CANADA – LILLEY: Freeland demands $2B to buy shares in a company that doesn’t exist
A viral video of Finance Minister Chrystia Freeland explaining why she needs to spend $2 billion quickly is giving Canadians an inside look at how the Trudeau government acts first and thinks later.
The video clip is from a Senate finance committee hearing last December, when Freeland was asked to explain why she needed $2 billion to buy shares in a company that didn’t exist.
Marshall replied that she wanted to know why none of this was in the legislation to set up this fund, which in addition to $2 billion of government money, seeks to attract billions more, a total of $15 billion for the fund.
Her complaint was completely valid — and remains so now, one month after Bill C-32 passed and became law.
That is not good fiscal stewardship or governance, but it is indicative of how the Trudeau government operates these days.