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Podcast: Bloomberg Benchmark

Canada’s Rising Star Sticks to Her Guns On Stimulus

Category: Business
Duration: 00:32:30
Publish Date: 2021-06-03 08:00:00

Canada has a well-earned reputation as the world’s “goody two shoes,” with a progressive record on civil liberties and a history of sticking to its principles in perilous times. The country made it through the 2008 financial crisis relatively unscathed, and more recently its Atlantic provinces were tagged as the New Zealand of North America for their aggressive efforts to contain Covid-19. If you ask Canadian Finance Minister Chrystia Freeland, she wouldn’t have it any other way.

On this week’s podcast, host Stephanie Flanders talks with this rising star in Canadian politics, one seen as a potential successor to Prime Minister Justin Trudeau. A former journalist, Freeland has loudly defended aggressive fiscal moves by Canada and other nations to bolster their economies over criticism they are ignoring the inflation threat. She also argues it took Covid-19 to convince Canada to take child care seriously.

The podcast ends with a look at the surprising cultural dynamics forming up around America’s milk and egg supply. Bloomberg agriculture reporter Elizabeth Elkin relates how producers are fighting to keep chocolate milk in U.S. schools while some farmers are betting consumers are willing to pay big for environmentally friendly eggs.

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