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At the Davos event, where U.S. President Trump sold America as a low-tax nation open for investment, Trudeau offered a down-with-corporations speech dedicated to genderism, diversity and intersectionality. “We have to recognize that aspects of intersectionality are always at play and require special attention,” he said. “Here’s an example: In 2016, among women who were newly appointed to the boards of Fortune 500 companies, 77 per cent of them were white. Race, religion, sexuality, socioeconomic status — these are just a few of the ways that women are even further discriminated against.”

A study that warrants further study is no reason to rush to regulate diversity

When he wasn’t playing the race/sex/religion/inequality card in Davos, Trudeau laced into corporate greed. “Too many corporations have put the pursuit of profit before the wellbeing of their workers. The gap between the rich and the poor is staggering. All the while, companies avoid taxes and boast record profits with one hand, while slashing benefits with the other. But that approach can’t and won’t cut it anymore.”

Instead, what Canada and the world need is more social corporatism. To support his gender and diversity mission, Trudeau cited a McKinsey Global Institute report as evidence that “narrowing the gender gap in Canada would add $150 billion to our economy by 2026.” He also claimed a study by the Peterson Institute for International Economics in Washington showed that increasing the number of women in leadership positions from zero to 30 per cent “translates into a 15-per-cent boost in profitability.”