‘Full-blown Third Worldism’: Liberals ‘suspending rule of law’ for certain companies

Описание: In this segment from The Really Big Show, Jim and Iain discuss Canada’s long-standing failure to translate its extraordinary natural resource endowment into sustained economic advantage and global competitiveness.

Drawing on recent analysis from the Business Council of Canada, the discussion underscores the severe consequences of Canada’s protracted regulatory delays. According to S&P Global research, Canada ranks among the slowest jurisdictions globally for mine development, with timelines often exceeding twenty years from discovery to production.

They also discuss Canada "suspending the rule of law" for certain companies. This refers to the selective application or outright bypassing of regulatory, environmental, and permitting requirements that normally apply to resource and infrastructure projects. Under recent legislation and executive mechanisms, the government has created pathways to exempt favoured projects from standard legal and environmental processes, effectively creating a two-tier system: one set of rules for politically or economically aligned companies, and another, far stricter set for everyone else. This practice undermines the principle of equality before the law, replaces transparent, merit-based approvals with discretionary exemptions, and introduces elements of cronyism and centralized decision-making that many observers have likened to governance patterns more commonly seen in less democratic jurisdictions.

The conversation contrasts Canada’s largely unrealized energy potential, most notably in LNG, against the comparative success of trading partners that have deliberately prioritized the creation of secure supply chains for democratic allies. It further examines the persistent pattern of policy choices that have restrained resource development, diminished Canada’s share of global markets in critical minerals and agrifood products, and left the country increasingly marginalized as other nations seize the opportunities it has failed to exploit.

Do you think Canada's greatest obstacle to prosperity is external or internal? Let us know in the comments.

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