In POLITICO Pro’s morning brief, Robert Asselin emphasized how the federal government needs to prioritize business confidence and include a long-term growth plan in the upcoming federal budget.

“We need to focus on the quality of spending rather than on quantity. Given the amount of savings (disposable income of Canadians is 10 percent higher than it was pre-pandemic), a short-term stimulus would be a miss. What we need is a shift from consumption spending to productive investments: applied public R&D in fast-growing sectors, child care, re-skilling workers for the digital economy and helping our resource sector transition to a low-“carbon future.”

Robert Asselin, Senior Vice President, Policy, Business Council of Canada