bay street

Canada's social economy is about to receive a significant boost in federal support. However, there are significant problems with the ways in which the fund is being set up.

With the help of heavy hitters from Wall Street, Bill Morneau has been designing a radical new bank that will deliver some of Canada's infrastructure into the hands of private investors.

"Pay to play": that is what businesses looking for contracts or friendly legislation are told by insiders paid to know how to make things happen in Canada.

Recent scandals with KPMG and the Panama Papers leaks reveal Canada Revenue's standard kid-glove treatment for the wealthy and powerful.

Are Justin Trudeau's Liberals the same old Bay Street Party? The litmus test will be how he deals with tax law-breakers at accounting firm KPMG and their apologists in the Canada Revenue Agency.

There's every indication that Justin Trudeau, notwithstanding his progressive talk, would continue the longstanding Liberal tradition of letting Bay Street call the economic shots.