Lessons from Quebec's Investment Failures
Understanding what actually works, and why, would help us make better choices about our economic future.
Quebec's recent investment failures highlight the need for governments to evaluate industrial policy based on real outcomes, not just spending.
- Northvolt battery plant
- Lion Electric
- Bricklin car plant in New Brunswick
- Hydroponic cucumbers project in Newfoundland
These examples of failure feed the persistent narrative of governments making costly, failed bets with public money.
Author's summary: Quebec's investment failures inform Canada's industrial policy.