B.C. Ferries’ China deal exposes the cost of fiscal weakness

B.C. Ferries’ China deal exposes the cost of fiscal weakness

Would you spend an additional $1.2 billion to avoid handing a major contract to a geopolitical rival? B.C. chose not to, and that decision says more about fiscal posture than foreign policy. B.C. Ferries' decision, announced on June 10, to award a major shipbuilding contract to a Chinese shipyard isn’t just about ferries. It’s about how fiscal vulnerability is increasingly dictating Canada’s foreign and economic decisions.