There is a political philosophy out there that subscribes to the view that the lack of economic growth in tough times responds best to stimulus spending as a way to jumpstart a national economy. The school of economic erudition championing this view – Keynesian in origin – promotes the need for government to invest in upgrading infrastructure such as roads, bridges, airports, and sewers. As the rationale goes, the fact that government spends to get these megaprojects going should result in a double windfall for the economy: jobs are created and businesses/corporations invested. What the Trudeau government has in mind will amount to well over thirty billion dollars of borrowed money being injected into public enterprise over the next three years; that on top of an eighteen billion dollar deficit already amassed because of falling oil revenues. It would seem that there is more to this grand strategy to stimulate the Canadian economy than just launching a large-scale building program to ready the country for a ‘new’ national narrative based on promoting alternative energy forms. To begin with, this initiative, while looking bold and innovative, was politically motivated. The Liberals, looking for a way to distance themselves from the fiscally tight-fisted Conservatives and NDP, ¬†rolled out a gigantic new vision for the nation. In these tepid times, that amounts to pumping a lot of money into an economy that goes beyond a lot of upgrades: research and ¬†technology leading the way. Nowhere else in the world is this kind of investment being made in order to attract the private sector at a time when government debt continues to climb, oil prices falling, and consumer credit virtually maxed out. Needless to say, it would sure be nice if oil prices rebounded in order to finance this enormous makeover, but that will never make up for revenue shortfall already resulting from the precipitous drop of over seventy dollars a barrel. Recovery, for sure, may happen but that leaves us with a stimulus plan that is still in the preparation stage for take-off later this year. The fact that the finance minister needed to tie this unexpected large deficit with an upcoming stimulus package means only one thing: expect an even larger deficit once the budget is delivered in late March. Only at that moment will Canadians finally learn how prepared the Liberals are to make good on their election promises. The caveat is that each of these promises honored have to then translate into increased consumer confidence, corporate investment, and improved employment numbers. In all fairness, this government will be ultimately judged by long term outcomes, not short term concerns.