Terence Corcoran: Did the EU just launch the end of neo-statism?

Contributing sentiments towards policy:

65% : Ontario has its Driving Prosperity program that formally establishes subsidies as a prime stimulus for corporate action, including for example a $287-million grant to General Motors to "pave the way for GM's first electric vehicle (EV) production line in Ontario."
47% : One wonders how EU makers of electric vehicles will respond when they discover that Canada has heavily subsidized EV production, killing demand for European production.
46% : The EU launched its China subsidy allegations two days after Ottawa and Ontario were singled out by the Parliamentary Budget Officer for high-cost and zero-benefit $28.2-billion subsidies to two EV battery manufacturing plants to be built by Stellantis-LGES and Volkswagen in Ontario.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.