Federal Liberal Party leadership candidate Marc Garneau is making the West a priority in an effort to build Liberal memberships in Saskatchewan, Alberta and British Columbia as those provinces take over the economic engine of Canada.
Garneau was in Saskatoon Jan. 10 meeting with students at the University of Saskatchewan on another stop in his cross-country tour of Canada.
“The centre of gravity, economically speaking for the country, has shifted to the West,” said Garneau, who represents the Quebec riding of Westmount–Ville-Marie. “If you look at the province of Saskatchewan, it has a booming economy with great resources (like) uranium, potash and of course grains as well as oil and gas. It also has strong potential with respect to the knowledge-based economy with great universities and good companies.
“There is a great shift in terms of where things are at in Canada economically speaking, so the message that I carry when I go to Saskatchewan, Alberta and British Columbia is that I understand how the situation has changed and how important the West is.”
Garneau, 63, said he entered the Liberal leadership race on Nov. 20 due to this desire to change the focus of the country’s economic policy. He said the economic centre of the world has shifted to Asia where there is a high demand for western Canadian resources and, as a result, Canada must find an “efficient way” to get these resources to countries like China and India.
To demonstrate a way to do this, Garneau released his four-point economic strategy earlier this year, which includes a desire for open foreign investment in Canada under transparent and concrete rules, an investment in transportation infrastructure for resources moving to the BC coast for shipment to Asia, environmental protection based on scientific evidence and partnerships with aboriginal communities through resource revenue sharing.
While he believes this may be a start in keeping Canada on a strong footing economically, Garneau said these changes couldn’t right the ship all by themselves. He said with an aging population and underused youth that Canada will not be able to keep up with powerhouses China and India unless an investment is made in a “knowledge-based economy” as well.
“The Harper government is only focused on resource development, but should also focus on diversifying the economy,” he said. “On occasion the price of a resource is going to go down, because there are fluctuations in the world market and in world demand for our resources.
“Having a diversified economy means focusing on trying to exploit that other wealth within this country, which is its people. It’s a focus on putting in place a federal policy that will help to make us more innovative in this country and more competitive with respect to other countries.”
To read more please see the January 28 print edition of The Davidson Leader.