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Trevor Hancock: We can't grow our way out of problems created by growth

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29.07.2025

Mark Carney may not have called his Bill C-5 — now the Building Canada Act — a big, beautiful bill, but it does come out of much the same mould as Trump’s bill.

Essentially, it says we can and must grow our way out of our problems. But the problem is that growth itself IS the problem, as I wrote last month.

Our current economic system has taken us past seven of the nine planetary boundaries identified by Earth scientists, and has triggered a wide variety of other problems, constituting together a polycrisis. The cliff edge looms, and governments across Canada and around the world are hitting the accelerator!

But all is not lost. You know something important is up when Saul Klein, a former dean of the University of Victoria’s Gustavson School of Business and now CEO of the Victoria Forum, is co-author of an article in the Times Colonist (July 11) that states:

“For a long time, we believed that our systems just needed fixing, that they were broken or outdated. But we’ve come to realize something more........

© Times Colonist