Wednesday, October 14, 2026

this is nonsense and will do nothing to protect jobs, as the federal government has been responsible for more layoffs over the last year than the tariffs have. you're more likely to get laid off if you work for the federal government right now than if you're in a private industry that's been affected by the tariffs. nationalizing stelco consequently might increase the number of layoffs, if it's nor paired with a subsequent increase in demand generated by a jobs bill and increases in deficit spending.

further, it's a right-wing economic policy disguised as left-wing by using strategically chosen buzzwords. nationalization is often promoted by the fake left but that kind of state capitalism is generally more similar to very old conservative ideas about mercantilism than anything related to socialism. state control over industry does not necessarily lead to greater worker control or greater worker percentage of profits, and in canada in 2026 there's little reason to think it would. it's all "general revenue"; you're just paying for mp's salaries. that's not socialism, it's not left-wing - it's state capitalism, it's fascism, it's extremely right-wing.

you protect jobs by increasing demand, not through nationalization. employment is not determined by the national origin of the owner of a company, it's determined by how many workers are required to generate enough product to meet demand for it. if the ndp's goal is to protect steel industry jobs in canada, it should be calling for a jobs bill and for the government to buy more steel, not for nationalization. nationalization is irrelevant to employment.

the reality is that this is not left-wing at all, it's supply side economics. the ndp is supporting reaganomics.

i don't personally support maintaining a steel industry in canada and would be happy to shut the filthy steel mill in hamilton down. we should import steel from other countries and offshore the pollution it generates in the process. the amount of employment it creates in canada by keeping it here is broadly trivial. i don't want this filthy industry here, in this country. let the americans deal with the pollution if they want it. good riddance.