GOLDSTEIN: Ten-year plans are meaningless, which is why Carney loves them
There are few things in politics more indecipherable or meaningless to the average Canadian taxpayer than a government announcing a 10-year plan, which is why Prime Minister Mark Carney keeps doing it.
Ten-year plans give the government lots of runway before it has to produce results.
GOLDSTEIN: Ten-year plans are meaningless, which is why Carney loves them Back to video
Carney, for example, may no longer be PM 10 years from now.
In the real world, 10-year government plans are as unreliable as 10-year government deficit projections, because they’re vulnerable to future events over which the government has no knowledge, let alone control.
A government announcing a 10-year economic plan in 2015, for example, had no idea of what the 2020 pandemic would do to the global economy.
Former prime minister Justin Trudeau announced a 10-year, $200-billion-plus plan in 2021 to lower Canada’s industrial greenhouse gas emissions to 40% to 45% below 2005 levels by 2030,........
