canadians, C40 Centre for City Climate Policy & Economy, Care Economy Team, Elbows Up for Climate. Stay tuned for more details!

Jim Stanford is Economist and Director of the Centre for Future Work, based in Vancouver, Canada. Jim is one of Canada’s best-known economic commentators. He served for over 20 years as Economist and Director of Policy with Unifor, Canada’s largest private-sector trade union.