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Aerospace’s Benefits for Canada Transcend the Free-market Critics

The Globe and Mail published an article by Jim Stanford, Harold Innis Industry Professor of Economics at McMaster University, on the economics of the aerospace industry.

May 09, 2016

Bombardier Inc.’s request for an equity investment from the federal government to support its C Series airliner has sparked a familiar policy debate. Market-oriented commentators oppose government intervention in private companies on principle, invoking well-worn complaints about “wasting taxpayers’ money,” “subsidizing failure” and “distorting markets.”... Read the full article.