Canada’s leadership could have done better in the past decades (not that they are directly responsible for these tariffs).
* Canada funds and invents new technologies in early stages, but fails to commercialize them: AI, smartphones, pharmaceuticals, …
* Canada hasn’t introduce measures to retain its talent. It’s too easy to be trained in Canada and work in USA.
* Canada hasn’t diversified its trade. It exports around 80% of exports to a super power, putting itself in a vulnerable position.
* Canada’s economy focuses on natural resources, oil, finance and services. It should do a better job in more productive sectors (tech, manufacturing, etc).
* Canada’s immigration is insane.
* The housing crisis, inflation, reduced GDP per capita and productivity are the result of poor management.
* Canada should stay neutral with respect to internal politics of major powers. The power swings, and liberals should not speak ill of republicans.
* Canada should meet its NATO commitments. It contributes less than most members. It should think of defense.
* Canada’s universal healthcare system seems to me costly and hard to sustain, and needs to be reformed to lower public costs.
Thankfully, tariffs are delayed, and hopefully will not be slapped back.
