The World Is Watching Canada

5 comments

1. [removed]

2. A analysis by the head of Canadian poster Angus Reid. Focusing on how the new Canadian administration has a cavalcade of issues dealing with the world. With specific mention of a disconnect between how Canada sees itself and how the world sees Canada. She says that Canada needs more then talk if they want to succeed.

3. As a Canadian I’m very excited about our future. Mark Carney is viewed as one of the world’s best living economists, even countries we’ve recently had issues with (China, India) have expressed a willingness to work with him.

4. This is exaggerating.

   Canada’s 65-70% trades are with only one country -US.

   They don’t have any substantial foreign relationships with countries outside of US and few EU countries.

   Coming to an investor’s perspective, tsx has been abysmal with ~3% annually compounded ROI. So there are no eyeball on Canadian markets from investors. Heck, even canadian investors are not investing in Canadian economy.

   Probably housing/RE (least productive component) is the only attractive thing in Canada – that too seems deliberately inflated via reckless immigration policies by liberal govt. and probably only Chinese investors are holding on canada’s housing/RE.

   So there is very less interest from rest of the world for Canada.

   Its hard to believe any country would be watching Canada.

5. Only Canadians think the world is watching them. This article is literally the South Park meme about “a great day for Canada, and therefore the world”

   In the end, the US has an economy 15x larger than Canada, 13x more total wealth, a 16x larger consumer market and 34x more defense spending.

   Canada can’t take a mantle of global leadership no matter how much Canadians spin it, since it doesn’t have the demographics or strategic depth to really extricate from the U.S. sphere as the article casually recommends as the path forward. Geography is destiny after all.

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