Dirigisme

The most startling example is the Trump administration, ostensibly a conservative Republican government, and its frequent use of direct equity ownership, golden shares, and provisions for first right of refusal.

Dirigisme has long been a part of the economic fabric in Quebec, and the trade has often spilled over into Ottawa.

Laurentian capitalism, as the hub christened it, was frequently practiced by the Justin Trudeau liberals, from EV battery plants to clean manufacturing.

The Carney government, while a vast improvement on this front, is still spending less, investing more, from hydro dams and mining stakes to a new sovereign wealth fund.