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Jesse Kline: In the face of tough new tariffs, Carney doubles down on government spending

Canada needs icebreakers and electricity, but where's the plan to keep industry from fleeing?

A week after Prime Minister Mark Carney announced a new deal to expand the Churchill Falls hydroelectric project, he held a press conference in Lévis, Que., on Monday to announce a contract to build six icebreakers for the Coast Guard at the Chantier Davie shipyards.

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While Canada desperately needs electricity to power its economy and icebreakers to protect its shores, Carney has yet to demonstrate that his government is capable of enacting economic policies beyond spending massive amounts of borrowed money.

Jesse Kline: In the face of tough new tariffs, Carney doubles down on government spending Back to video

Although Monday’s announcement was years in the making — Ottawa announced plans to purchase the new icebreakers in 2019 — the prime minister did his best to tie it to the trade negotiations with the United States that broke down on Friday.

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